(Reuters) – U.S. money market funds received inflows for a fifth straight week after recent data pointed to a still-strong labor market, bolstering bets for a rate hike by the Federal Reserve in[...]
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Economy
Investors put $538 billion into cash funds over eight weeks – BofA
By Harry Robertson LONDON (Reuters) – Investors have moved $538 billion into cash funds over the past eight weeks as they pulled money out of bank deposits after the collapse of Silicon Valley B[...]
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Hedge funds bought financial stocks amid banking turmoil, says S&P
By Carolina Mandl NEW YORK (Reuters) – Hedge funds increased their exposure to stocks in the financial sector amid the banking turmoil in March, as they saw a buying opportunity at lower prices,[...]
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L&G’s fund arm to back climate votes at U.S., Canadian banks
By Simon Jessop LONDON (Reuters) -Britain’s biggest asset manager, Legal & General Investment Management (LGIM), said on Thursday it would back a number of climate-focused shareholder resolu[...]
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Can AI answer your money questions? We put chatbots to the test
By Chris Taylor NEW YORK (Reuters) – Face it, we could all use a little help with our money. So who better to ask for personal finance advice than a couple of the most powerful chatbots on the p[...]
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Sovereign debtors, creditors agree on steps to jumpstart debt restructurings
By Andrea Shalal WASHINGTON (Reuters) – Global creditors, debtor nations and international financial institutions on Wednesday agreed ways to jumpstart and streamline long-stalled debt restructu[...]
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Heroes or villains: Short sellers’ role in the U.S. bank crisis
By Lawrence Delevingne (Reuters) – As First Republic Bank’s share price fell by double-digits in the aftermath of the collapse of Silicon Valley Bank last month, some people close to the S[...]
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NY Fed survey finds Americans more downbeat on credit access
By Michael S. Derby NEW YORK (Reuters) – Americans said last month that access to credit was at its toughest level in nearly a decade, as they also braced for higher levels of inflation over the[...]
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‘Powell’s curve’ plunges to new lows, flashing US recession warning
By Davide Barbuscia NEW YORK (Reuters) -The Federal Reserve’s preferred bond market signal of an upcoming recession has plunged to fresh lows, bolstering the case for those who believe the centr[...]
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