Money Market Funds Touch
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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 -
Macron Hosts Xi Jinping, China’s President, in the French Pyrenees
The French president took Xi Jinping to his childhood haunts high in the Pyrenees, hoping to forge a bond. If only the weather had cooperated.The New York Times - World - China -
People have had enough of 'out-of-touch' government - Lib Dems leader
Liberal Democrats leader Sir Ed Davey says the election results show it is time for change.BBC News - Top stories -
How to become a Napa Valley wine mogul without ever touching a vine
The path to success is paved with management companies and consultantsFinancial Times - 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 -
Oil prices touch lowest levels since mid-March as Russia signals OPEC+ output rise possible
Oil futures finish modestly lower Tuesday as Russia indicates OPEC+ could consider raising crude output and Israel rejects a Gaza cease-fire proposal.MarketWatch - Business - Russia -
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