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

Security at stake, again! Serial hacker returns to steal data of 26 mn users

SAN FRANCISCO: The hacker, who earlier stole and posted personal data of close to 843 million users of various popular websites on a Dark Web marketplace, has now put up the fourth set of nearly 26 million hacked databases for sale. Hacker Gnosticplayers has put up the personal data of 26 million people using the services of six different companies globally … Read more

US Open returns to traditional course with modern touch

Such is the stature of century-old Shinnecock Hills that it seems everyone can’t wait for the U.S. Open. ”Shinnecock looks epic,” Russell Knox said after he qualified. Phil Mickelson has been critical at times for how the USGA prepares a golf course for what it calls the ”ultimate test.” He was runner-up at Shinnecock Hills in 2004, when … Read more

Eastern Electrics house music festival returns to Morden Park

Tickets are on already on sale for next summer’s Eastern Electrics music festival which returns to Morden Park. The all-day techno and house music festival, on August 4, will be in its ninth year and will feature seven stages of underground DJ’s and urban acts including Ministry of Sound, Skreamizm, Defected In the House and … Read more