Seven states are enrolling workers in so-called auto-IRA programs to address a gap in 401(k) coverage and savings. More are scheduled to come on line.
Schlagwort-Archiv: Financial
Cliff Asness‘ AQR Absolute Return fund gains 18.5% in 2023, boosted by value picks
Cliff Asness‘ longest running multistrategy fund at AQR Capital Management returned 18.5% last year, net of fees.
Ken Griffin’s hedge fund Citadel posts double-digit returns in 2023, but lags the S&P 500
Billionaire investor Ken Griffin’s various hedge fund strategists all posted double-digit returns for 2023, but they failed to beat the broader market.
Fat Cat Thursday: UK CEO pay already exceeds average worker salary for the year
By 1 p.m. London time on Thursday, the average FTSE 100 CEO will have earned more this year than the median full-time worker’s annual salary.
Alibaba was once a Wall Street darling. After plunging 75% over three years, what’s next?
It’s been a tumultuous 12 months for Alibaba, casting doubt on the future of the tech giant just as artificial intelligence is taking off.
Market forecaster Jim Bianco sees the 10-year Treasury yield surging to 5.5% – a multi-decade high
It’s a level not seen since George W. Bush was president. Bianco Research’s Jim Bianco sees the 10-year Treasury yield hitting 5.5% this year.
Fed officials in December saw rate cuts likely, but path highly uncertain, minutes show
The Federal Reserve on Wednesday released minutes from its Dec. 12-13 policy meeting.
The Fed is expected to cut interest rates in 2024. Here’s how investors can prepare
The U.S. central bank expects to cut rates three times in 2024. Investors can lock in CD rates now, while bonds are poised for a pop.
Walgreens posts earnings beat but slashes quarterly dividend nearly in half
Walgreens cut its dividend to 25 cents per share from 48 cents per share to „strengthen its long-term balance sheet and cash position,“ said CEO Tim Wentworth.
‚Big Short‘ investor Steve Eisman worries ‚everybody is coming into the year feeling too good,‘ sees room for disappointment
Steve Eisman of Neuberger Berman sees little tolerance for things going wrong. He warns the Federal Reserve will likely cut rates fewer times than expected.