Gold clawed back some losses alongside Treasuries as markets stabilized following the Federal Reserve’s first interest-rate hike since 2023.
Huawei Technologies Co. is accelerating the debut of its next-generation AI chip in 2027 by several months as it aims to replace Nvidia Corp. in China and compete on the global stage.
Investors should continue to treat bonds with caution even as the selloff bolsters the case for holding them in multi-asset portfolios, according to strategists at Goldman Sachs Group Inc.
What does Tina Turner have in common with a US Treasury bond? They both show that the meaning of safety is not always straightforward.
Federal Reserve Chair Kevin Warsh on Wednesday presided over the first US interest rate increase since 2023, and rate hikes are generally a package deal, as the aphorism goes.
Clients value advisors who are knowledgeable about philanthropy as well as those who collaborate with philanthropic specialists when deeper expertise is needed. Advisors who coordinate deliberately with specialists, rather than working around them, are best positioned to meet those expectations.
With mass AI adoption across nearly every industry, a new challenge is emerging: When everyone has access to the same technology, everything starts to look and sound the same. Once you stop standing out and creating genuine connections with prospects, you face a big marketing problem.
In my years working with advisors, teams, and firms, I’ve had to confront the topic of compensation many times. It’s hard to grow when you don’t have the right incentives in place to encourage people to focus on actually doing it and hard to team effectively when people may think they are being treated unfairly.
US retail sales rose by the most in five months in a broad advance, showing consumers continued to spend despite rising gasoline prices.
One fear over the past few days is that an artificial-intelligence slowdown, whatever that looks like, might harm the stocks of chipmakers. If AI development takes a breather, the insatiable appetite that has propelled component makers to unprecedented heights would dissipate. Will AI companies still need all those data centers?
Every single sector in the S&P 500 is expected to deliver earnings growth for the third quarter, the first time since 2021, when corporate America emerged from the pandemic slump, Bloomberg Intelligence data shows.
Ed Yardeni, one of the biggest stock bulls on Wall Street, is slashing his year-end forecast for the S&P 500 Index a month after raising it, citing increasing risks of a downturn in the next three to six months.
Morgan Stanley’s investment manager secured $1.3 billion in capital commitments for a growth equity fund that’s already invested in startups including Databricks, Anduril Industries Inc. and Ramp.
In what is a good sign, many discussions around automation generally and AI specifically are increasingly moving to questions about compliance and liability. Basically, people are asking whether the agentic coworker they just hired is smart enough to trust.
I’ve written before about why the federal debt may be less dire than the headlines suggest, and I still think much of that argument holds. You cannot know whether a national crisis is coming. You can, however, assess the risk of a crisis for your own budget and take action to reduce that risk.
Anthropic PBC is pitching financial advisers on a version of Claude that blends the chatbot with financial analytics and risk management technology run by BlackRock Inc., Vanguard Group Inc. and other firms.
An essay from Anthropic PBC’s Dario Amodei saying artificial intelligence companies must “pace the frontier” has got the world talking about a slowdown in their most cutting-edge research. OpenAI’s Sam Altman and SpaceX’s Elon Musk publicly agreed with the post.
Treasury yields are closing in on an inflection point where, historically, stocks and bonds have reinforced losses in one another. That points to a regime shift of higher bond and stock volatility and wider credit spreads.
Kevin Warsh has rightly called into question the effectiveness of the Federal Reserve’s communications — but his arrival as chairman only seems to have made the problem worse. To put this right after the next Fed meeting this week, he’ll need to rethink his approach to explaining where things stand.
The future of retirement planning is not a new model replacing an old one, but a more holistic approach that blends rigorous analytics with important client input. Advisors who adopt this integrated model will find that it deepens client conversations, clarifies tradeoffs, improves long-term decision-making.
The latest inflation report points to a hard truth: The US is not going back to a 2% inflation rate anytime soon. At least not easily.
Periods like this can feel especially tense, with higher stakes and more urgent headlines. Yet over time, markets have shown they are forward-looking and resilient, absorbing uncertainty rather than freezing in it. While today’s geopolitical backdrop may feel unsettling, it fits a long history of disruptions that markets have ultimately navigated.
As I go through the strengths and weaknesses of each model, my goals are to point out where the models are strong and to point out potential weaknesses such as conflicts of interest, which are important to be aware of in working with clients. Although we are all fiduciaries, financial incentives matter because we are all human. I know great advisors across all fee models.
Heading into the September 16 FOMC meeting, the debate over whether the Fed should raise rates or hold is heated. To help you appreciate the range of views, I present this article as a courtroom exercise. I will let the prosecution make its case for a rate hike, and the defense for a hold.
ETF share classes represent a structural innovation that combines the benefits of mutual funds and exchange-traded funds (ETFs) within a single pooled portfolio. This evolution expands investor choice, offering both ETF and mutual fund shares under a unified investment strategy.
Market madness has never been hard to diagnose. It’s almost two centuries since Charles Mackay published Extraordinary Popular Delusions and the Madness of Crowds. Benjamin Graham pioneered value investing in the 1930s by inviting everyone to think of “Mr. Market” as a manic-depressive who makes mistakes that can be exploited.
America’s data center boom will need $110 billion to build 45 gigawatts of new power generation through 2030, according to an analysis by Moody’s Ratings.
The list of challenges confronting Wall Street piled up this week. Oil firmly above $100. Inflation refusing to disappear. A defiant bond market that all but dared Scott Bessent to bring more policy firepower.
China criticized warnings from leading US technology executives to put the brakes on artificial intelligence development and claims that Chinese progress posed a dire security threat to the world.
The bond selloff has driven a key Treasury yield to the verge of 5%, worsening angst from Wall Street to Washington about higher borrowing costs hitting the US economy.
US convertible bond sales have reached their highest annual total on record, according to data compiled by Bloomberg, as companies look to fund heavy artificial intelligence-related spending.
Wall Street has a rule for how equity bull markets end: the economy rolls over or the Fed tightens until something breaks. Neither is in place right now, but rate risk is creeping back.
US stocks fell for a fourth straight day, their longest slide since June, as the relentless climb in oil prices and fresh evidence of sticky inflation boosted Treasury yields and bets the Federal Reserve will lift interest rates.
A quarter-century after the Sept. 11, 2001, terror attacks, families returned to the World Trade Center site on Friday to read aloud the names of the dead, marking a milestone anniversary of a tragedy that reshaped America.
A key gauge of US consumer prices rose by more than expected last month, bolstering the case for Federal Reserve officials to raise interest rates next week.
Federal Reserve officials have signaled they’re prepared to raise interest rates if inflation doesn’t improve soon, but they may find their main policy tool will do little to restrain some of the forces pushing up prices now.
Meta Platforms Inc. was upgraded to overweight at JPMorgan Chase & Co. on Thursday, the latest example of how sentiment toward the Facebook parent’s position with artificial intelligence has been improving.
Gold hovered near $4,400 an ounce, as traders awaited US inflation data due later this week for clues as to whether the Federal Reserve will hike interest rates this month.
The midterm election season has entered its final stretch, and Wall Street is busy drawing up game plans for a range of scenarios. Yet, in a fortuitous turn of events, the best outcome for markets is also looking like the likeliest one.
Brent oil spiked to $105 a barrel as rising tensions in the Middle East heightened concerns over global supplies.
The alternative is to be proactive by helping a grieving client name and address the financial concerns that loss creates, without ever rushing them. Doing that well takes two things: an understanding of how grief actually unfolds and a deliberate process for the conversation itself.
As clients come to advisory shops more informed, due to the plethora of financial advice available online, firms will need to be able to “stress test the information or bias” they arrive with. A comprehensive team, with training across advisory areas, can offer clients more depth of service.
When navigating leadership decisions that leave a team feeling underappreciated, offering benefit of the doubt can reduce personal frustration and help maintain productive daily interactions.
Every year, Americans send hundreds of billions of dollars of retirement savings to life insurers in return for annuities that promise a future income. It’s an industry built on trust and prudence.
Apple Inc.’s $570 billion summer surge is saddling new Chief Executive Officer John Ternus with high expectations heading into the company’s most anticipated event in years: the unveiling of the foldable iPhone on Wednesday.
At least a third of all Federal Reserve officials have said they would consider meeting less frequently to set interest rates, giving Kevin Warsh an early opening for one of the biggest structural changes he’s proposed as the central bank’s new chairman.
Defiance ETFs has submitted paperwork to the US Securities and Exchange Commission for a series of leveraged funds that would seek to double the moves of some individual stocks — over periods measured in just hours, rather than days.
Donald Trump’s pledge to ensure that Bitcoin mining activity is centered in the US is rapidly disintegrating under the twin forces of the artificial intelligence boom and a prolonged crypto slump.
Direct venture investment rewards a rigorous, patient approach. The companies that generate exceptional returns tend to combine all three factors above: genuine growth momentum, clear category ownership, and strong institutional support.
The value of actively bringing the quieter partner into the conversation by turning toward them, making eye contact, and asking for their thoughts. Even if the answer is still a shrug, the question signals that their view belongs in the conversation.