Market News
Geode, Fidelity's Index-Fund Manager, Closes Hedge-Fund Business
Wall Street Journal - 28 Feb 2021 17:00
Geode Capital Management's largest private fund lost about $250 million after its bets on stock-market volatility turned sour last year, people familiar with the matter said.
Investors Worry the Fed's Fast Driving Means It'll Have to Hit the Brakes
Wall Street Journal - 28 Feb 2021 15:00
This past week, bond yields jumped and stocks fell. The trouble was that yields jumped for reasons other than economic optimism, and stocks didn't like it.
New CEO Hits Refresh at Citigroup
Wall Street Journal - 28 Feb 2021 12:30
Jane Fraser wants to simplify Citigroup, the original megabank. That won't be easy.
Herbalife to Name Three New Directors as Icahn Era Ends
Wall Street Journal - 28 Feb 2021 19:00
Herbalife Nutrition plans to overhaul its board as Carl Icahn winds down his eight-year involvement with the company and it looks to burnish its standing with other investors.
Goldman Consumer Head Is Leaving to Run Walmart Fintech
Wall Street Journal - 28 Feb 2021 19:00
Omer Ismail, who helped build Goldman's consumer-banking business from scratch, will take on a similar task at Walmart.
Biden Open To Lower Income Threshold For New Stimulus Checks As $1.9 Trillion Proposal Heads To Senate
Forbes - 28 Feb 2021 18:20Go East, Young Man: China Needs to Set its Labor Force Free
Wall Street Journal - 28 Feb 2021 16:00
Fixing the breadth of China's wasted and frustrated talent will be essential to maintain growth, especially if Beijing continues to alienate major trading partners in the years ahead.
Apple Commits To Yearly Dividend Increases
Forbes - 28 Feb 2021 15:30Priced Out: Liquidity Is Also Causing Global Real Estate Prices To Rip
Forbes - 28 Feb 2021 15:30This Stock Market Bubble May Not Be So Bad
Forbes - 28 Feb 2021 15:00Bond-Market Tumult Puts 'Lower for Longer' in the Crosshairs
Wall Street Journal - 28 Feb 2021 15:00
A wave of selling during the past two weeks drove up the yield on the benchmark 10-year Treasury note, which helps set borrowing costs on everything from corporate debt to mortgages, to its highest level since the pandem...
Sovereign gold bond opens for subscription tomorrow. Maturity period to benefits-- 10 things to know
livemint.com - 28 Feb 2021 14:44
The Reserve Bank of India, on behalf of government of India, fixed the issue price of Sovereign Gold Bond at ₹4,662 per gram.If you are considering to invest in gold, then Sovereign Gold Bonds are a far better option t...