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United States

Trevor Hunnicutt

Tesla holdings slashed by T. Rowe Price funds in latest cuts by investor

Apr 17 2019

T. Rowe Price funds slashed Tesla Inc holdings in the first quarter, data showed on Wednesday, as the institutional investor continued to cut its positions in the electric vehicle maker.

Fed may need to buy more bonds than before crisis to manage U.S. rates: official

Apr 17 2019

The Federal Reserve may need to buy more government bonds than it did before the 2008 financial crisis and conduct other money-market operations to implement its current approach to managing U.S. interest rates, an official of the New York Fed said on Wednesday.

BlackRock's Fink expects 'huge' rush into underinvested stock market

Apr 16 2019

NEW YORK The U.S. economy is speeding up again after a slowdown in recent months and cash could soon start rushing into stocks as most investors are underinvested in the markets globally, BlackRock Inc's Chief Executive Larry Fink said on Tuesday.

BlackRock's Fink expects 'huge' rush into underinvested stock market

Apr 16 2019

NEW YORK The U.S. economy is speeding up again after a slowdown in recent months and cash could soon start rushing into stocks as most investors are underinvested in the markets globally, BlackRock Inc's Chief Executive Larry Fink said on Tuesday.

BlackRock's Fink expects 'huge' rush into underinvested stock market

Apr 16 2019

NEW YORK The U.S. economy is speeding up again after a slowdown in recent months and cash could soon start rushing into stocks as most investors are underinvested in the markets globally, BlackRock Inc's Chief Executive Larry Fink said on Tuesday.

BlackRock profit beats estimates as assets rebound above $6 trillion

Apr 16 2019

NEW YORK BlackRock Inc, the world's largest asset manager, reported first-quarter profit that exceeded expectations and raked in $65 billion of new investor cash as global financial markets rebounded from a volatile fourth quarter.

UPDATE 1-BlackRock's Fink expects 'huge' rush into underinvested stock market

Apr 16 2019

NEW YORK, April 16 The U.S. economy is speeding up again after a slowdown in recent months and cash could soon start rushing into stocks as most investors are underinvested in the markets globally, BlackRock Inc's Chief Executive Larry Fink said on Tuesday.

Fed's Rosengren says central bank should target an inflation range

Apr 15 2019

The U.S. Federal Reserve should shore up its ability to fight economic downturns by committing to let inflation run above 2% "in good times," a top policymaker said on Monday.

Fed should 'communicate comfort' with slightly higher inflation: Evans

Apr 15 2019

NEW YORK The U.S. Federal Reserve should embrace inflation above its target half the time and consider cutting rates if prices do not rise as fast as expected, a top policymaker at the central bank said on Monday.

RPT-As Trump pressures Powell, Wall Street gives Fed a passing grade

Apr 15 2019

SAN FRANCISCO/WASHINGTON, April 14 As President Donald Trump keeps up his attacks on the Federal Reserve's policies, Wall Street is cautiously embracing them, giving a passing grade to the Fed's communication since its shift in January to a "patient" approach on rate hikes.

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