Resale inventory rose for an eighth straight month in August, with the supply of existing homes rising 0.7% to 1.35 million. That’s still the highest since October 2020. Even so, that’s well below the ...
Like James, Elisabeth hasn’t worked within the Murdoch empire in more than a decade, while Prudence held several executive roles within her father’s companies. Like James, Elisabeth and Prudence are ...
The municipal-bond market’s largest high-yield fund is poised to offload its biggest position—equity shares of a power company called Vistra Vision LLC. Nuveen LLC has reached an agreement to sell its ...
By 2030, AI will replace most financial and wealth planning specialists, completely commoditizing technical expertise. Private wealth industry savants who are the most creative and clever specialists ...
Few people start saving for retirement as early as they should, experts say. But what can advisors do if a midcareer 50-year-old comes in one day and says, “I haven’t saved anything for retirement yet ...
The partnership represents a vehicle for BlackRock to offer alternative investments to affluent retail investors.
GOP presidential nominee and former President Donald Trump took to social media yesterday to blast out the news that if elected he intends to reverse the $10,000 cap on the state and local tax ...
ProShares has seized upon daily call strategies with the launch of several ETFs. It started with the ProShares S&P 500 High Income ETF (ISPY) late last year. After that came the ProShares Nasdaq-100 ...
Lawyers have complained the agency has long battled whistleblowers over their awards. Under the law, tipsters can reap 15% to 30% of any taxes collected. Those awards are now increasing, according to ...
Daniel J. Galli has been chosen as the 2025 Financial Planning Association president-elect for a one-year term, succeeding incoming 2025 FPA President Paul Brahim, the FPA announced today.
Michelle Bowman cast the first dissenting vote by a Federal Reserve governor since 2005, preferring to cut rates by a smaller amount at Wednesday’s policy meeting.
The Securities and Exchange Commission today announced charges against registered broker-dealer and registered investment advisor First Horizon Advisors Inc. for failing to maintain and enforce ...