The unexplained slump follows a similar drop for the Hang Seng Index in May.
Pacific Investment Management Co. may not win a quick end to Bill Gross's lawsuit claiming he's owed hundreds of millions of dollars after allegedly being forced out of the firm he co-founded 45 years ago.
<i>Breakfast with Benjamin</i> The Fed gets credit for 93% of the stock market's run since 2008, and it's not just a spurious correlation.
<i>Breakfast with Benjamin</i> There's a new low-minimum IRA targeted to young investors who want their money invested in companies dedicated to sustainability.
The precious metal is already up nearly 17% from the start of the year, and some analysts are now suggesting the case for gold is getting even stronger.
Investors can see how funds rate when it comes to sustainability factors. But public access could mean more pressure and focus on ESG issues from clients.
The average stock fund investor is still sitting on losses since the market's May 2015 peak. But many funds that invest like your grandparents have already climbed out of the hole.
Brent tops $40 for first time since December on rig count
Economy adds more jobs than forecast, earnings lose traction
Investors are piling in to gold funds, ETFs
The most obvious victims of a negative-rate environment are savers and retirees
Savers and retirees would suffer the most
Fidelity's Mark Notkin sees mid-to-high single-digit returns for 2016
A looming earnings recession favors utilities, staples, dividend-payers.
Meager economic growth and political fear-mongering aside, financial advisers shouldn't be overly concerned about the threat of a U.S. recession.
Some analysts say the pullback makes more sense than the rally
Scoring funds for social, environmental and governance factors feeds a growing investor appetite
Attraction for the billionaire could be the REIT's right to recapture leased space at better rates.
Hybrid exchange-traded mutual fund called a 'test case', and is already receiving some skeptical reviews.
The U.S. employment report for February will need to show continued robust job additions, higher wage growth and a labor participation rate that is edging up.
