Once-hot Wall Street funds unravel fast with no one to save

In the grip of the tariff fallout, 90 of the top 100 best-performing exchange-traded funds of last year are down in 2025, with an average loss of 13%, according to Bloomberg Intelligence. At the same time, dormant trades of all sorts have staged a comeback: Nine of the 20 worst-performing equity mutual funds of 2024 […]

Jerome Powell shows why Fed Reserve’s independence matters in a turbulent US

Jerome Powell is openly challenging President Trump’s economic policies and defending the Federal Reserve’s independence. Powell criticized tariffs as harmful to the economy and asserted the Fed would not bow to political pressure. Trump swiftly responded, reiterating his desire to replace Powell, highlighting the ongoing tension over monetary policy and the Fed’s autonomy.

Nippon MF portal yet to be restored after cyber attack

Nippon Mutual Fund has assets of ₹5.5 lakh crore under management, and a large retail base. Investors cannot make any fresh financial transaction – a purchase, redemption, or starting a new SIP (Systematic Investment Plan) or SWP (Systematic Withdrawal Plan) through the website now.

Investors should cut US positions, favour Europe, China, India: Wood

The US Treasury is considered among the world’s top safe-haven assets, as investors usually pile up these American government bonds in times of crisis as part of their shift to safety. The purchases lead to a fall in yields on the US Treasury and the dollar strengthening.

PhonePe converts to public company ahead of planned IPO

As part of the transition, the firm has also changed its name from “PhonePe Private Limited” to “PhonePe Limited.” Walmart chief executive officer Doug McMillon on February 20 announced that PhonePe had begun preparations for a potential listing on Indian stock exchanges, though he did not specify a timeline.