By Summer Zhen HONG KONG (Reuters) – Concentrated bets on popular Chinese e-commerce giant PDD Holdings may have led to losses in billions of dollars for hedge funds from a crash in its shares f[...]
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US equity funds draw large inflows on rate cut bets, easing growth concerns
(Reuters) – U.S. equity funds attracted significant inflows in the seven days to Aug. 21, bolstered by bets of a Federal Reserve rate cut in September and easing worries about a potential downtu[...]
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Global equity funds see sharp inflows on Fed rate cut hopes
(Reuters) – Global investors ploughed money into equity funds in the week to Aug. 21, encouraged by expectations of a Federal Reserve rate cut in September and easing concerns about the U.S. eco[...]
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What to look for at Fed’s Jackson Hole symposium
By Ann Saphir (Reuters) – Central bankers from around the world fly into Jackson Hole, Wyoming, this week to attend what has become the globe’s premier economic gathering, the Kansas City[...]
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Fed policymakers flag rate cuts as job market cools
By Ann Saphir and Michael S. Derby JACKSON HOLE, Wyoming (Reuters) -Federal Reserve policymakers on Thursday lined up in support of U.S. interest-rate cuts starting next month now that inflation is we[...]
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Four tips to make the most of hybrid work
By Chris Taylor NEW YORK (Reuters) – If you ever question the value of hybrid work, just have a chat with L Parker Barnum. The managing director of creative agency Mythology splits his week: thr[...]
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Fed has ‘clear path’ to achieving goals without recession, Collins says
By Howard Schneider and Ann Saphir Jackson Hole, Wyoming (Reuters) – Boston Federal Reserve President Susan Collins on Thursday expressed confidence the U.S. central bank will be able to bring i[...]
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New US ETFs being launched at record pace in 2024
By Suzanne McGee (Reuters) – The number of new exchange-traded funds hitting the U.S. market is on track to set another record in 2024, according to data from Morningstar Direct, with an average[...]
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Wells Fargo to sell its non-agency third-party Commercial Mortgage Servicing business to Trimont
(Reuters) – Wells Fargo on Tuesday agreed to sell its non-agency third-party Commercial Mortgage Servicing business to Trimont, a move that will make the firm the largest servicer of commercial[...]
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