The Fed has made “a pretty big pivot from focusing on the labor market, which was a concern at the tail end of last year, to now focusing on inflation,” said Anastasia Amoroso, iCapital Network’s ...
The Trump administration has filed a motion to pause its appeals of court rulings that suspended the Department of Labor’s 2024 fiduciary rule.
Bluespring, the Austin, Texas-based RIA aggregator and subsidiary of Kestra Holdings, has made a number of major transactions recently, including last year’s acquisition of Shelton Financial Group, a ...
The cost to attend private schools in the US has hit all-time highs as inflationary pressures prompt institutions to boost fees. The annual tuition for a day school rose about 7.4% to $49,284 on ...
“At face value, it’s not good news for the Fed,” El-Erian, said, referring to January’s consumer price report. “They will tolerate high inflation and they will just keep promising us that everything ...
House Republican leaders took the first step Wednesday toward enacting trillions of dollars in tax cuts and raising the nation’s $36 trillion debt limit, offering a plan that risks rankling quarreling ...
Stocks beating estimates have underperformed the S&P 500 by an average of 0.1% on the day of reporting results.
“To see jitters ahead of the weekend on Fridays is not normally a sign of a healthy market,” said Detrick, a widely-followed stock bull. “It shows that there is indecision among investors, given there ...
IBM sold €3.5 billion of bonds last week, followed by a $4.75 billion deal in the US, across a total of nine tranches. The euro-denominated five-year bonds will pay a coupon of 2.9%, while the ...
Nvidia shares slumped 17% in a single day, erasing about $590 billion from the company’s market capitalization, after the Chinese AI startup claimed high performance at a lower cost. The stock has ...
Hightower, one of the nation’s largest acquirers in the advisor market, said in an announcement yesterday that Larry Restieri has be named its next CEO and a member of the board of directors. He ...
I was having a conversation recently about the future of wealth — what can I say, I am an economist — when I heard an argument that was so retro I thought it was 1982: America needs to revive the ...
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