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Up to 26M Americans could get student debt relief under new plan
NEWS INDUSTRY NEWS APR 08, 2024
Up to 26M Americans could get student debt relief under new plan

President Biden hopes his alternative plan will pass scrutiny.

Wall Street looks to Europe for outperforming equities
INVESTING EQUITIES APR 08, 2024
Wall Street looks to Europe for outperforming equities

Goldman, Citi among those suggesting cyclical stocks will deliver.

Treasury yields rise as jobs report trims rate-cut expectations
INVESTING FIXED INCOME APR 05, 2024
Treasury yields rise as jobs report trims rate-cut expectations

Traders pushed back when they foresee the Fed cutting rates after a stronger-than-expected March payrolls report.

Morgan Stanley economist says Fed will cut in June
NEWS INDUSTRY NEWS APR 05, 2024
Morgan Stanley economist says Fed will cut in June

Ellen Zentner says May will be too soon but June should be right.

Cash fund flows won't ease until one year after rate cuts: BofA
NEWS INDUSTRY NEWS APR 05, 2024
Cash fund flows won't ease until one year after rate cuts: BofA

Strategist Michael Hartnett says history suggests a 12-month lag.

Boom and bust for oil? Crude set for $100
NEWS INDUSTRY NEWS APR 05, 2024
Boom and bust for oil? Crude set for $100

OPEC+ may be risking a repeat of 2023's narrative.

Just say no to Goldman’s executive comp plan, investors urged
NEWS BROKER DEALERS APR 04, 2024
Just say no to Goldman’s executive comp plan, investors urged

Proxy voting firm cites ‘significant disconnect between pay and performance’ following CEO Solomon’s $31 million payday.

Stocks, bonds gain as Powell signals rate cuts are ahead
INVESTING EQUITIES APR 04, 2024
Stocks, bonds gain as Powell signals rate cuts are ahead

US jobs report due Friday is a key focus for the market.

Gold at new record high for 4th time this week
INVESTING ALTERNATIVES APR 04, 2024
Gold at new record high for 4th time this week

Rate-cut expectations and demand are driving bullion prices.

Kiss banks $300M with sale of song catalog
NEWS INDUSTRY NEWS APR 04, 2024
Kiss banks $300M with sale of song catalog

The band is also selling its name and image rights to Abba Voyage firm.