Record $46 billion pulled from U.S.-based stock funds in latest week: Lipper

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

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

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

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 borrow.

DoubleLine's Gundlach says S&P 500 likely to go below February 2018 lows

Jeffrey Gundlach, chief executive of DoubleLine Capital, said Tuesday on an investor webcast that the Standard & Poor's 500 Index is likely to go below its February 2018 lows.

Struggling hedge funds cling to dollar, U.S. yield curve bets: McGeever

Hedge funds have struggled badly in 2018, but would be faring far worse were they not on the right side of two of the most reliable trades of the year: a flattening U.S. yield curve and a stronger dollar.

Wells Fargo won't be allowed to grow unless problems fixed: Fed's Powell

Wells Fargo & Co must keep a lid on its growth until the bank has hardened its risk management policies to prevent any further abuse of its customers, said Jerome Powell, chairman of the Federal Reserve.

In a tight labor market, companies bet big on five-year rewards

In the old days, longtime employees in the United States were honored with a gold watch after 30 years or so at a company.

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