By Mark Miller (Reuters) – The U.S. economy is in much better shape today than it was during the Great Recession. But persistent inflation and last year’s sharp stock market decline have shaken[...]
Read more
US
As U.S. megacaps soar, some investors are wary of rising valuations
By Lewis Krauskopf NEW YORK (Reuters) – Some market participants are warning that the U.S. market’s biggest tech and growth stocks may be getting too expensive, even as better-than-expecte[...]
Read more
Drafting it: Sportscaster Rich Eisen on football and finances
By Chris Taylor NEW YORK (Reuters) – Here is a good rule of thumb for entrepreneurs: Opportunity does not always look like what you expect. In fact, sometimes it looks like its exact opposite. I[...]
Read more
Northern Trust’s first-quarter profit slightly below estimates as fees plunge
(Reuters) – Wealth manager Northern Trust Corp reported lower-than-expected first-quarter profit on Tuesday, as lower asset management fees dragged down gains from higher interest rates. The res[...]
Read more
Coinbase files legal challenge to push SEC to write rules on crypto
By Hannah Lang (Reuters) – Coinbase Global Inc filed a petition on Monday in an effort to compel the U.S. Securities and Exchange Commission to create new rules for digital assets, the company s[...]
Read more
Investors cut cash holdings as market focus shifts to inflation
By Lucy Raitano LONDON (Reuters) – Investors cut their cash holdings for the first time in eight weeks in the week to Wednesday, while shedding equities and gold, according to a report from BofA[...]
Read more
U.S. SEC issues guidance on broker and adviser ‘care obligations’
By John McCrank (Reuters) – The U.S. Securities and Exchange Commission (SEC) published a staff bulletin on Thursday giving guidance on how broker dealers and investment advisers must put their[...]
Read more
Explainer-Looming US debt ceiling fight is starting to worry investors
By Davide Barbuscia NEW YORK (Reuters) – A debt ceiling fight is looming in the U.S. yet again, giving investors another worry for markets this year. The U.S. government’s deadline to rais[...]
Read more
Short positions on Canada’s TD Bank rise to $6.1 billion, ORTEX data shows
By Maiya Keidan TORONTO (Reuters) – Hedge fund bets against Canada’s TD Bank Group hit $6.1 billion on Wednesday, a 45% increase from 14 days ago, according to data provider ORTEX’s[...]
Read more