Top BlackRock portfolio manager turning to safe-haven assets

One of the portfolio managers behind BlackRock’s largest mutual fund says his team has been buying safe-haven assets such as gold and Treasurys to protect from “known unknowns” in global politics. “There is a little political risk creeping back...

Top BlackRock portfolio manager turning to safe-haven assets

One of the portfolio managers behind BlackRock’s largest mutual fund says his team has been buying safe-haven assets such as gold and Treasurys to protect from “known unknowns” in global politics. “There is a little political risk creeping back...

Connecticut Gov. Malloy says will not seek re-election in 2018

Connecticut Governor Dannel Malloy said on Thursday that he will not seek re-election in 2018, choosing to step down at the end of his second term in office. “I am today announcing that I will not seek a third term as governor,” Malloy, a Democrat, said at...

Trump signs bill allowing states to block some Planned Parenthood money

President Donald Trump has signed legislation that lets states withhold federal family planning funds from Planned Parenthood and other abortion providers. Trump’s action erases a rule that was finalized shortly before President Barack Obama left office in...

Risk of miscalculation on Korean Peninsula could unleash fatal consequences

Rising tensions between Pyongyang and Washington, D.C., are sounding the alarm about the dangers of mistakes or miscalculation on both sides, which could lead to military action. The U.S. military announced on Sunday it had dispatched a carrier strike force group led...

Unilever picks Morgan Stanley and Goldman to sell spreads business: Sources

Anglo-Dutch consumer group Unilever has decided to work with Morgan Stanley and Goldman Sachs on the sale of its margarine and spreads business, which was announced last week, sources told Reuters on Thursday. The sale, which could fetch as much as 6 billion pounds...