JPMorgan AM strategist discusses long-term market expectations

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Sylvia Sheng of J.P. Morgan Asset Management says under its Long-Term Capital Market Assumptions report, risk assets could have a “relatively robust” return environment for the next 10-15 years and to expect a return a pre-GFC environment of positive real yields. Source…

Bill Self brushes off becoming winningest coach in Kansas history, passing Phog Allen

ATLANTA – Bill Self brushed off becoming the winningest coach in Kansas basketball history, even as he surpassed the guy whose name is on the arena. “It means I’m old,” the 61-year-old Self said with a slight grin. “And it means I’ve had a lot of really good players.” Self claimed the top spot at…

Amgen stock falls on weight loss drug’s bone density loss data

Shares of Amgen fell more than 7% Tuesday as analysts chewed over bone density loss data from an early-stage trial on its experimental weight loss injection, MariTide. One analyst said the additional data suggests a new potential safety risk tied to the drug. But others said the share move was an overreaction, and that more…

Datacentre construction: Worker shortage hampers boom

Datalec Datacentre floorspace has almost doubled in Europe since 2015 If someone had asked Billy Keeper five years ago what a datacentre was, he admits: “I would not have had a clue.” The 24-year-old joined specialist electrical firm Datalec Precision Installations as a labourer straight from school. He’s now an electrical supervisor for the UK-based…

Chinese hackers target Tibetan websites in malware attack, cybersecurity group says

BANGKOK — A hacking group that is believed to be Chinese state-sponsored has compromised two websites with ties to the Tibetan community in an attack meant to install malware on users’ computers, according to findings released Wednesday by a private cybersecurity firm. The hack of the Tibet Post and Gyudmed Tantric University websites appears geared…

Best-selling detective author Michael Connelly talks career and crime novels

Best-selling detective author Michael Connelly talks career and crime novels – CBS News Watch CBS News Michael Connelly has been a best-selling author of crime and detective fiction for over 30 years. Now out with his newest novel, “The Waiting,” Connelly stopped by “CBS Saturday Morning” to talk about his life and career with Dana…

Google Wallet and Apple Pay race for second place

While Apple has ventured into mobile payments with Apple Pay, Google’s latest deal with wireless carriers could give Google Wallet more of an edge. Google and mobile payments company Softcard announced a deal Monday that would mean Google Wallet would be preinstalled in Verizon Wireless, AT&T and T-Mobile USA, making it easier for users to…