LATEST NEWS FROM money - money
AEROSPACE AND DEFENSE
U.S. fund managers brace for trade war with focus on pricing power
Investors' fears of an all-out trade war between the United States and China is prompting U.S. stock fund managers to hunt for companies that can easily pass on higher costs to ...
FINANCE-BANKS
Wells Fargo agrees to pay $1 billion to settle customer abuses
Wells Fargo & Co will pay $1 billion to settle with U.S. regulators who say the bank wrongly layered insurance on hundreds of thousands of drivers and routinely hit homebuyers w...
MONEY
Firearms companies widely held in ETFs and funds: research firm
An estimated 24 percent of the world's exchange-traded funds and 15 percent of mutual funds have holdings in firearms companies, researcher Sustainalytics said in a report on Th...
MONEY
Jane Rosenthal lives life on the Hollywood high wire
Movie producers do not turn into household names as often as actors and directors, but Jane Rosenthal leapt to that level, and not just for her feature film projects. Pe...
MONEY
Your money: Women who retire early can miss out
Women have a math problem when it comes to retirement: On average, they retire two years earlier than men but they live five years longer. The obvious solution is to mak...
MONEY
UBS to lead European cross-border business from Switzerland
UBS will centralize its European cross-border wealth management business and run it out of Switzerland from June, the latest step within a series of reshuffles since merging its...
MONEY
Goldman says jitters about U.S. yield inversion 'overblown'
Goldman Sachs analysts said on Thursday concerns about a U.S. yield curve inversion among traders as an omen of a looming recession are "overblown," though an inversion is often...
FINANCE-BANKS
SEC proposes rule to combat conflicted investment advice
The U.S. Securities and Exchange Commission on Wednesday proposed a new rule that would require brokers at firms like Morgan Stanley (MS.N) and M...
MONEY
Cboe blasts 'draconian' plan to test banning stock exchange rebates
A plan by U.S. regulators to test banning the rebates stock exchanges pay to brokers that provide liquidity, in an effort to reduce potential conflicts of interest, will ultimat...
MONEY