Economics

Economics

Saudi Arabia’s Sovereign Wealth Fund is Homeward Bound

Photo by Vadim Nefedov via iStock

Saudi Arabia’s Public Investment Fund (PIF) signaled on Tuesday that it’s dialing down its investments outside the kingdom’s borders.

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Photo by Stephan Behnes via iStock

International Economics

IMF Worries State of ‘Not Good Enough’ Will Follow Rate Cuts and a Soft Landing

Of 12 major developed-market central banks, eight are in rate-cutting mode, with Australia, Norway, Japan, and Taiwan the odd men out.

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Image Credit: iStock, BackyardProductions

Inflation & Prices

CVS Names New CEO Amid Uncertain Retail Pharmacy Landscape

The leadership change comes as the retail pharmacy industry faces thin profit margins, store closures, and layoffs.

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Photos by Ikechukwu Julius Ugwu and Nick Sarvari via Unsplash, Daveynin via CC BY 2.0, and Michael Vi via iStock

Advisor Upside

Big Brokers Beat Estimates in Strong Start to Earnings Season

JPMorgan Chase and Wells Fargo, among other banks and asset managers, beat analysts’ expectations in the third quarter.

1 min read

International Economics

The UK and Macau are Rethinking Their Gambling Economies in Different Ways

Photo by Javon Swaby via Pexels

UK officials are reportedly weighing hiking taxes on gambling, and Macau continues to wean itself off the industry.

2 min read

Advisor Upside

Sen. Warren Blasts Advice Industry Over ‘Kickbacks’

Photo by Gage Skidmore via CC BY-SA 2.0

Conflicts of interest may be costing retirement savers $5 billion a year in fixed-index annuities, an investigation found.

2 min read

Real Estate

Zillow Adds Climate Risks to Home Listings

Photo by Eric Hamiter via CC BY-SA 2.0

Zillow will be adding climate risk scores and insurance information to for-sale listings on its online marketplace.

1 min read

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