: Conservative investors should consider exploring options beyond high-yield savings accounts

Investors who are cautious and are sticking with cash may want to consider alternative options. According to Matthew Bartolini, the managing director and research head of SPDR Exchange Traded Funds, active management can provide stability and income, as well as create more opportunities for upside. Bartolini shared these insights with CNBC’s “ETF Edge” this week,…

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Ray Dalio predicts that the United States is approaching a stage where its debt problem will only worsen

Bridgewater Founder Ray Dalio Warns U.S. Debt Nearing ‘Inflection Point’ In a recent appearance on CNBC’s “Squawk Box,” Ray Dalio, the founder of Bridgewater Associates, issued a warning about the escalating U.S. government debt. Dalio emphasized that the mounting debt could lead to bigger economic, political, and social problems for the country. The U.S. currently…

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World’s largest bank, ICBC, suffers ransomware cyberattack

The U.S. division of Chinese bank ICBC hit by cyberattack The U.S. financial services division of the Industrial & Commercial Bank of China (ICBC) was targeted in a cyberattack that reportedly disrupted the trading of Treasurys. ICBC, which is the world’s largest lender by assets, confirmed that its financial services arm experienced a ransomware attack,…

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