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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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.

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Reports Suggest Larry Ellison Urged Musk to "Dry Out" In Hawaii

Elon Musk's substance use has raised concerns among his colleagues and board members across his business ventures.

Powell Notes Signs Emerging of Recovery but Asks for Patience Regarding Rate Cuts

Jay Powell of Federal Reserve has called for patience from public as Fed deliberates on optimal timing for initiating reductions in interest rates.

BofA Believes Federal Reserve Had Messaging Missteps

Financial markets are currently wagering that the Federal Reserve may err in its forthcoming monetary policy adjustments, per insights from BofA.

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Drug Use by Musk, Allegedly Influencing Company Co-workers to Turn On

Musk has reportedly fostered environment within his circle of business associates and directors that pressures them to partake in drug use with him.

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