 |  | Record cash streamed out of U.S.-based stock funds and billions more fled bonds in a week of apparently escalated caution, Lipper data showed on Thursday. |  |
 | Standard Chartered Plc has laid off over 200 employees in India in its retail banking division, as more customers move to digital services, a person familiar with the matter told Reuters on Thursday. |  |
 | Is it time to raise the Social Security retirement age? The idea crops up often as a partial fix for the long-term financial challenges facing the program. |  |
 | U.S. fund investors sold more bonds in December's opening days, the Investment Company Institute (ICI) said on Wednesday, putting even more of a chill on markets where companies and governments borrow. |  |
 | Jeffrey Gundlach, chief executive of DoubleLine Capital, said Tuesday on an investor webcast that the Standard & Poor's 500 Index is likely to go below its February 2018 lows. |  |
 | Hedge funds have struggled badly in 2018, but would be faring far worse were they not on the right side of two of the most reliable trades of the year: a flattening U.S. yield curve and a stronger dollar. |  |
 | Wells Fargo & Co must keep a lid on its growth until the bank has hardened its risk management policies to prevent any further abuse of its customers, said Jerome Powell, chairman of the Federal Reserve. |  |
 | In the old days, longtime employees in the United States were honored with a gold watch after 30 years or so at a company. |  |
|
|  |