The Federal Reserve cut its benchmark interest rate by half a percentage point Wednesday in a policy shift aimed at engineering a so-called soft landing. Ahead of the decision, Dimon said that whether ...
Since 1900, the S&P 500 has posted a median return of 3.4% in November and December of election years, Goldman data shows. Once the vote is settled, Rubner sees stock market breadth improving, and he ...
Aspiring millennial and Gen Z homeowners have spent the last few years watching their purchasing power erode. Prospective buyers felt they did everything right in saving for a home, only to watch ...
Chappell Wealth, a family-owned, independent financial advisory firm based in The Woodlands, Texas, holds day-long seminars to address the questions of potential clients and current clients.
Among affluent investors, 50% of women report a high degree of reliance on their advisor, compared with 34% of men. Men, meanwhile, are more likely to be “set it and forget it” investors or ...
Inspire Investing, a faith-based Idaho RIA, has agreed to a $300,000 fine after the Securities and Exchange Commission filed a complaint against him alleging he misled investors regarding its ...
The Fed governor said he’s now estimating that the Fed’s favored gauge of inflation — the personal consumption expenditures price index — has risen over the last three months at an annualized rate of ...
An Edward Jones survey found that 64% of women caregivers say their role has negatively impacted their financial plans.
RBC Wealth Management has hired a 15-member Atlanta-based team that managed $2.8 billion in client assets at UBS, according to a news release.
Private credit more than doubled in size from 2019 thanks to interest rate hikes that made its floating-rate debt more attractive to investors. Now, a Federal Reserve interest-rate cut is adding to ...
Warren Buffett’s continued disposals of Bank of America Corp. shares have now covered the billionaire’s investment cost, leaving him with a more than $34 billion stake that’s pure profit.
The euphoria in equity markets following the Federal Reserve’s interest-rate cut is stoking the risk of a bubble, making bonds and gold an attractive hedge against any recession or renewed inflation, ...