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Markets
What House Speaker Mike Johnson has said about Social Security and Medicare
And his ideas are likely to have a key role in the coming political battle over both programs, which face major financial crises in the years ahead that may only be resolved by…
10Y UST yield to decline by 70 bps to 4.20% in 12M horizon – Danske Bank
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10Y UST yields have generally traded in the 4.80-5.00%…
‘We stay in two-star hotels’: We’re 70 and have $1.8 million, but my husband insists on living cheap. Don’t we have…
We are both 70. We retired at age 62, but my husband immediately went back to work with two part-time jobs. He constantly worries about money. We own a home worth $550,000 and…
US ISM Services PMI declines to 51.8 in October vs. 53 expected
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US ISM Services PMI fell to 51.8 in October.
US Dollar…
Lumen CEO buys nearly $1 million in stock after historic selloff
Lumen Technologies Inc. shares sold off sharply in the wake of earnings, but the telecommunication company’s chief executive has been buying. CEO Kate…
Gold Price Forecast: XAU/USD’s upside potential severely limited – Commerzbank
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Gold regained ground following the Fed meeting. Economists…
Buy Vestis Stock. The Uniform Maker Is Finally Going Solo.
Newly public uniform-rental company
Vestis
has a pitch to investors: We’re about more than just dirty laundry. Vestis (ticker: VSTS) was spun…
Fed’s Barkin: Fed has more data to see before next rate decision
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In an interview with CNBC on Friday, Federal Reserve Bank…
Microsoft, Meta, and Alphabet Struggle to Limit AI’s Demand for Water
Artificial intelligence is a game changer—and a water guzzler. “AI represents one of the most prominent and fastest-expanding workloads in data centers,” write…
Why there are still active asset managers
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is a former global head of asset allocation at…