Money

U.S. fund investors creep back in to market: Lipper

18 hours ago DieselGasoil Comments Off on U.S. fund investors creep back in to market: Lipper
NEW YORK (Reuters) – U.S. fund investors inched back in to the markets during the most recent week, putting $2.5 billion into bonds and $1.1 billion into stocks, Lipper data showed on Thursday. Yet wounded investors were reluctant to wade back in to their home market, with domestic equity funds recording a third straight week Read More

BlackRock puts gunmakers on notice after Florida school shooting

19 hours ago DieselGasoil Comments Off on BlackRock puts gunmakers on notice after Florida school shooting
BOSTON/NEW YORK (Reuters) – The world’s largest asset manager put U.S. gunmakers on notice on Thursday that it is no longer business as usual in the wake of a shooting that killed 17 at a Florida high school. BlackRock Inc said it will speak to weapons manufacturers and distributors “to understand their response” to the Read More

U.S. fund investors creep back into the market

20 hours ago DieselGasoil Comments Off on U.S. fund investors creep back into the market
NEW YORK (Reuters) – U.S. fund investors inched back into the markets during the most recent week, putting $2.5 billion into bonds and $1.1 billion in stocks, Lipper data showed on Thursday. Domestic equity funds recorded a third week of withdrawals, with $4.6 billion flowing out in the seven days through Feb. 21. Reporting by Read More

BlackRock says will seek 'response' from gunmakers to Florida school shooting

21 hours ago DieselGasoil Comments Off on BlackRock says will seek 'response' from gunmakers to Florida school shooting
BOSTON (Reuters) – BlackRock Inc said on Thursday it plans to speak with weapons manufacturers and distributors ‘to understand their response’ to last week’s mass school shooting in Florida. Ed Sweeney, a spokesman for the New York-based asset manager that is the largest owner of many U.S. companies, said via e-mail that it cannot sell Read More

Five ways millennial caregivers can find help

1 day ago DieselGasoil Comments Off on Five ways millennial caregivers can find help
NEW YORK (Reuters) – Amanda Singer had her plate full running a dance studio in Massachusetts. But after her mother underwent emergency surgery and radiation for breast cancer late last year, Singer, 28, unexpectedly found herself taking on an even bigger responsibility – the role of unpaid family caregiver. Singer is one of millions of Read More

Norway's sovereign wealth fund buys 245 million pounds stake in UK's Shaftesbury

1 day ago DieselGasoil Comments Off on Norway's sovereign wealth fund buys 245 million pounds stake in UK's Shaftesbury
(Reuters) – The sovereign wealth fund of Norway bought a 245 million pounds ($342 million) stake in British property group Shaftesbury from Invesco, regulatory filings showed on Thursday. Shaftesbury owns and manages retail, office and residential properties in the prime London districts of Soho and Covent Garden. Norges Bank Investment Management (NBIM), the world’s largest Read More

For some, traumatic life jolts lead to profound, personal growth

1 day ago DieselGasoil Comments Off on For some, traumatic life jolts lead to profound, personal growth
CHICAGO (Reuters) – (The opinions expressed here are those of the author, a columnist for Reuters.) Some of my favorite stories on the retirement beat are not about retirement at all. Rather, they are about people who have taken sharp turns later in life to new careers, often driven by a desire to find greater Read More

Bridgewater's Dalio sees 70 percent chance of recession before 2020

2 days ago DieselGasoil Comments Off on Bridgewater's Dalio sees 70 percent chance of recession before 2020
CAMBRIDGE, Mass. (Reuters) – Billionaire investor Ray Dalio, who founded world’s largest hedge fund Bridgewater Associates, thinks there is a relatively high chance the U.S. economy will stumble into a recession before the next presidential election in 2020. Dalio said the U.S. economy is not currently in a bubble. But he reasoned that it might Read More

Bridgewater's Dalio sees 70 pct chance of recession before 2020

2 days ago DieselGasoil Comments Off on Bridgewater's Dalio sees 70 pct chance of recession before 2020
CAMBRIDGE, Mass. (Reuters) – Billionaire investor Ray Dalio, who founded world’s largest hedge fund Bridgewater Associates, thinks there is a relatively high chance the U.S. economy will stumble into a recession before the next presidential election in 2020. Dalio said the U.S. economy is not currently in a bubble. But he reasoned that it might Read More

How matching money turbo-charges U.S. retirement savings

2 days ago DieselGasoil Comments Off on How matching money turbo-charges U.S. retirement savings
CHICAGO – After turning miserly when the Great Recession began nearly 10 years ago, U.S. employers are loosening their purse strings and giving workers more money to boost retirement savings. Recently, some companies – ranging from Nationwide to Honeywell – said they will devote funds from the new tax cut to employee 401(k) matches. Read More