Pimco CIO Sees Risk of Fed Hiking Rates Due to Iran War, FT Says

(Bloomberg) - The war in Iran may lead the Federal Reserve to further delay interest-rate cuts and instead raise rates, Pimco Chief Investment Officer Dan Ivascyn told the Financial Times.The bond powerhouse’s CIO said surging energy prices tied to Iran’s closing of the Strait of Hormuz create a new challenge for US policymakers who have struggled to bring inflation down to the central bank’s 2% target, the FT reported, citing an interview.

Featured

Pimco CIO Sees Risk of Fed Hiking Rates Due to Iran War, FT Says

(Bloomberg) - The war in Iran may lead the Federal Reserve to further delay interest-rate cuts and instead raise rates, Pimco Chief Investment Officer Dan Ivascyn told the Financial Times.

Teen Investors Have Time on Their Side

I never invested a dime until I was 25, when I enrolled in a 401(k) plan for the first time.Today’s teens are way ahead.

Wall Street Bankers On Pace For Big Pay Bumps In 2026 Amid AI Gold Rush

(Yahoo! Finance) - As the AI boom spurs activity across almost every corner of Wall Street, bankers are coming out on top in compensation hikes.

Recent

Goldman Sachs Says Stock Picking Becoming Harder, But Tesla, Twitter And Etsy Have Potential. Here’s Why

The combination of historic highs and steadily falling volatility is making stock picking more difficult than ever.

Elon Musk’s Fortune Falls Nearly $6 Billion After Tesla Crash Leaves Two Dead

Musk saw his net worth fall, as shares of his electric car company dropped following reports that two people died in a fatal Tesla crash

The Trust Advisor

Gucci heirs worry over family depiction in Ridley Scott film

The great-grandchildren of Guccio Gucci are appealing to Scott to respect their family's legacy in a new film that focuses on a sensational murder.

The Trust Advisor

Pending legislation to watch: Proposed changes upend estate planning

The U.S. Congress is off to a roaring start on spending and tax legislation.

Popular

RIA Knowledgebase

What Everyone Is Missing About Mamdani’s Plan To Tax Ken Griffin’s $238 Million Penthouse

Washington Wire

Stock Trader’s Guide to Navigating High Stakes Trump-Xi Talks

Companies

JPMorgan Is Signaling A Notable Strategic Shift To Engage The Next Investor Generation

The Trust Advisor

Shareholder of Delfin Buys Out Siblings

FundFocus

Global Oil Stocks Are Approaching Their Lowest Level In Eight Years Says Goldman Sachs