By Nell Mackenzie LONDON (Reuters) – Hedge funds sold industrial stocks at the fastest pace since December, while buying energy stocks for the fourth straight week last week, a Goldman Sachs not[...]
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US judge blocks Missouri rule curbing socially-conscious investing
(This Aug. 14 story has been corrected to reflect that the Missouri Attorney General’s office is not involved in the case, in paragraph 6) By Daniel Wiessner (Reuters) – A federal judge in[...]
Read moreHow to retire abroad plus expert advice for nervous investors
By Lauren Young NEW YORK (Reuters) -Sign up here for the Reuters On the Money newsletter to get U.S. personal finance tips and insights. Do you dream about living overseas when you retire? My husband[...]
Read moreFactbox-Tech shares in focus as investors eye latest filings from funds
By Carolina Mandl and David Randall NEW YORK (Reuters) -Tech stocks once again grabbed the attention of the world’s biggest funds in the second quarter, regulatory filings showed, as the S&P[...]
Read moreFor aspiring expats, a way to test retirement abroad
By Chris Taylor NEW YORK (Reuters) – Trent Anderson may drive for Uber in Tampa, Florida, but his daydreams take him to places like picturesque Malaga, a city in the south of Spain. “It[...]
Read moreBerkshire invests in Ulta Beauty, Heico as it retreats from Apple
By Jonathan Stempel (Reuters) -Warren Buffett’s Berkshire Hathaway acquired stakes in cosmetics store chain Ulta Beauty and aircraft parts maker Heico during the second quarter, when it also nea[...]
Read moreShunning home markets, South Korean retailers pile-up on US stocks
By Jihoon Lee and Cynthia Kim SEOUL (Reuters) – South Korea’s mom-and-pop investors are defying last week’s global financial markets rout by pouring even more funds into U.S. stocks,[...]
Read moreShrinking cash cushions may pinch US consumer spending, SF Fed report says
By Ann Saphir (Reuters) – Middle- and low-income U.S. families now have significantly fewer liquid resources like bank deposits than they were on track to have before the disruptions of the COVI[...]
Read moreHedge funds retrench on risk, fearful of increased volatility
By Carolina Mandl NEW YORK (Reuters) -Portfolio managers at hedge funds have retrenched from some of their riskier positions after a volatile week for markets. A brutal selloff and recovery in global[...]
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