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More than 40,000 federal workers take Musk 'buyout' deal
NEWS INDUSTRY NEWS FEB 06, 2025
More than 40,000 federal workers take Musk 'buyout' deal

Union warns against being 'misled by slick talk from unelected billionaires'.

Why are economists fearing a resurgence of global inflation?
NEWS INDUSTRY NEWS FEB 06, 2025
Why are economists fearing a resurgence of global inflation?

Trade-related risks could be the spark that sends prices soaring again.

Fed says 22 Wall Street banks will be stress-tested
NEWS INDUSTRY NEWS FEB 06, 2025
Fed says 22 Wall Street banks will be stress-tested

Annual analysis of banking resilience has been announced.

Duke’s Cam Harvey pegs cost of portfolio rebalancing at $16B
RETIREMENT RETIREMENT PLANNING FEB 05, 2025
Duke’s Cam Harvey pegs cost of portfolio rebalancing at $16B

Research finds mechanical shifts in exposures have given an edge to hedge funds and other speculators, leading to steep costs for pension funds.

Franklin cuts workforce by 3% following Wamco outflows
INVESTING MUTUAL FUNDS FEB 05, 2025
Franklin cuts workforce by 3% following Wamco outflows

The money manager is planning up to $250 million in expense reductions as fallout from its besieged bond management subsidiary continues.

US equity futures fall with big name earnings in focus
INVESTING EQUITIES FEB 05, 2025
US equity futures fall with big name earnings in focus

Trade war concerns are also increasing, weakening global stocks.

Bond traders cautious as tariff play clouds outlook
INVESTING FIXED INCOME FEB 05, 2025
Bond traders cautious as tariff play clouds outlook

Economic uncertainty could fuel turbulent market.

Haven demand pushes gold to new record high
INVESTING ALTERNATIVES FEB 05, 2025
Haven demand pushes gold to new record high

Bullion reached $2,861 early Wednesday.

Google parent slips 9% as revenue falls short of expectations
NEWS INDUSTRY NEWS FEB 05, 2025
Google parent slips 9% as revenue falls short of expectations

Alphabet's cloud business sales, AI spending is concerning investors.

No need for kneejerk Fed response to Trump policies, says Daly
NEWS INDUSTRY NEWS FEB 04, 2025
No need for kneejerk Fed response to Trump policies, says Daly

The San Francisco Fed chief acknowledged uncertainty, but insisted the central bank's leaders "don't need to be preemptive" in decision making.