Why billionaire investor Ray Dalio hates cash and bonds, and says the election won’t change his view on the economy

2020-10-28

  Ray Dalio, the founder, chairman and co-chief investment officer of the world’s largest hedge fund firm, Bridgewater Associates, has had a rough 2020. Bridgewater’s flagship fund has been deeply negative, even as rival hedge funds managed to outperform the market, particularly during the initial turmoil from the coronavirus pandemic.Read More →

Gap stock jumps on news it will not spin off Old Navy

2020-01-16

Gap Inc. stock rallied in the extended session Thursday after the retailer backtracked from its plan to spin off its Old Navy brand. Gap GPS, +3.85%  shares rose as much as 9% in after-hours trading after ending the regular trading day up 3.9%. Mounting costs and a softer business performanceRead More →

Who was Qassem Soleimani, and why is his death a major development in U.S.-Middle East relations?

2020-01-02

Qassem Soleimani, leader of the foreign wing of Iran’s Islamic Revolutionary Guard Corps, was killed in a U.S. airstrike at Baghdad’s international airport Friday, local time, escalating long-brewing animosities between Tehran and Washington. President Donald Trump authorized the airstrike that killed Soleimani, a top Iranian general who is considered oneRead More →

Treasury yields climb after China-U.S. trade truce

2019-07-01

Treasury yields rose Monday after a meeting between President Donald Trump and Chinese leader Xi Jinping over the weekend led to a temporary cessation of trade hostilities between the two parties. What’s driving Treasurys? The 10-year Treasury note yield TMUBMUSD10Y, +1.03% rose 3.2 basis points to 2.033%, while the two-yearRead More →