Cart

0

Economy

“Dutch Pension Funds Send Shockwaves Through Euro Swap Market”

“Dutch pension funds are plowing cash into long-dated swap contracts, according to strategists, upending one of this year’s most popular trades. The funds, by far the region’s largest with more than €1.5 trillion in assets, are likely bidding up the… Continue Reading…

Economy

“Chicago Pension Debt Rises to $35 Billion as Mayor Hunts for Fix”

“Chicago’s pension burden climbed last year after the city’s retirement funds lost money due to volatile markets, deepening the long-standing fiscal woes for new Mayor Brandon Johnson… The amount the city owes to its four pensions that pay benefits to… Continue Reading…

Economy

“U.S. Pension Funds Could Be In Danger”

“EDITOR’S NOTE: How safe are your pension funds, really? If you’re in the retirement red zone, you may be facing a triple threat: not only is your pension fund at risk, but whatever you receive from your fund is likely going to… Continue Reading…

Business, Stocks

“GE to freeze pensions for about 20,000 employees, stock surges”

” Shares of General Electric Co. GE, -0.82% surged 2.6% in premarket trading Monday, after the industrial conglomerate said it was freezing the U.S. pension plan for about 20,000 employees with salaried benefits, and supplementary pension benefits for 700 employees….  GE’s stock has… Continue Reading…