The relentless rise in government bond yields in the United States and around the world may represent the “new normal” for both investors and companies.
While the easing is welcome after months of elevated readings, a series of subdued readings would be needed to convince Fed officials that they are again making adequate progress on inflation.
A federal judge in Texas ruled that the company violated its ERISA duties by not focusing “on the best financial benefit” for its 401(k) plan—the biggest victory yet in a case involving ESG investing.
Even as short-term interest rates fall, long-term rates are rising globally due to uncertainty around Trump’s tariff threats, according to the IMF managing director.
“Issuers are taking advantage of calm markets, low volatility, and tight spreads before Trump’s tariffs might spoil the party. ... For a record amount of issuance, there must also be a large amount of investors ready to put money at work. This is indeed the case.”
At the FOMC’s December meeting, “some participants stated that there was merit in keeping the target range for the federal funds rate unchanged,” minutes show.
Ex-employees are suing Verizon, as well as State Street Global Advisors, which served as the “independent fiduciary” in putting together the deal to manage the pensions of 56,000 retirees.
The fast food company is joining a growing list of employers, including Walmart and Boeing, that are re-evaluating their diversity, equity, and inclusion policies, while Costco is doubling down on DEI.