End of Summer Pool Party: CFTC Approves Final Rule Amending 4.7 Regulatory Relief for CPOs and CTAs

On 12 September 2024, the Commodity Futures Trading Commission (CFTC) published a Final Rule impacting registered commodity pool operators (CPOs) and commodity trading advisors (CTAs) relying on the regulatory relief provided under…

Why I’m not doing anything to cope with lower interest rates

How should a retail investor deal with Wednesday’s interest rate cut by the Federal Reserve and with the future rate cuts that seem to be on the horizon? What I…

It’s harder than it seems to get us to make good money choices

A popular way to help people with their finances is by gently prodding them to make better decisions. There are automatic payments on credit cards and auto-enrollment in 401(k) plans.…

Charting the Global Economy: Fed Goes for Big Rate Cut as BOE Holds

(Bloomberg) — The Federal Reserve kicked off its campaign to lower interest rates with a larger-than-typical half percentage-point cut, while the Bank of England decided against a second consecutive reduction.…

Sri Lankans vote in a presidential election that will decide how it recovers from economic crisis

COLOMBO, Sri Lanka (AP) — Sri Lankans began voting Saturday in a presidential election that will determine the course of the country's recovery from its worst economic crisis and resulting…

Ozempic: GLP-1 Drugs May Help Prevent 34,000 Heart Attacks and Strokes Per Year

GLP-1s, the class of drugs including Ozempic and Mounjaro, treat diabetes and obesity, but some have also shown significant cardiovascular benefits. Millions of Americans might benefit from taking GLP-1 drugs…

Silicon Valley Investors Rejoice at Fed’s Interest Rate Cut

(Bloomberg) — Wall Street rejoiced over this week’s interest rate cuts, but there’s another investor class that was just as enthusiastic: venture capitalists. Most Read from Bloomberg The tech correction…

MrBeast, Logan Paul and KSI Launch Lunchables Competitor They Claim Is ‘Healthy’: What Nutritionists Think

MrBeast, Logan Paul, and KSI have introduced a new meal kit called Lunchly. It includes a Feastables bar, a Prime hydration drink, and one of three entree choices. They claim…

Law Firm Bonus Strategies: A Guide to Compensating Attorneys

Compensating attorneys effectively is a combination of art and science. A well-structured bonus plan is integral to most law firms’ overall compensation strategy, playing a key role in retaining talent,…

Emerging-Market Currencies Fluctuate as Post-Fed Euphoria Dims

(Bloomberg) — Emerging-market currencies oscillated between gains and losses as the risk-on sentiment following the Federal Reserve’s half-point rate cut faltered. Most Read from Bloomberg The MSCI gauge for developing-market…