Money Market Funds Swell
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Strong Labor Market Steadied Social Security and Medicare Funds
The social safety net programs continue to face long-term shortfalls as lawmakers wrestle over changes.The New York Times - Business -
Berkshire Hathaway operating earnings soar 39% as Buffett's cash hoard swells to record $188 billion
Berkshire Hathaway reported a huge year-over-year increase in operating earnings in the first quarter, while its cash holdings bubbled to record levels.CNBC - Business -
'A lot of money on the sidelines': Calamos Investments thinks ETFs should target CD, money market customers
There may be an untapped market for exchange-traded funds.CNBC - Business -
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 -
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