No matter how the UK’s tortuous process of leaving the European Union (EU) ends, those who supported Brexit as a way of curbing immigration will have to accept the immutable mathematics of demographics: Britain will remain economically reliant on foreign workers for decades to come. The Office for National Statistics (ONS) has just published its latest projections for the size ...

The top-line takeaway from a BNY Mellon Investment Management national survey on fixed-income investing was stunning: A measly 8% of Americans were able to accurately define fixed-income investments. The 29-question online survey of just more than 2,000 adults, conducted in July, clearly shows that many Americans admit to having little knowledge about various fixed-income markets and how to invest in ...

Bloomberg US index futures climbed while stocks in Europe struggled for traction at the start of a week in which big corporate earnings continue to roll in and the Federal Reserve is expected to cut interest rates. Treasuries dropped, pushing the 10-year yield to a six-week high. Contracts on the S&P 500 edged higher after the underlying gauge climbed near ...