slashes

Fidelity rolls out suite of new ETFs, slashes fees

By Suzanne McGee (Reuters) – Fidelity launched a group of six new exchange-traded funds (ETFs) Monday and announced sharp reductions on management fees on nearly a third of its total ETF lineup,…
November 13, 2023

Schwab slashes fees on more fixed income ETFs

By Suzanne McGee (Reuters) – Schwab Asset Management on Monday said it cut fees on the Schwab High-Yield Bond ETF (SCYB) and the Schwab U.S. TIPS ETF, which offers exposure to inflation-protected…
September 25, 2023

Moody’s slashes Pakistan’s rating amid payment crisis

(Reuters) – Global ratings agency Moody’s cut Pakistan’s sovereign credit rating by two notches to ‘Caa3’ on Tuesday amid international loan negotiations, saying the country’s increasingly fragile liquidity “significantly raises default risks.”…
February 28, 2023