Investors in this allocation could find themselves suffering declines in both the equities and fixed income sides of their portfolios.
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Inflation and an aggressive Fed could mean investors should rethink the traditional 60/40 portfolio
World
Novartis shells out $2 billion for immunology biotech Excellergy, in second multi-billion dollar deal in a week
A sign of Swiss pharmaceutical giant Novartis is seen on the top of a building at Novartis Campus in Basel, northern Switzerland, on Sept. 9, 2025. Fabrice Coffrini | AFP | Getty Images Novartis is planning to buy U.S.-based biotech Excellergy for up to $2 billion, betting on a next-generation allergy treatment that may prove […]
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World
U.S. ambassador to EU: Stop fining Big Tech
The European Union needs to dial back regulation of U.S. big tech companies if it wants to be part of the AI economy, the U.S. ambassador to the EU Andrew Puzder told CNBC on Friday. “If the European Union is going to participate in the AI economy…They’re going to need data centers, data and access […]
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World
European stocks fall as Trump extends Iran strike hiatus and G7 ministers meet
Lightning occurs when META 4, an Oil Products Tanker, sails into Muscat Anchorage on March 21, 2026 at Sultan Qaboos Port in Muscat, Oman. Elke Scholiers | Getty Images European stocks fell on Friday after U.S. President Donald Trump extended the ongoing hiatus of attacks on Iran’s energy infrastructure. Shortly after the opening bell, the […]
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