By Nell Mackenzie LONDON (Reuters) – Hedge funds ditched bearish stock bets early this week at some of the highest rates in three years as U.S. meme stocks rallied sharply, a Goldman note seen b[...]
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Goldman Sachs looks to expand private equity credit lines as dealmaking picks up
By Saeed Azhar NEW YORK (Reuters) – U.S. investment bank Goldman Sachs is muscling into the lending market for private equity and asset managers, planning an overseas expansion as it helps fill[...]
Read moreBiden’s personal finances little changed in 2023, documents show
By Trevor Hunnicutt and Nandita Bose WASHINGTON (Reuters) -U.S. President Joe Biden disclosed a little-changed personal financial situation in 2023, though his book royalties fell, cash in his bank ac[...]
Read moreMothers, money and meaning: Mellody Hobson’s remarkable rise
By Chris Taylor NEW YORK (Reuters) – What does Mother’s Day mean to you? When financial literacy expert Mellody Hobson speaks about her mom, she tells a remarkable story about coping with[...]
Read moreColumn-The Social Security fix no one is talking about
By Mark Miller (Reuters) – What if the traditional wisdom on how to fix Social Security no longer holds? The trustees who oversee the program issued their annual financial forecast on Monday, pr[...]
Read moreNorway’s wealth fund falls short on climate ambitions, NGO says
OSLO (Reuters) – Norway’s $1.6 trillion sovereign wealth fund, the world’s largest, is falling short on its climate ambitions by failing to back multiple shareholder proposals pushin[...]
Read moreNeed a hotel in the US for Graduation Day? Good luck
By Chris Taylor NEW YORK (Reuters) -If you think getting tickets to a Taylor Swift concert or the World Series is tough, try booking a hotel room in an American college town for Graduation Day. Toni M[...]
Read more‘Amazonia’ bonds in 2024 seen a tough sell for some
By Marc Jones, Simon Jessop, Jake Spring and Marcela Ayres LONDON/SAO PAULO (Reuters) -A political push to raise the first-ever “Amazonia Bond” has ramped up during talks to agree a[...]
Read moreAnalysis-Wobbling US stocks could push volatility-linked funds to ramp up selling
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Volatility-linked investment strategies are joining the nascent sell-off in U.S. stocks and could help accelerate declines if market gyrations keep incr[...]
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