Norway's sovereign wealth fund, managing $2.3 trillion, proposes reducing its government bond allocation from 70% to 50%, mainly cutting U.S. Treasury holdings from 34.1% to 21.9%. This shift aims to diversify risk and seek higher returns by increasing investments in other U.S. bonds, mortgage-backed securities, and Japanese government bonds. The fund's leaders highlight that mortgage-backed securities could reduce volatility during crises, complementing equities and government bonds. This move comes amid rising U.S. Treasury yields and concerns over fiscal sustainability, signaling a shift in traditional bond-buying patterns.
Warren Buffett has stepped down as chairman of Berkshire Hathaway after leading the company for 61 years and delivering an impressive annual return of 19.7%. This marks the end of an era for the investment giant, raising questions about the future le...
FirstEnergy Corp. will announce its financial results for the third quarter of 2026 after market close on October 27. The company's management will discuss the results during a conference call with financial analysts on October 28 at 9 a.m. EDT, foll...
ScamDaddy dismissed recent bullish claims that XRP could experience a 300% daily price increase or reach $1,000 within the year. Historical data shows XRP's largest daily gain was about 174% in 2017, far below the 300% surge suggested. Achieving $1,0...
A holder deposited 71,000 Hyperliquid (HYPE) tokens to a trading platform at about $91.26 each, valuing the transfer at roughly $6.48 million. This follows a previous withdrawal of 142,834.56 HYPE tokens on September 4 at $86.15 each, worth about $12...
Crypto markets saw a 3-4% rally with Bitcoin reaching $86,400 amid cooling oil and bond prices. The SEC proposed new rules allowing investment advisers and funds to hold crypto directly, including self-custody when no custodian is available. Meanwhil...
