Andy Burnham pledged a “new economic model” for the UK as he sought to reassure Britons that his ascension as their seventh prime minister in little over a decade would bring an end to the country’s political instability.

Bond traders and Federal Reserve Chairman Kevin Warsh are in agreement on a crucial point: The central bank’s fight against inflation still seems far from over.

Whether you admire him or cringe at the mention of his name, US President Donald Trump has long had a penchant for putting his name on things. Once it was condos, steaks and Bibles.

US stocks advanced on Monday, paring last week’s slump, as chipmakers rebounded amid a deluge of earnings reports that will test whether Big Tech’s profits can match high expectations.

I’ve been writing about inflation more in recent months and quarters because inflation has become the major driver of the US macroeconomic landscape. This week, we take a deep dive into inflation and interest rates, and at the end, I talk about why I am buying gold for my grandkids.

Decades of data across global markets reach the same verdict: the more frequently retail traders trade, the worse they perform. The infrastructure has never been more inviting. The losses have never been more documented. Here are some key statistics we will dive into further.

Chairman Warsh has made clear his aim to be a strong leader, neither shackled by any attempts by his predecessor to shift policymaking power to the voting members of the FOMC nor susceptible to political pressures or past policy precedents to deter data-driven monetary policy decisions.

Today, the mission of the CFP Board of Standards, a 501(c )(6) nonprofit organization, is to credential competent and ethical financial planners, uphold CFP® certification as the recognized standard, and advance the financial planning profession. The mission is no longer to benefit the public. Selling out the public dooms financial planning as a profession. That’s horrible for the vast majority of certificants that want to be held to a higher standard.

It seems to be the end of the Great Moderation Era for the U.S. economy. The Great Moderation Era—which marked most of the two decades leading up to the COVID-19 pandemic—is drifting away into what we call the new Temperamental Era.

In this video, Chuck Carnevale, co-founder of FAST Graphs and known as "Mr. Valuation," explains why overpaying for a stock is often the greatest threat to long-term investment success. Using over 30 real-world examples, Chuck demonstrates how even outstanding companies can deliver poor returns when investors buy them at excessive valuations.

So far in 2026, we’ve seen that benchmark index returns can obscure important market dynamics. Even during a historically strong quarter, underlying dispersion created meaningful opportunities for tax-loss harvesting in custom equity portfolios.

The measurement of inflation has been getting a lot of attention lately. Some modifications are underway, with more potentially to follow.

The first half of 2026 reinforced the importance of balance, selectivity and income generation. Franklin Income Investors Chief Investment Officer Ed Perks discusses how markets have evolved, where opportunities are emerging, and why diversification remains critical heading into the second half of the year.

Investors must determine what the AI capital-spending surge means for long-term business durability.

For physicians, major financial decisions may rarely affect just one area of their financial life. The real potential risk is failing to understand how those decisions impact everything else.

I have been tracking the ETF industry for a long time. I remember when the SPDR S&P 500 ETF Trust (SPY) made history as the very first ETF to hit the $100 billion mark. Since then nearly two dozen have joined SPY.

Markets are embracing the idea that we are in an AI supercycle. Investors are betting on a multi-decade technological shift, similar to the internet, that will transform industries, computing, and infrastructure.

A handful of key economic data points dropped last week, painting a picture of an economy that is successfully downshifting from its recent inflation peaks even as consumers keep their footing.

A growing number of corporate leaders, buckling under the stress and uncertainty of the AI age, are looking for a very human solution: A chief of staff.

Something unusual is happening in the US equity market. AI infrastructure winners continue to power market gains, yet more stocks are moving against the S&P 500. That doesn’t necessarily signal widespread fundamental weakness, though it may reflect AI-driven market imbalances creating opportunity beyond today’s leaders.

A record inflow hit the largest US-listed South Korea exchange-traded fund, as investors seeking exposure to SK Hynix Inc. piled into the ETF as a proxy at a time when the chipmaker’s new American depositary receipts trade at a substantial premium to its local shares.

Halfway through the year, the U.S. equity market performance is broadening. That said, market concentration remains incredibly high, while equity and bond correlations sit in positive territory — conditions that scream a call for diversification. Investors are heeding that call, many with alternatives ETFs.

Entering Wednesday, the Russell 2000 and S&P SmallCap 600 indexes were up an average of 20.8% year-to-date, confirming small-cap stocks are back with a vengeance. Arguably overlooked in that scenario, some vibrant ETFs represent higher-quality approaches to smaller stocks.

President Xi Jinping used the rise of China’s AI models to stake his claim on shaping the technology’s global rules, even as their growing power stirs security concerns in Washington and Beijing alike.

A country drowning in energy shouldn't also feel like it's running out of electricity. In other words: before we ask whether America can make more things again, we should probably ask whether America can power the production.

On July 15, Direxion launched the Direxion Daily SK Hynix Bull 2X ETF (SKHL), seeking to replicate double the daily performance of the South Korean semiconductor manufacturers Sk Hynix (SKHY). The fund provides leveraged exposure to the world’s leading supplier of high-bandwidth memory chips. It boasts an expense ratio of 97 basis points.

At any rate, the value of the trophy reflects the value of gold. It’s almost certain that when they play the next World Cup in 2030, the trophy will be worth even more. Or I should say, the value of the dollar we price the trophy in will be less.

As the forces shaping bond markets become more local, the opportunities become more global. From energy stress to fiscal policy to advances in AI, today’s defining market forces are likely to play out differently across regions, sectors and issuers.

For many investors and families, tax planning may become a year-end exercise squeezed into November and December. But by the time the calendar turns to the fourth quarter, many of the most effective opportunities are already limited.

Tax-aware long-short strategies are no longer the exclusive domain of institutional investors. As separate account delivery has expanded access, more advisors are asking whether tax-aware long-short belongs in their clients’ portfolios. Here are five practical considerations to help you decide.

Apple Inc. is again the biggest company in the world after wresting the title from Nvidia Corp., which has held it since May 2025.

Big Pharma has a $300 billion problem, and biotech developers with promising drugs are becoming the fix. Major drugmakers are spending at a pace not seen since 2019 to replace medicines that will soon lose patent protection.

The good news is real. The easy trade is not. Growth has held up, artificial intelligence investment is showing up in earnings and capital spending, and fixed income is offering yields that create serious cushion for portfolios.

Home values fell for a second straight month in June, according to the Zillow Home Value Index. Additionally, after adjusting for inflation, real home values dropped even more sharply, hitting their lowest level in over five years.

Small-cap stocks remain the cheapest corner of the U.S. market. That’s true even after posting their best first-half performance in more than three decades, according to Morningstar’s Q3 2026 stock market outlook.

The bonds sold by hyperscalers to fuel their artificial intelligence ambitions have become a drag on investor portfolios from London to Tokyo.

Industrial production rose less than expected in June, increasing 0.1% after May's 0.1% growth. This was lower than the expected 0.2% growth and marks a 1.1% increase compared to one year ago.

Housing starts in the US surged in June after a sharp drop a month earlier, driven by a rebound in apartment construction.

Building permits fell 3.0% in June to a seasonally adjusted annual rate of 1.367 million. The latest reading missed the forecast of 1.400 million.

Housing starts jumped 19.0% in June to a seasonally adjusted annual rate of 1.427 million, beating forecasts driven by a massive surge in multi-family units.

Investors love an oligopoly. Imagine an industry dominated by a few large, long-standing players. They can earn outsized profits in boom times and avoid crashes thanks to rational capital spending. The existential questions, though, are whether these firms might turn on each other, and is the industry’s entry barrier high enough.

Our baseline outlook still sees the Fed on hold through 2026 amid gradually easing price pressures. But Waller’s comments suggest that after a string of firmer Personal Consumption Expenditures (PCE) inflation prints, the Fed now places greater emphasis on responding if inflation surprises sharply to the upside or proves more persistent than expected, regardless of which factors are driving the inflation. And this raises the stakes for incoming inflation data throughout the year.

As prediction markets draw record trading around events like the World Cup, Jump Trading Group is betting the once-niche contracts are becoming a lasting corner of Wall Street.

Midyear is a useful moment in investing—not because it tells us where we are going, but because it offers a clearer view of how little we truly knew at the start. Six months is often enough time for confident forecasts to meet reality, for consensus narratives to fray, and for the distinction between what sounded plausible and what proved durable to come into focus.

Beyond the obvious differences such as contribution limits, ability to take loans and eligibility requirements, here are some other, lesser-known differences many savers may not be aware of.

Gold and silver traded in a volatile fashion over the past several days as investors weighed conflicting signals from the Federal Reserve, economic data, and geopolitical developments in the Middle East.

David Solomon, decked out in full academic garb, bobbed his head happily and wagged his index finger to the beat of his own AI-generated music.

Private debt is increasingly valued for its potential to help insurers operationally and strategically: support liability matching, improve portfolio design, diversify underlying exposures and, when underwritten well, add resilient excess return.

The rules governing global commodity markets are starting to witness a profound shift, which is putting critical minerals at the forefront of policy. On a recent episode of ETF Guide’s Metals in Motion, Justin Tolman, Senior Portfolio Manager and Economic Geologist at Sprott Asset Management, discussed this dynamic.

A hawkish pivot by the Federal Reserve and resilient U.S. growth could keep the dollar strong, but its gains could be limited by any narrowing of the U.S. interest rate advantage.