Suzanne Hutchins, a portfolio manager of the $1.5 billion Dreyfus Global Real Return Fund, gets paid to see global risks before they upend stock markets. And now, she sees lots of them -- from a potential trade war with China to impeachment talk in the U.S.
Citigroup Inc. said investment-banking chief Ray McGuire would move to a different role as part of a reorganization that aims to more seamlessly integrate the company's stock- and bond-underwriting business. Citigroup will combine its corporate and investment-banking group with its capital-markets origination business to create a new Banking, Capital Markets and Advisory division, according to a memo.
Federal Reserve Chairman Jerome Powell spoke at the Federal Reserve Bank of Kansas City's annual economic symposium in Wyoming.
Federal Reserve officials saw signs of an acceleration in wage increases, even as they voted at a meeting on Aug. 1 to hold rates steady. Many economists expect the central bank to raise borrowing costs at least once more this year, if not twice, while President Donald Trump says he's "not happy" about higher rates.
It's time to get creative in seeking relatively safe investments. Here are several top suggestions.
Let's check out the charts and indicators.
More often than not, it's when the spread goes back to positive that the real volatility picks up.