Category: Uncategorized
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Sector Update: Energy Stocks Decline Thursday Afternoon
Energy stocks were lower Thursday afternoon, with the NYSE Energy Sector Index down 0.1% and the Sta PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles. Upgrade Already have a subscription? Sign in
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Dow jumps 580 points as Fed signals no immediate rate hike
U.S. financial markets reacted positively on Thursday as the Dow Jones Industrial Average surged 580 points. This movement coincided with a decline in Treasury yields and oil prices following remarks from Federal Reserve Governor Christopher Waller. Waller indicated a preference for maintaining current interest rates, provided inflation data remains favorable. This announcement appears to have…
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Middle-market employers are finally warming to pooled retirement plans
“The conversation has evolved well beyond investments,” he said. “Historically, many employers viewed retirement plan advisors primarily through the lens of investment oversight. Today, fiduciary risk management, governance, cybersecurity, participant outcomes, fee reasonableness, and operational compliance are often taking center stage.”
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Mutual fund expense ratio gaps: Which diversified and sectoral equity funds cost investors the most — and least?
When you invest in a mutual fund, the fund house incurs costs such as management fees, administrative expenses, transaction costs, and others. These are collectively reflected in the Total Expense Ratio (TER). The expense is deducted from the scheme’s assets and is reflected in its daily NAV. In other words, a higher expense ratio can…
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Companies confront ‘trade down’ economy
US economic data may still be humming along, but consumer companies like Nespresso say they’ve had to try harder to convince shoppers to pony up hundreds of dollars for coffee makers. “We really know about our consumers that they’re facing pressure and impact on their wallets as gas prices rise,” said Nespresso’s US marketing chief…
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Canadian Prime Minister Mark Carney says US needs to stop 'trying to be tough' and 'doing memes' in trade war
Canadian Prime Minister Mark Carney said that trade negotiations between the U.S. and Canada, which he suspended on Aug. 21, will only resume “when the Americans stop doing memes, stop throwing shade, stop trying to be tough.” Credit: Reuters. Canadian Prime Minister Mark Carney said that trade negotiations between the U.S. and Canada, which he…
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Beshear says trade war with Canada is impacting KY’s bourbon, coal industries
Kentucky Gov. Andy Beshear has asked President Donald Trump to end the trade war with Canada that is impacting some of the state’s most prominent industries. On Aug. 22, Trump issued a 50% tariff on $27.6 billion of Canadian goods. The country’s northern neighbors retaliated by issuing a similar tariff that will go into effect…
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The Missing Piece of Retirement Planning: Why Guidance Matters More Than Ever
KING OF PRUSSIA, PA / ACCESS Newswire / September 3, 2026 / For decades, Americans have embraced employer-sponsored retirement plans as the cornerstone of their retirement savings. Whether it’s a 401(k), 403(b), 457 plan, or the federal government’s Thrift Savings Plan (TSP), these accounts have helped millions of workers accumulate the assets they’ll eventually depend…
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Bernie Sanders Sounds Alarm on ‘Rigged’ US Economy Amid Growing Wealth Inequality, Says Elon Musk Is Richer Than Half of American Households
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Sen. Bernie Sanders (I-Vt.) said America’s growing wealth gap shows what a “rigged economy” looks like, pointing to Tesla Inc. and Space Exploration Technologies Corp. CEO Elon Musk’s fortune as evidence of increasingly concentrated wealth. Sanders Slams US…
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Federal Reserve’s Waller urges patience, says ‘give disinflation a chance’
Federal Reserve Governor Christopher Waller wants his colleagues to take a breath before reaching for the rate-hike lever again. Speaking on September 3, Waller signaled he’s inclined to keep the federal funds rate parked at its current 3.5% to 3.75% range at the upcoming FOMC meeting, arguing that recent inflation data deserves time to play…