Pimco's Sonali Pier lets her 'cautious contrarianism' speak for itself: The bets she's making now
Sonali Pier is a portfolio manager at Pimco and leads the firm's Diversified Income Fund.
Sonali Pier is a portfolio manager at Pimco and leads the firm's Diversified Income Fund.
A turbulent month for New York Community Bank has prompted some customers to pull their deposits. But most consumers do not have to worry, experts say.
AI | March 7, 2024 AIs Energy Consumption is on an Unsustainable Trajectory and Demands Urgent Efficiency Measures As artificial intelligence (AI) and machine learning (ML) technologies evolve, their energy consumption has skyrocketed, posing significant sustainability challenges. This trend, driven by the development of larger models and the quest for higher accuracy, raises concerns about
NFTs | March 7, 2024 NFT collections see a significant drop in floor prices amidst a cryptocurrency market rally, with major collections facing steep losses As pointed out by The Defiant, the Non-Fungible Token (NFT) market has witnessed a sharp decline in the floor prices of its top collections, even as cryptocurrencies like Ethereum (ETH)
Getting out of the stock market during periods of volatility may feel safer. But the math suggests investors often sacrifice big returns.
With looming tax law changes slated for after 2025, President Joe Biden or former President Donald Trump would face several expiring tax provisions.
March 7, 2024 In the contemporary era of globalization, where individuals are increasingly engaged in international transactions and endeavors, the necessity for seamless cross-border financial services has become paramount. For Canadians, conducting transactions across borders has historically been associated with cumbersome processes, high fees and long waiting times. However, with the advent of financial technology
Building wealth can be more difficult for women facing challenges such as lower wages. Here's how self-made millionaire Vivian Tu created wealth.
Women make less money than men and live longer, which can dim their odds for a financially secure retirement, experts said.
The national average credit score slipped for the first time in a decade, driven by increases in missed borrower payments, according to FICO.
With the average cost of private college education above $40,000 annually, more parents are going to work for schools as a way to qualify for discounts.
BNPL | March 5, 2024 Apple Partners with Experian to Share BNPL Data With Credit Reporting Agency On February 28, 2024, Experian announced a partnership with Apple to include "pay-in-4" Buy Now, Pay Later (BNPL) loan information from Apple Pay Later in Experian consumer credit reports to enhance transparency and responsible credit reporting in the
The CFPB finalized a rule to ban excessive credit card late fees, after finding that cardholders paid a record $130 billion in interest and fees.
Cybersecurity | March 6, 2024 FINTRAC Takes Precautionary Measures Amid Cybersecurity Threat In a proactive response to a cybersecurity incident, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has temporarily shut down some of its systems. This measure aims to protect sensitive data and maintain the integrity of Canada's financial intelligence operations. FINTRAC,
Exporting | March 6, 2024 Congratulations! Pack Your Bags... The National Crowdfunding & Fintech Association of Canada (NCFA) is happy to congratulate the selected Canadian fintechs who will participate in this years prestigious United Kingdom Fintech Canadian Technology Accelerator (CTA) program. This initiative, spearheaded by the High Commission of Canada in the United Kingdom and