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, ...
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.
MacQuarie Investment Management and the Securities and Exchange Commission reached an agreement to settle charges related to the pricing of collateralized mortgage obligations (CMOs) in about 20 ...
Autumn is traditionally a slower time for the housing market, when prices ease and listings tend to linger, according to Danielle Hale, chief economist for Realtor.com. With mortgage rates already so ...
Hired in 1977 and assigned to municipal finance, Kaplan was named a Goldman Sachs partner in 1990. That was the first year the firm welcomed women into partnership ranks since Jeanette Loeb became the ...
The three biggest U.S. money managers slashed their support of environmental and social shareholder proposals in the latest voting season amid a Republican-led backlash against sustainable investing.
Retirees in 2022 could start higher, at 3.8%, and in 2023, Morningstar’s safe withdrawal rate returned to 4%, converging with Bengen’s findings. In other years, it could be much higher, such as 4.8% ...
As the Financial Industry Regulatory Authority works to weed out bad brokers, many of those brokers are giving up their securities registrations to become state-registered insurance agents who sell ...
Cerity Partners, a New York City-based independent wealth management firm, today announced that it is merging with Touchdown Ventures, a provider of advisory services for corporate venture programs.
Alisa Goldberg, the chair of NASAA’s Investment Adviser Section, said one of the main goals of state regulators is to “help to prevent and root out fraud in the advisory space, enhance investor ...
Breakthroughs in the field are rare, but we have an impressive catalogue of possible solutions to real-word problems.
The average for a 30-year, fixed loan was 6.09%, down from 6.2% last week.