NEW YORK (AP) — After years of sticking with plain-vanilla bond funds, investors are starting to turn their backs on them and opt for stocks instead. The move isn’t big enough to be the “great rotation” from bonds to stocks that many experts predicted — it’s more of a good rotation — but fund managers say more is on the way.
Posts Tagged Financial services
TAOS, N.M. (AP) — One of New Mexico’s top ski areas has been sold.
WASHINGTON (AP) — U.S. regulators have approved a rule that seeks to defuse the kind of risk-taking on Wall Street that helped trigger the 2008 financial crisis.
SAN FRANCISCO (AP) — The startup is housed in a garage-like space in San Francisco’s tech-heavy South of Market neighborhood, but it isn’t like most of its neighbors that develop software, websites and mobile-phone apps. Its mission is to find plant replacements for eggs.
MIAMI (AP) — When insurance agent Kelly Fristoe recently spent 30 minutes helping a client pick a mid-level health plan and the federal marketplace website froze, he called the government’s hotline and tried to finish the application. But the operator refused to credit Fristoe as an agent on the application, meaning he wouldn’t get the commission or be listed as the follow-up contact if his client needed help again later.