April 25, 2024
Investors

What investors with $6.5 trln in cash should do while waiting for Fed rate cuts

The Federal Reserve’s pushback on expectations for interest-rate cuts over the past two weeks has investors closing watching inflation data and piling more cash into money-market funds. Investors stashed a record $6.48 trillion away in U.S. money-market funds through the end of January, with the balance growing as euphoria in December over a Fed policy

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Property

Texas has $8b in unclaimed property; how to find out if you have unclaimed cash

MCLENNAN COUNTY, Texas — Texas has about $8 billion in unclaimed property dating back to 1986. Last year, the Texas comptroller returned more than $340 million in funds, and they plan to have more returns this year. One Waco man found he has more then $200 in unclaimed cash To get a claim, you can

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Funds

Opinion: Deals of the year: Companies offer big discounts to raise funds

Retailers wait until Boxing Day to slash prices. Not investment banks. Dealers that raise the money Corporate Canada needs to pay for takeovers have been selling stock at bargain-basement prices all year long to get deals done. Rising interest rates and economic uncertainty have upset what had been a sweet, decade-long run for Bay Street’s

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