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Daily News

Below please find daily updates pertaining to the latest in financial news:

Reuters - Financial Feed

Ultra-short obligation funds attract inflows ahead of Fed: Lipper

Thu, Sep 20, 2018

Investors took on a defensive approach ahead of next week's Federal Reserve meeting, pouring money into ultra-short obligation funds as well as equity and fixed-income exchange-traded funds, Lipper... ...

U.S. bond market recession signal not far away, say strategists: Reuters poll

Thu, Sep 20, 2018

The moment when short-dated U.S. Treasury yields rise above longer maturities, a reliable forecaster of recessions, is only two years off at most and could happen in the next year, according to... ...

Your Money: What to learn from NFL rookies about getting rich quick

Thu, Sep 20, 2018

You could hardly design a worse scenario for smart money management than being a rookie in the National Football League. Young men in their early 20s, many from low-income backgrounds, are showered... ...

DoubleLine's Gundlach warns U.S. Treasury yields headed higher

Wed, Sep 19, 2018

Jeffrey Gundlach, chief executive officer of DoubleLine Capital, on Wednesday said bond prices across the U.S. Treasury yield curve could fall if the 30-year yield closes above 3.25 percent twice in... ...

Strap on the Fitbit: John Hancock to sell only interactive life insurance

Wed, Sep 19, 2018

John Hancock, one of the oldest and largest North American life insurers, will stop underwriting traditional life insurance and instead sell only interactive policies that track fitness and health... ...

Medicare supplement plans are changing: What you need to know

Wed, Sep 19, 2018

If you are buying a Medicare supplemental policy in the United States, make sure you choose your insurance carefully over the next few months. ...

'Who broke the law?' Cohn says in defending Wall Street's role in crisis

Mon, Sep 17, 2018

Gary Cohn, the former economic adviser to U.S. President Donald Trump, gave a ringing endorsement of Wall Street bankers on Monday, arguing that borrowers were just as responsible for the 2007-2009... ...

Traders take Fed's cues, pile on bets on U.S. rate hikes

Mon, Sep 17, 2018

Bond traders are increasing bets the Federal Reserve will raise U.S. short-term interest rates into 2019 as the jobs market tightens and with inflation seen climbing above its 2 percent goal. ...

Investors favor lower-risk bonds in latest week: Lipper

Thu, Sep 13, 2018

Investors favored lower-risk U.S. bond exposure during the latest week, Lipper data showed on Thursday, as trade conflicts, an emerging market crisis and contradictory economic news spoiled the idea... ...

Exclusive: Hedge fund Diamondback founders Schimel and Sapanski plan new fund - sources

Thu, Sep 13, 2018

The founders of Diamondback Capital, one of a handful of hedge funds touched by the U.S. government's insider trading probe, have reunited and are working on a new investment project, people familiar... ...