BlackRock and Weinstein’s Saba reach settlement in battle over closed-end funds
By Svea Herbst-Bayliss NEW YORK (Reuters) – BlackRock (NYSE:BLK) and Saba Capital Management announced a standstill in a long-raging battle over the future of closed-end funds with the asset manager buying back shares in two portfolios and the hedge fund dropping
Trump says he will issue executive order to make water available in California
(Reuters) – U.S. President Donald Trump said on Tuesday he will issue an executive order to increase the availability of water in California, following disastrous wildfires that recently tore through several Los Angeles neighborhoods. This post appeared first on investing.com
US fiscal path unsustainable despite improved budget forecasts, says DoubleLine
By Davide Barbuscia NEW YORK (Reuters) – The U.S. sovereign debt profile remains on an unsustainable path with deficits likely to widen more than what has been recently projected by the Congressional Budget Office, an analyst at investment firm DoubleLine said
