Bloomberg Business

BNY Mellon IM Pushes Cash to Brace for Market Turmoil

Bank of New York Mellon’s asset management arm has set its tactical conviction toward cash at the highest possible level, out of concern that Federal Reserve interest rate hikes still have the potential to upend markets.

Justice Department Reveals New Details on Trump Documents Probe

Newly unsealed details from the Justice Department’s investigation into Donald Trump’s alleged mishandling of classified information shed light on how investigators made their case in court last year for a warrant to search the former president’s Mar-a-Lago home, including the extent of surveillance footage they said showed boxes being moved.

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