Rocket hits near US embassy in Baghdad: Security sources

One rocket hit near the US embassy in Baghdad early Tuesday morning, security sources told AFP, the first to land in the high-security zone in weeks. The blast could be heard across the Iraqi capital and triggered security sirens at the US embassy compound but did not cause casualties, the sources confirmed. There was no … Read more

Morgan Stanley warns that returns for traditional portfolios will slide near 100-year lows over the next decade

Morgan Stanley is sounding the alarm on a popular investment portfolio. The bank is warning investors that the annual return on a traditional portfolio made up of 60% stocks and 40% bonds could fall to 2.8% over the decade, a near-century low and roughly half of the average over the last 20 years. The figure is … Read more