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Investors sell record $39 billion of stocks in past week: BAML
on December 14, 2018 at 3:40 pm
Investors cashed out of equity funds at a record pace over the past week, with redemptions hitting $39 billion, Bank of America Merrill Lynch (BAML) said on Friday. […]
Record $46 billion pulled from U.S.-based stock funds in latest week: Lipper
on December 14, 2018 at 12:30 am
Record cash streamed out of U.S.-based stock funds and billions more fled bonds in a week of apparently escalated caution, Lipper data showed on Thursday. […]
Standard Chartered axes over 200 jobs in India: source
on December 13, 2018 at 7:08 pm
Standard Chartered Plc has laid off over 200 employees in India in its retail banking division, as more customers move to digital services, a person familiar with the matter told Reuters on Thursday. […]
A higher Social Security retirement age comes with risks for many workers
on December 13, 2018 at 4:56 pm
Is it time to raise the Social Security retirement age? The idea crops up often as a partial fix for the long-term financial challenges facing the program. […]
U.S. fund investors compound pain for bond markets
on December 12, 2018 at 5:46 pm
U.S. fund investors sold more bonds in December's opening days, the Investment Company Institute (ICI) said on Wednesday, putting even more of a chill on markets where companies and governments... […]