60/40 Portfolio Set for a Quarter Worse Than 2008
By Anchalee Worrachate and Liz Capo McCormickIt's the latest sign that the hedging power of bonds continues to vanish in the inflation era, sparking wealth destruction across American pension funds.
June 17, 2022
Tech Leads Market Gains as Traders Dissect Fed RemarksMarkets are rounding off a week buffeted by interest-rate increases, including the Federal Reserve's biggest move since 1994.
June 17, 2022
These Investments Could Help Clients Rest Easier: J.P. Morgan Strategists"Your client's investment horizon is far longer than one business cycle," J.P. Morgan Asset Management's David Kelly says.
June 17, 2022
Medicare Has Problems With Seeing Race and Ethnicity: Inspector General's OfficeThe numbers for people who identify themselves as American Indian or as an Alaska Native are especially weak, officials say.
June 17, 2022
3 Scenarios That Could Trigger a U.S. Recession: EIUThe Economist Intelligence Unit doesn't expect an outright recession but warns that these events could change its forecast.
June 17, 2022
New Principal Financial General Counsel Was a Prosecutor: Executive ChangesUSAA, MetLife and PartnerRe also have personnel news.
June 17, 2022
Juneteenth, a Day for Celebration and FrustrationBlack Americans lack access to basic financial services, pay more fees, suffer various forms of predation and have little trust in financial institutions.
June 17, 2022
New Bill Would Allow Rollovers From 529 Plans to Roth IRAsThe bipartisan College Savings Recovery Act would allow unused education savings to be rolled over without penalty.