The phrase “$10 gas” is liable to put Americans in the hospital.
Hedge funds ramped up bets on megacap US tech stocks and whittled down overall holdings to concentrate on favored names last quarter, with conviction growing to levels last seen before the pandemic, according to Goldman Sachs Group Inc.
A whistle-blower’s complaint alleging Twitter Inc. ignored a rash of spam and bot accounts could help Elon Musk in his effort to walk away from a $44 billion buyout of the social-media platform, legal experts say.
Imagine running the restaurant you envisioned while outsourcing the non-customer-facing tasks to McDonalds.
While growth and succession can be accomplished using a DIY approach, there are benefits (professional and personal) that come with working with a strategic partner to achieve those goals.
I explain how attempts to view advisor compensation through a moral lens instead of an economics lens lead to false conclusions about the relative merits of each pricing model and hence to misguided predictions for the future of planner compensation.
A strong culture is key to inspiring the team and workplace of tomorrow.
The economy is trying to take us for a ride.
If reshoring doesn’t become a significant trend over the next decade, it never will.
When Nick Twidale reaches his desk in Bridge Street each morning, in the heart of Sydney’s financial district, he’s greeted by a seemingly endless slew of dollar buy orders.
US companies that cut carbon emissions could qualify for subsidies on even the smallest projects under new climate legislation, unleashing a potentially unprecedented wave of investment in green technologies.
Cathie Wood’s flagship ETF, Bitcoin, meme stocks, profitless tech firms. The risk assets that powered this quarter’s $7 trillion rally all took a pounding Monday.
Some of the world’s biggest bond investors say the market is wrong to expect central banks to score a long-term win in the war against inflation.
In estate planning, “equal” isn’t necessarily the same as “fair.”
Here are five things investors and advisors should consider and weigh when it comes to tax-managed investing.
Summer was supposed to be a period of relative inactivity in markets, and it seemed as though A-Team traders were free to go about their vacation plans without fear of missing out on significant developments.
I examine the benefits of the contingent deferred annuity (CDA), and whether it’s poised to become the next big thing in retirement.
A close look at the historical data suggests that the excess performance of stocks relative to bonds occurred mainly in two historical periods and has been inconsistent over the last 25 years.
Corporate debt offers attractive yields, particularly through an interval fund with limited liquidity. I compare one such fund, CCLFX, to more traditional, liquid mutual funds.
Hedge funds are unleashing record bets that the Federal Reserve will stick to its hawkish script as they rapidly position for higher interest rates in a key corner of the derivatives market.
Some of the world’s biggest trading houses and cryptocurrency firms are backing a small startup that aims to ease Wall Street’s entry into crypto trading by tackling counterparty risks and conflicts of interest.
The Federal Reserve’s forward guidance program has been a disaster, so much so that it has strained the central bank’s credibility.
Because of rising interest rates and higher home values, the monthly mortgage payment on a typical US home is 62% higher than a year ago.
A sober warning for Wall Street and beyond: The Federal Reserve is still on a collision course with financial markets.
The Fed is likely to see the PCE stats as reasons to continue its hawkish moves.
Indonesia wants Tesla Inc. to make cars — and batteries — locally. That might be the smartest bet Elon Musk can make, and it won’t be so hard.
Data this week generated a mixed report card of the US economy, showing both resilience in the face of high inflation and signs of troubles ahead.
Anyone paying attention has watched T-Mobile steadily rise up the leaderboard of the Nasdaq 100 in a year in which technology and communications stalwarts have been pummeled amid soaring interest rates and slowing economic growth.
The pullback in the once red-hot housing market isn’t scaring investors away from homebuilding stocks -- it’s all normal, they say. And normal is good enough for now.
Extreme weather is wreaking havoc upon virtually all of the world’s largest cotton suppliers.
Is all the attention to the Fed warranted, or is it a waste of time for advisors to monitor monetary policy developments?
Have you struggled to get calls returned?
In a sign of how close digital and traditional markets have become, cryptocurrency traders can no longer live without knowing what’s happening on stock exchanges.
In the past year, sitting presidents at some of the top colleges in the US have announced they’re stepping down, triggering the arduous process of finding their replacements -- and making the job even tougher than usual, with competition fierce for the most-desirable candidates.
In a word, yes: The IRS struggles to administer the system because US taxes are insanely complicated.
Cryptocurrencies suffered a sharp selloff as global markets retreated after US Federal Reserve officials reiterated their resolve to keep raising interest rates until inflation is contained.
Elon Musk says there’s big money to be made by turning raw lithium into battery chemicals, but shrinking profit margins suggest the mining end of the business might still be a better bet.
For those who believe that the surge of interest in warehouse automation and robotics was just a pandemic fling that will fade as the labor market loosens, meet Malcolm Wilson.
“The Godfather” has a quote for everything. Maybe, just maybe, it was Putin all along. Or perhaps its was Nikolai Kondratiev.
Don’t get me wrong — this economy is proving hard to understand. It is very strong in some respects and very weak in others.
Sales of previously owned US homes fell for a sixth straight month in July in the latest indication of how high borrowing costs and waning demand are propelling the housing market’s rapid decline.
Prices of Ether and nonfungible tokens that often run on the Ethereum network have diverged sharply as investors snap up the second-largest cryptocurrency ahead of the blockchain’s highly anticipated software upgrade.
Investors – your clients – are paying unnecessary taxes when they purchase stocks, equity mutual funds and other securities.
President Joe Biden’s signing of the Inflation Reduction Act on Tuesday caps nearly two years of efforts to pass sweeping climate legislation. But the real work is just getting started.
Nearly a year ago, when US Federal Reserve Chair Jerome Powell delivered his speech at the annual economic conference in Jackson Hole, a global audience was hanging on every word for insights into the outlook for growth, inflation and monetary policy in an extremely uncertain environment.
US retailers that stockpiled goods to cushion against supply-chain snarls are finding inventory reduction to be challenging and costly as American households start to pull back from a two-year spending spree.
If Wall Street is right, the big revival in value investing in the post-lockdown era is in danger of falling apart all thanks to the resurgent bond market.
“It is not true that we need to gut our environmental protections in order to scale up green energy,” said Mahyar Sorour, deputy legislative director for Beyond Dirty Fuels at the Sierra Club. And thus goes the next chapter in the political war over whether and how the United States will join the battle against climate change.
Federal Reserve policy makers don’t have an explicit target for US stocks or consumer borrowing costs, but they know something’s off when they see it, and there’s a chance that now is one of those times.
The stores ended up with too many goods that consumers didn’t buy as they shifted their spending to travel and leisure, or got squeezed by inflation.