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Tag: year

‘Bond King’ Jeffrey Gundlach says interest rates have bottomed for the year

‘Bond King’ Jeffrey Gundlach says interest rates have bottomed for the year

Finance
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 6th, 2019.Adam Jeffery | CNBCDoubleLine CEO Jeffrey Gundlach believes the bottom for interest rates is in for 2019.Growing fears about a possible global economic slowdown prompted Treasury yields to hit their historic lows a few weeks ago. The so-called bond king said yields won't go any lower this year."It's not a great idea to bet on low interest rates," Gundlach said in an investor webcast on Tuesday. When asked if he would buy 10-year Treasury now, Gundlach said "absolutely not."The yield on the benchmark 10-year Treasury breached below 1.5% in August, while the 30-year Treasury bond yield fell below 2% for the first time ever as the U.S.-China trade war escalated.The Federal Reserve conducted a repurchase operati...
Uefa Player of the Year: Lucy Bronze and Virgil van Dijk win awards

Uefa Player of the Year: Lucy Bronze and Virgil van Dijk win awards

Sports
Media playback is not supported on this device England's Lucy Bronze has been named the Uefa Women's Player of the Year, while Liverpool's Virgil van Dijk took the men's award.Full-back Bronze beat Lyon team-mates Ada Hegerberg and Amandine Henry to the award.She is the first English winner of the honour, voted for by top coaches in the women's game and journalists. Defender Van Dijk helped Liverpool beat Tottenham 2-0 in the Champions League final in Madrid in June.How Lucy Bronze defied the odds to reach the topVan Dijk, 28, edged out Barcelona's Lionel Messi and Juv...
It’s confirmed: For private sector salaries, this was the worst year in a decade

It’s confirmed: For private sector salaries, this was the worst year in a decade

Finance
If your salary hike this year was nowhere close to what you were hoping for, don't let it leave you feeling left out: You are hardly the only one to be left high and dry. Data from CMIE has just confirmed that appraisals were low everywhere in this season of discontent as Indian employers across the board firmly drew a line on their salary outgo. With sales numbers falling all around, private sector salary growth in the country in 2018-19 was the worst in 10 years (since 2009-10), a Hindustan Times analysis of CMIE's Prowess Database found. This, along with relevant data from critical sectors, serves to provide a clear peek into the state of the Indian economy and the hands that run it: the worker. Double whammy or triple? Combined with rising unemployment, the fall in salary growth makes ...
Miley Cyrus and Liam Hemsworth split after less than a year as pop star ‘snogs female pal’

Miley Cyrus and Liam Hemsworth split after less than a year as pop star ‘snogs female pal’

Entertainment
The pair finally decided to tie the knot in December 2018 after almost ten years of on and off dating.A representative for the Wrecking Ball singer told People: "Liam and Miley have agreed to separate at this time."Ever-evolving, changing as partners and individuals, they have decided this is what's best while they focus on themselves and careers."They still remain dedicated parents to all of their animals they share while lovingly taking this time apart."Please respect their process and privacy." SPLIT: Miley Cyrus and Liam Hemsworth have broken up after less than a year of marriage (Pic: GETTY) LONG-TERM: The couple had been dating on and off for ten years (Pic: GETTY) CRYPTIC: In her most recent Insta story, Miley enjoyed 'quality time' with her sister Brandi (Pic: INSTAGRAM/MILEY...
Trump’s Bronx golf course lost $122,000 last year and blamed New York City

Trump’s Bronx golf course lost $122,000 last year and blamed New York City

Finance
Eric Trump, third from left, and Donald Trump Jr., second from right, talk with guests at the opening of the Trump Golf Links clubhouse, Monday, June 11, 2018, in the Bronx, New York.Mark Lennihan | APTrump Ferry Point, the Bronx golf course operated by President Donald Trump's company, lost more than $ 122,000 in the past year, a financial statement shows.The income statement covering April 2018 to March 2019 was first reported by The Washington Post and later obtained by CNBC. The Post reported that the golf course, which opened in April 2015, posted its first-ever operating loss this year, despite a gilded contract in which New York City agreed to cover its irrigation bills and its first four years of rent.The company's explanation for the loss in spite of the sweetheart deal: a f...