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Western Asset's flagship bond fund sinks below $10B amid investor panic
INVESTING MUTUAL FUNDS NOV 04, 2024
Western Asset's flagship bond fund sinks below $10B amid investor panic

The Franklin Templeton subsidiary's key fixed income fund has bled $11.1 billion in assets year-to-date amid a federal investigation of the firm's star trader and CIO Ken Leech.

Markets brace for coin-toss election result
NEWS INDUSTRY NEWS NOV 04, 2024
Markets brace for coin-toss election result

From equities to crypto, investors are holding their breath.

Dollar, Treasuries move amid Trump Trade doubts
NEWS INDUSTRY NEWS NOV 04, 2024
Dollar, Treasuries move amid Trump Trade doubts

Some investors have cut back exposure due to close-call polling.

More woes for B. Riley as Franchise Group files Chapter 11
NEWS INDUSTRY NEWS NOV 04, 2024
More woes for B. Riley as Franchise Group files Chapter 11

Brand owner could hand control to lenders.

Blackstone said to be about to buy US shopping center business
NEWS INDUSTRY NEWS NOV 04, 2024
Blackstone said to be about to buy US shopping center business

Reuters says the investment firm is in advanced talks with property owner.

Net-negative jobs report keeps Fed on rate-cut track
NEWS INDUSTRY NEWS NOV 01, 2024
Net-negative jobs report keeps Fed on rate-cut track

A markdown in August and September hiring, along with a muted increase in nonfarm payrolls, gives central bankers reason to keep tapping the monetary policy brake.

Apollo's private-ETFs push to face SEC scrutiny
INVESTING ALTERNATIVES NOV 01, 2024
Apollo's private-ETFs push to face SEC scrutiny

The novel structure could add even more fuel to the $1T market for US-listed ETFs, but it's also drawing concern from experts and investor advocates.

US jobs report set to reveal temporary hit from storms, strikes
NEWS INDUSTRY NEWS NOV 01, 2024
US jobs report set to reveal temporary hit from storms, strikes

Payroll data is due Friday with unemployment expected to be stable.

Bond traders await data for new Fed rates signal
NEWS INDUSTRY NEWS NOV 01, 2024
Bond traders await data for new Fed rates signal

Treasuries have been under pressure over recent weeks.

Amazon results beat expectations, outlook positive
NEWS INDUSTRY NEWS NOV 01, 2024
Amazon results beat expectations, outlook positive

Cloud computing, cost-cutting reassures investors.