This ETF offering could become next year’s hot product
BNY Mellon’s global head of ETFs suggests exchange-traded funds using options overlays could become next year’s hot product. “We are…
Citigroup employees, on edge over layoffs, told they can work remotely until the new year
Citigroup told most of its employees that they can work remotely the final two weeks of December, CNBC has learned.…
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…
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…
Fed lowers inflation forecast for 2024, seeing core PCE falling to 2.4%
The Federal Reserve dialed back its inflation projections on Wednesday, seeing its favorite gauge falling to 2.4% in 2024. The…
