Stock markets
World’s largest sovereign wealth fund posts record $1.4 billion annual return, driven by tech and banking rally
A view of Oslo seen from the roof of the Oslo Opera House in Oslo, Norway, on Thursday, Oct. 21, 2021. Bloomberg | Bloomberg | Getty Images Norway’s $2 trillion sovereign wealth fund posted a record $1.4 billion return in 2025, its management team said Thursday, thanks to rallying tech, financial and mining stocks. By […]
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DoubleLine’s Jeffrey Gundlach sees no more Fed rate cuts under Jerome Powell
watch now VIDEO4:0004:00 Center portfolio around dollar being secularly week even if economy weakens: DoubleLine’s Gundlach Closing Bell DoubleLine Capital CEO Jeffrey Gundlach said Wednesday he expects the Federal Reserve to stay on hold for the remainder of Jerome Powell’s term as chair with a more balanced outlook for the economy. “I think I would […]
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Powell says Cook Supreme Court case is the most important in the Fed’s 113-year history
Key Points Federal Reserve Chair Jerome Powell offered his first explanation into his controversial decision to attend Fed Governor Lisa Cook’s Supreme Court hearing. He said it was among the most important legal cases that the central bank has ever seen. Source
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Where to still find solid yields on cash as the Fed holds rate steady
The Federal Reserve ‘s decision to hold interest rates steady was good news for Americans holding cash. On Wednesday, the central bank left the federal funds rate between 3.5%-3.75%, after cutting rates by a quarter percentage point in December. “No change to the federal funds rate means borrowing costs on short-term and variable-rate loans are […]
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Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in December. Text removed from the December statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both statements. […]
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