A federal judge in Texas struck down the Biden administration’s sweeping student loan forgiveness plan, calling it “one of the largest exercises of legislative power without congressional authority in the history of the United States.”
Investors trying to gauge the strength of the risk-on shift that gripped markets Thursday should look no further than two of the biggest high-yield credit exchange-traded funds.
It’s time to take a fresh look at advisor meetings.
Here are some suggestions to consider when remarrying.
The nation’s inflation problem is far from solved, and the Federal Reserve remains committed to keeping short-term interest rates elevated. But longer-term government bonds may finally be worth a second look after some 14 months of carnage.
The dollar is heading for its worst week since the pandemic struck, yet analysts think a long-running stampede for the greenback isn’t over yet.
Amazon.com Inc. gained as much as 15% on news that Chief Executive Officer Andy Jassy has embarked on a review of expenses, part of broader efforts to streamline the world’s largest e-commerce company.
Federal Reserve Bank of Philadelphia President Patrick Harker said he expects the central bank to slow the pace of interest-rate hikes in upcoming months as US monetary policy approaches restrictive levels.
If you’re suffering from analysis paralysis when it comes to booking holiday travel, it’s understandable.
Meta Platforms Inc.’s first major job cuts won’t be nearly enough to get the company back to being as profitable as it was just two years ago, according to analysts.
Crypto markets face weeks of deleveraging in the fallout from the crisis at digital-asset exchange FTX.com, a period of upheaval that could push Bitcoin down to $13,000, according to JPMorgan Chase & Co. strategists.
The Federal Reserve looked closer to moderating aggressive interest-rate increases after welcome news on inflation, with three officials backing a downshift even as they stressed that policy needs to stay tight.
A cooling in US consumer prices offered cheer to households, investors and Federal Reserve officials, but there’s still a long way before high inflation becomes history.
For much of the past year, interest rate doves have been eager to make excuses for inflation, blaming obscure methodological quirks in the US’s consumer price index for a stretch of concerning reports.
Wall Street has given up on the hope that technology companies will report higher earnings next year, potentially setting up their shares to at least stabilize if not stage a short-term rally now that the third quarter reporting period is winding down.
Inflation cooled in October by more than what was forecast, suggesting that one of the biggest headwinds facing tech could be easing.
I am about to hit the 30,000-follower mark on Linkedin. I thought it would be helpful to share the four easy-to-do tactics that I employed each week for the last two years to help me grow.
When you build trust in your sales conversation, then ask this bridging question towards the end.
Cryptocurrencies extended declines to the lowest levels in two years as Binance is seen increasingly unlikely to follow through on its takeover of FTX.com.
Billionaire Elon Musk unloaded another batch of Tesla Inc. shares to help fund his buyout of Twitter Inc., bringing his sales of the electric-vehicle maker’s stock to about $36 billion in the past year.
JPMorgan Asset Management’s David Kelly has a message for longer term investors who have been stung by this year’s downturn in stock and bond markets: now is the time to jump back in.
Federal Reserve Bank of New York President John Williams said longer-run inflation expectations remain stable despite the recent surge in prices, but there is greater uncertainty over the future path for price gains.
US inflation probably moderated just slightly in October data due Thursday, and yet another above-forecast reading may dash expectations for the Federal Reserve to downshift from steep interest-rate hikes.
The three-day selloff in the US dollar on the back of a global stock rally and just the possibility -- yet to materialize -- of an end to China’s Covid-zero policy, has caught market players’ attention.
Bank of America Corp. clients from retail investors to hedge fund managers sold into last week’s slump, dumping stocks across every industry, according to the bank’s data.
A hybrid model that combines sophisticated digital capabilities with human expertise and advice is not just today’s reality but will be a key differentiator for winning customer relationships.
There’s a dark side to the traditional Thanksgiving dinner.
How come the focus is always on the leader and never on the team members getting on board and playing their part?
There is a long history that proves ESG’s viability and more than 2,000 empirical studies that show little absolute difference in performance by adopting it as a criterion for analysis.
Higher interest rates are no doubt causing pain to investors and consumers, but the economy has been able to handle them better than anyone thought possible six months ago.
It’s not as if volatility markets have needed extra juice this year.
Renewable-energy assets are primed for an era of growth as they emerge as the answer to both energy security risks and efforts to fight climate change, according to Mark Carney, the former Bank of England governor.
Restructuring is a horrible time for the staff of any company, but it’s also an opportunity to concentrate on what reliably makes money.
JPMorgan Asset Management, Invesco Ltd. and Dimensional Fund Advisors are among large money managers pushing back against proposals by US regulators to crack down on misleading fund names.
China has a powerful weapon in its rare-earth dominance.
Are you just an educator or can you motivate prospects to implement your ideas?
I proclaim the pending demise of the independent broker-dealer model.
Here’s what I’ve done to protect my own investment portfolio from a possible election day disaster…
The instruction manual for surviving a zombie apocalypse is pretty straightforward.
All bets appear to be off on how high yields can rise in the world’s biggest bond market.
Federal Reserve Chair Jerome Powell’s declaration that peak interest rates will need to go higher than previously thought has Wall Street making its best guess on that final level.
There’s a lot of focus on Elon Musk’s Twitter Inc. purchase and plans to turn around the troubled social network.
China’s exports and imports both unexpectedly fell for the first time in more than two years, with rising risks of a recession causing overseas consumers to buy less and domestic problems such as Covid Zero controls and a housing slump hitting demand at home.
The dollar resumed declines on Monday in New York amid a rebound in US equities and other risk assets ahead of fresh inflation data and the results of mid-terms elections this week, which hurt demand for the safety of the greenback.
I will outline a relatively straight-forward retirement planning process that advisors can use to help their clients find financial peace of mind in retirement and help them make better financial decisions.
The political news culture that favors words over deeds, clicks over content and headlines over discussion effects fiduciary care. We are at a low ebb.
For traditional fixed-income investors seeking higher yield and/or inflation protection, private, senior secured, sponsored debt provides an attractive alternative.
Less than a month after I recommended that an organization – specifically NAPFA – set new membership standards regarding an RIA firm’s revenue model, one has risen to take up the challenge.
Twitter Inc. employees around the world began getting notifications that they were locked out of their work accounts, a week after billionaire Elon Musk took over the company promising sweeping changes.
Europe’s top ESG fund class may be close to reaching a tipping point.
