Funding Remains
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Stock Funds Fell 5% in April
Month’s pullback still leaves performance in the green so far in 2024. Also: A flashback to the 40th anniversary of the Continental Illinois banking crisis.The Wall Street Journal - World -
German Factory Orders Remain Sluggish
German manufacturing orders fell unexpectedly in March, a reflection that an industrial rebound in Europe’s largest economy might have to wait.The Wall Street Journal - World - Germany -
Mortgage-bond funds haul in billions in April
Investors are piling into mortgage bonds as the Federal Reserve looks to exitMarketWatch - Business -
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Illinois's Plan to Fund Public Universities on the Basis of Race
Schools with abysmal graduation rates would get more money simply for enrolling minorities.The Wall Street Journal - World