Seeing the forest through the trees is important, but this timber/forestry ETF leaves a lot to be desired.When assessing leaders and laggards among global exchange-traded funds (ETFs), it pays to know what constitutes "global" in the ETF landscape. It's a fund that holds both domestic and foreign assets. That means a global ETF differs from an international counterpart because the international product excludes U.S. securities.With that housekeeping item out of the way, it's accurate to say basic beta globa ...

Buckle up, kiddos. And keep your wallets and portfolios close. The Federal Reserve heads into 2026 swirling in a messy mix of economic pressures and political uncertainties. While the actual impact on interest rates remains to be seen, there is little doubt the takeaways from the December meeting of the Federal Open Market Committee are ripe with concerns about the turgid tensions in inflation rates and the job market. Plus, there’s the Shakespearean drama engulfing the replacement of Jerome Powell when ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Developing nations risk losing their financial sovereignty as stablecoin adoption grows, the International Monetary Fund has warned. Stablecoin adoption could lead to “currency substitution,” the IMF said in a report last week, adding that it could reduce the ability of central banks to manage monetary policy. The IMF said developing countries with unstable currencies and high inflation were particularly ...

Key TakeawaysUS bank deposits declined by nearly $50 billion in the past week, signaling a shift in financial flows.Federal Reserve Governor Mary Daly publicly supported the recent interest rate cut, acknowledging the difficult balance between controlling inflation and preventing a faltering job market.Ryanair (RYAAY) CEO Michael O'Leary announced plans to transition leadership by 2035, aiming for a "nicer" successor.US bank deposits saw a notable decrease, falling to $18.479 trillion from $18.528 trillion ...

Kevin Warsh, former governor of the US Federal Reserve, speaks with CNBC on July 17, 2025.President Donald Trump said Friday that Kevin Warsh has moved to the top of his list as the next Federal Reserve chair, according to the Wall Street Journal.Previously considered on Trump's short list but not the favorite, Warsh, a former Fed governor himself, apparently ingratiated himself further following an interview Wednesday with the president."Yes, I think he is," Trump told the paper, according to an account po ...

Cleveland Fed President Beth Hammack said, "I would prefer for the Fed to be on a slightly more restrictive stance to help continue to put pressure" on the inflation side of its mandate.Kansas City Fed President Jeff Schmid said he dissented against the FOMC's decision to cut interest rates on Wednesday and prefers to keep policy "modestly restrictive" because inflation remains too high and the economy continues to show momentum.Chicago Fed President Austan Goolsbee, who voted against a Fed rate cut on Wedn ...

>> FROM NEW YORK CITY, I AM MATT MILLER AND BLOOMBERG REAL YIELD STARTS RIGHT NOW. COMING UP, THE FEDERAL RESERVE CUTS RATES FOR ITS THIRD CONSECUTIVE TIME THIS YEAR DESPITE GROWING DISSENT, WHILE COMMITTING TO PURCHASE $40 BILLION OF TREASURY BILLS FORM -- PER MONTH IN A SHORT-TERM FUNDING COST AND THE CREDIT RISK SURGES TO A FRESH 16 YEAR HIGH AS AI SPENDING FATIGUE HITS THE MARKETS. WE BEGIN WITH THE BIG ISSUE, THE NEXT STEPS FOR A DIVIDED FED. >> I WAS HOPING FOR A FED THAT WAS MORE DIVIDED.>> THERE COU ...

By Michael S. Derby NEW YORK, Dec 12 (Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack said Friday that given her own take on the economy she would prefer monetary ​policy to be tighter than it is currently. The Fed’s rate cut this week along with past ‌easings this year has interest rate policy “right around a neutral” level, Hammack said at an event in Cincinnati. “I would prefer to be ‌on a slightly more restrictive stance” to help put more pressure on inflation levels that are too ...

Federal Reserve Bank of Philadelphia President Anna Paulson said Friday her main concern right now is the state of the job market, in remarks that also said the current state of monetary policy should help bring down inflation to the Fed's 2% target. ...

By Michael S. Derby NEW YORK, Dec 12 (Reuters) - Federal Reserve Bank of Philadelphia President Anna Paulson said Friday her main concern right now is the state of ​the job market, in remarks that also said the current state of monetary ‌policy should help bring down inflation to the Fed’s 2% target. “On net, I am still a little more concerned ‌about labor market weakness than about upside risks to inflation,” Paulson said in a speech prepared for a gathering held by the Delaware State Chamber of Commer ...