Bloomberg

Bloomberg
Displaying 13131 results
Stock funds see exodus as recession fears grip investors
NEWS INDUSTRY NEWS JUN 24, 2022
Stock funds see exodus as recession fears grip investors

Equity funds see $16.8 billion outflows while bonds saw redemptions of $23.5 billion.

SEC to propose new rules for online brokers’ game-like features
YOUR PRACTICE FINTECH JUN 23, 2022
SEC to propose new rules for online brokers’ game-like features

SEC Chair Gary Gensler has raised concerns with how features closely associated with the mobile phone apps offered by brokers can impact trading.

Supreme Court rejects challenge to SEC 'gag order' Musk opposed
NEWS REGULATION AND LEGISLATION JUN 21, 2022
Supreme Court rejects challenge to SEC 'gag order' Musk opposed

The case stems from a challenge by a former Xerox CFO, Barry Romeril, who sued for the ability to deny SEC fraud allegations after he signed a settlement with the agency in 2003.

Morgan Stanley, Goldman strategists see more stock market losses
NEWS INDUSTRY NEWS JUN 21, 2022
Morgan Stanley, Goldman strategists see more stock market losses

Societe Generale's Manish Kabra sees S&P 500 sinking 30% in 1970s style stagflation.

Shift in Bitcoin flows stirs hope for the battered crypto market
INVESTING ALTERNATIVES JUN 21, 2022
Shift in Bitcoin flows stirs hope for the battered crypto market

Fewer Bitcoins are being moved to exchanges from so-called cold wallets — offline stores of the digital asset — for potential sale.

Classic 60/40 strategy set for worse quarter than in 2008
RETIREMENT RETIREMENT PLANNING JUN 20, 2022
Classic 60/40 strategy set for worse quarter than in 2008

With stocks and Treasuries tumbling anew amid the Fed's hawkish moves, the time-honored allocation has plunged about 14% so far this quarter.

Bond market losses just beginning as Fed sets path to 4% yields
NEWS INDUSTRY NEWS JUN 16, 2022
Bond market losses just beginning as Fed sets path to 4% yields

Investors also dumped European bonds after a surprise Swiss rate hike, putting Germany’s five-year yield on track for its biggest jump since 2011.

Top Democrat seeks probe on crypto use in retirement accounts
RETIREMENT RETIREMENT PLANNING JUN 15, 2022
Top Democrat seeks probe on crypto use in retirement accounts

Rep. Richard Neal, chairman of the House Ways and Means Committee, asked the Government Accountability Office to assess the use of cryptocurrency investments in 401(k) plans.

Fed hikes rates 75 basis points, intensifying inflation fight
NEWS INDUSTRY NEWS JUN 15, 2022
Fed hikes rates 75 basis points, intensifying inflation fight

The Federal Open Market Committee "is strongly committed to returning inflation to its 2% objective.”

Bitcoin’s unrelenting sell-off puts prices on verge of $20,000
INVESTING ALTERNATIVES JUN 15, 2022
Bitcoin’s unrelenting sell-off puts prices on verge of $20,000

Bitcoin, the largest token, has fallen for nine straight days, the longest losing streak since 2014.