This high-yield bond fund with ‘conservative’ assets offers 10% in yield
One bond fund manager predicted that his fund was well-positioned despite forecasting a “deterioration in credit” for the wider economy in the near future.
Asia-Pacific markets largely rise as more U.S. inflation data comes in softer than expected
The producer price index in the U.S., which measures what wholesalers pay for goods, rose 0.1% in June.
‘Undeniably vast’ opportunity: Bank of America names generative A.I. global ‘winners’
Bank of America described the AI opportunity within the software industry as “undeniably vast” and ranked European companies in the sector.
Australia picks Michele Bullock as next central bank governor, making her the first woman to lead the RBA
Bullock, currently deputy governor of the central bank, will be the first woman to lead the Australian central bank in its 63-year history.
Singapore avoids technical recession as economy grows 0.7% year-on-year in second quarter
Earlier this month, the Monetary Authority of Singapore warned of an “uncertain” growth outlook.
CNBC Daily Open: The S&P 500 can hit a record high
Two days of cooler-than-expected inflation data juiced markets, giving major indexes their fourth day of gains in a row.
WHO says soda sweetener aspartame may cause cancer, but it’s safe within limits
The International Agency for Research on Cancer identified a possible link between aspartame and a type of liver cancer called hepatocellular carcinoma.
Dow closes 100 points higher Friday on solid earnings, registers best week since March: Live updates
The 30-stock Dow ticked higher as strong earnings results from some of the biggest banks and companies kicked off earnings season.
This is the No. 1 trap long-term relationships fall into, marriage psychologist says: ‘I very commonly see people using false logic’
In long-term relationships, it’s very common for people to link their unhappiness to their partner’s actions. This is “false logic,” one psychologist says.
Meta Threads engagement has dropped off since red-hot debut, tracking firms say
Facebook’s Twitter-killer, Threads, has seen drops in daily active users and time spent on app, according to SensorTower and SimilarWeb.
