By Suzanne McGee (Reuters) – Investors have been piling into an exchange-traded fund (ETF) designed to track U.S. natural gas prices, in spite of the commodity’s dismal performance in 2023[...]
Read more
December 1, 2023
BNY Mellon to raise minimum wage, add mental health benefits
NEW YORK (Reuters) – BNY Mellon will increase its minimum wage next year to $22.50 an hour from $20 and expand mental health benefits for employees, the bank said in a statement on Friday. The p[...]
Read more
US bond investors brace for Fed rate cuts in 2024
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -Bond investors are pricing in imminent Federal Reserve interest rate cuts by the first half of next year, as signs of slowing U.S. economic growth and e[...]
Read more
Average 60/40 portfolio has best month in November since 1991 – BofA
LONDON (Reuters) – November was the best month in over three decades for a classic stock and bond portfolio, as both markets posted their best returns in years, according to a Bank of America Gl[...]
Read more