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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.

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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.

Global Equity Funds Extend Their Winning Streak To Seven Consecutive Weeks

Global equity funds extended their winning streak to seven consecutive weeks through May 6, supported by stronger-than-expected first-quarter corporate earnings and improving geopolitical sentiment tied to potential progress in U.S.-Iran n

Quarterly To Semiannual Reporting Could Reshape The Investment Landscape

The SEC’s proposal to allow public companies to shift from quarterly to semiannual reporting could significantly reshape the investment landscape, with meaningful implications for wealth advisors, RIAs, and long-term portfolio management s