Finance

Fed’s John Williams says the central bank isn’t ‘really talking about rate cuts right now’

New York Federal Reserve President John Williams said Friday rate cuts are not a topic of discussion at the moment…

401(k), IRA balances fell for older millennials, young Gen Xers during the pandemic. Here’s why

Retirement balances for midcareer workers declined between 2019 and 2022, despite gains on financial assets such as stocks during that…

Friday’s S&P 500 and Nasdaq-100 rebalance may reflect concerns over concentration risk

It’s arguably the biggest stock story of 2023: a small number of giant technology companies now make up a very large…

Bank of England leaves policy unchanged, says rates to stay high for ‘extended period’

LONDON — The Bank of England on Thursday kept its main interest rate unchanged at 5.25% and said monetary policy…

‘Bonds are back’ as markets enter a ‘new paradigm,’ says HSBC Asset Management

LONDON — Markets have entered a “new paradigm” as the global order fragments, while heightened recession risk means that “bonds…

DoubleLine’s Jeffrey Gundlach says 10-year Treasury yield will fall to 3% next year

DoubleLine Capital CEO Jeffrey Gundlach said Wednesday the 10-year Treasury yield will continue to fall to the 3% range next year, following the…