The US Treasury indicated it’s not looking to boost sales of notes and bonds until well into next year, in a decision that will see the government increasingly rely on bills to fund the budget deficit.
The trade was simple — and worked until it didn’t. Wrap crypto in a stock ticker. Call it innovation. Ride the wave.
Amazon.com Inc.’s latest global layoffs should come as a singular warning to India. For policymakers dealing with the world’s largest youth population, AI suddenly poses a very real risk to jobs, wages, and a white-collar future.
Recent dealmaking by OpenAI appears to raise an awkward question for mergers and acquisitions advisers: What value do you add?
Nothing says gold is hot quite like a story that big US banks are considering getting back into the business of holding other people’s bullion.
Adding AWS as a key cloud provider can ease some pressure for OpenAI, especially as it continues to farm out more contracts to neocloud providers like CoreWeave, which operates at a much smaller scale than AWS.
RIAs need to use AI effectively in their practices, but they also need to understand how their clients are using it.
Rick Kahler highlights a tool for helping investors achieve balance between two opposing financial concepts.
U.S. workers, particularly those in the Gen Z and millennial generations, are facing a “financial vortex” of financial pressures that are eating into their savings, including rising debt, housing, healthcare and caregiving costs.
Investors are bracing for Treasury Secretary Scott Bessent to lean more toward shorter maturities in the government’s funding mix to keep down long-term yields amid a mounting debt burden.
Wall Street is riding this era of American state capitalism — tracking it, packaging it and offering it back to investors through a new ETF.
This article details personalization with a strong caution against trying to personalize what cannot be personalized because it’s not nice to fool mother nature with a 'managed' account that is not actually managed.
More than a generation ago, financial historian Peter Bernstein wrote about investors’ 'memory banks,' the market experience that accumulates in their hippocampi over their investing lives and molds their investment strategy. As he put it, looking back on the 1990s: 'Most of the new participants in the market had no memory of what a bear market was like.'
As equity valuations approach — or in some cases surpass — the record highs of 1999, investors are growing increasingly anxious. This unease is partly driven by the media issuing grim warnings, often based in part on CAPE valuations.
Michael Saylor is raising the stakes for almost everyone that is touched by his multibillion dollar bet on Bitcoin.
Gold steadied near $4,000 an ounce as traders weighed a US-China trade truce that failed to quash concerns about long-term competition between the world’s two largest economies.
JPMorgan Chase & Co. is leading a group that’s investing about $90 million in a second round of financing for the Texas Stock Exchange, giving a boost to the Dallas-based upstart as it angles for a piece of a market dominated by Nasdaq and the New York Stock Exchange.
Tucked into President Donald Trump’s trade deals formalizing higher tariffs on goods from Asia this week are provisions for a global economic frontier the US wants to stay free of protectionism: digital commerce.
Novo Nordisk A/S made an unsolicited bid for US biotech firm Metsera Inc., sparking a heated battle with Pfizer Inc. to get their hands on weight-loss treatments that both drugmakers want in order to regain lost ground in the booming market.
US stocks are hovering near all-time highs, buoyed by the prospect of cooling trade tensions between the US and China as corporate America largely brushes off tariff pressures. But that doesn’t mean that Wall Street professionals will be sleeping easy this Halloween.
Long-dated bonds are looking more attractive as governments and central banks take steps to curb the glut in that segment of the market, according to JPMorgan Asset Management.
Amazon.com Inc.’s cloud unit posted the strongest growth rate in almost three years, reassuring investors who were concerned that the largest seller of rented computing power was losing ground to rivals. The shares surged.
Meta Platforms Inc. found record-shattering demand for its bond sale on Thursday even as its shares plunged, in a sign that bond investors are looking past any concerns about its artificial-intelligence spending plans.
Euro-area inflation eased slightly but stayed above 2%, backing the European Central Bank’s decision to keep borrowing costs where they are.
There’s no official read on how fast the US economy grew last quarter, thanks to the government shutdown. But almost everyone reckons it was a healthy pace — and that’s largely thanks to AI.
It lacks the effervescence of copper and the geopolitical allure of rare earths – yet aluminum is the metal of the moment. Key to modern life and everywhere in the global economy, it’s entering a make-or-break phase: Either the world is sleepwalking into a supply crisis or further into the hands of China. Or, more worryingly, both.
US President Donald Trump emerged from his meeting with Chinese leader Xi Jinping beaming, labeling the conversation “truly great.”
Treasuries fell the most in nearly five months after Federal Reserve Chair Jerome Powell cast doubt on a December interest-rate cut, even as a sagging labor market prompted policymakers to bring down borrowing costs Wednesday.
Nvidia CEO Jensen Huang’s insistence this week that he did not “believe we’re in an AI bubble” is all well and good when you’re the man selling the finest shovels for the artificial-intelligence boom. But what of the companies that are expected to turn all that AI building into gold?
It’s important to remember that QT, at least in the current context, was never really a proactive policy. Rather, it’s the undoing of a policy — quantitative easing — that the Fed used to support markets and the economy during the Covid-19 pandemic.
Lazard Asset Management is betting the newfound appetite for emerging-market assets is only just starting, launching its first-ever exchange-traded fund focused on the region as investors look for ways to ride a rebound in international markets.
At the very least, whether to cut the policy rate today is a close call for a Fed committed to a 2% goal — a fact that’s sharply at odds with investors’ near-certainty that it will happen.
Nvidia Corp. achieved a historic $5 trillion market capitalization on Wednesday as Chief Executive Officer Jensen Huang’s spree of deals catapults the artificial intelligence frenzy to new heights.
By far the most finicky part of OpenAI’s necessary conversion into a for-profit company was reconciling its convoluted partnership with Microsoft Corp. With the year-end deadline fast approaching, they have made a deal both sides can live with for now, though it sets out the timeline for an eventual split.
Research shows that the U.S. wealth management industry will be facing an advisor shortage in the coming years as more advisors retire. One key to retaining talent is making sure the right pay structures and work arrangements are offered to advisors.
By tackling personalization with automation technology, advisors are no longer forced to trade between offering top-quality portfolio tailoring and putting the effort into scaling their businesses.
The truth is that most clients who had a positive experience with their advisor are happy to write a review, particularly if the process doesn’t take too long and isn’t terribly difficult.
If you are not striving in the same direction and the outcome doesn’t matter as much to one as it does to another, the three of you won’t bring about the alignment you seek.
The US Federal Reserve will soon face a crucial decision: What to do with the vast portfolio of securities it has amassed in its efforts to manage the economy?
Investors plowed cash into exchange-traded funds that buy China stocks last week amid optimism that it was nearing a trade deal with the US ahead of an upcoming meeting between the two countries’ respective leaders.
The future of wealth management — especially in the HNW segments — depends on advisors' ability to provide tailored, cross-disciplinary solutions. Case design is central to delivering that value.
Equity bulls are lining up to wager the S&P 500 will surge past 7,000 now that it looks as if a seasonal bout of volatility has passed.
Investors expect the Federal Reserve to cut its policy rate on Oct. 29, and once more by the end of the year. Right now, amid enormous uncertainty about where the economy is headed, the case for cutting is weak. The Fed would be wiser to pause.
In the years after the internet stock boom-and-bust of the late 1990s and early 2000s, financial economists searched for more satisfying explanations of what had happened than “investors went crazy.”
Top executives from across Wall Street dismissed fears of a brewing credit crisis — even as some of the industry’s biggest names set aside hundreds of millions more to cover potential losses.
The US government agreed a $80 billion deal with Westinghouse Electric Co. to build large-scale nuclear reactors, the latest push to meet rising demand for electricity from artificial intelligence.
We've identified five critical pitfalls that repeatedly trip up new compliance leaders. More importantly, we've learned how the most successful CCOs navigate around them.
The private market landscape has evolved tremendously, and it is exciting that evergreen options are available to meet the growing demand in this space. However, before making an allocation using an evergreen fund, it is essential to recognize and anticipate issues that could arise.
Money can’t buy you love and right now no one knows that better than UBS Group AG. Since the Swiss bank helpfully rescued its cockroach-riddled rival Credit Suisse in a state-brokered emergency takeover, its reward has been government plans to whack it with punishing new capital rules and a lagging stock price.
There have been no innovations to TDFs in their entire 19-year history, until now. It’s time. This article introduces trailblazing innovations that improve participant results.
