News

'Bonds are back' as markets enter a 'new paradigm,' says HSBC Asset Management

Markets have entered a "new paradigm" as the global order fragments, while heightened recession risk means "bonds are back," according to HSBC Asset Management.

DoubleLine’s Jeffrey Gundlach says 10-year Treasury yield will fall to 3% next year

"I think we're still going to have bonds rallying," Gundlach said." "We will see the 10-year Treasury yield in the low threes sometime next year."

Fed lowers inflation forecast for 2024, seeing core PCE falling to 2.4%

The Federal Reserve dialed back its inflation projection on Wednesday, seeing its favorite gauge falling to 2.4% in 2024.

Fed holds rates steady, indicates three cuts coming in 2024

The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table for multiple cuts to come in 2024 and beyond.

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.

Bank of England set to hold interest rates as economists debate 2024 cuts

The market is pricing an almost 100% chance of a hold on Thursday, but when the first rate cut will come remains a hot topic.

$4.7 billion European fintech firm Pleo appoints new CFO, pointing to IPO hopes

Danish fintech firm Pleo has appointed a new CFO, the company told CNBC, beefing up its executive team in a sign it's readying itself for an eventual IPO.

Here's everything the Fed is expected to do Wednesday

This week's Federal Reserve meeting is likely to mark a substantial turning point for policymakers.

Gen Z, millennials say money talks should happen before the relationship gets serious, study finds

While most Americans agree couples should talk about money before living together, younger generations believe the conversation should happen earlier.

Here's the inflation breakdown for November 2023 — in one chart

Lower gasoline prices helped the consumer price index edge downward, to 3.1% in November.

Hargreaves Lansdown, AJ Bell shares sink as UK regulator warns on charges

Hargreaves Lansdown and AJ Bell saw their shares plunge after a U.K. regulator warned that it may intervene on fees and interest charges.

India overtakes Hong Kong to become the world's seventh largest stock market

India has been a standout market this year in the Asia-Pacific region, while Hong Kong is the worst performer among the region's major equity markets.
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