“Current ‘pain trade’ unquestionably is a narrow, Magnificent 7-led, squeeze higher in US stocks and US dollar,” the strategists wrote in a note. A decisive break from current key support and ...

Some hardline House conservatives have called for culling as much as $2 trillion in spending over the next decade.

“Some of our seed capital investors are sitting on the sidelines because the market turmoil has taken people’s eyes off new asset classes,” said Ethan Powell, chief investment officer of Texas-based ...

Sales of previously owned US homes fell in March by the most since 2022 as buyers remained constrained by high mortgage rates and prices.

The moves are the latest efforts by Wamco and Franklin to respond to the crisis that shook the bond manager last year, when US prosecutors criminally charged former co-CIO Ken Leech. They accused him ...

Roberts, who headed a panel titled "The Harsh Reality: Every Marriage Ends" at Financial Advisor magazine’s 10th Annual Invest In Women conference in Boston this week, said many of these women were ...

RBC Wealth Management has recruited a team in Texas that managed $500 million at Merrill Lynch, according to a news release.

Harvard University’s endowment is in advanced talks to sell about $1 billion of private equity fund stakes, at a time when the school faces financial uncertainty compounded by pressure from President ...

The company undershot the Zacks consensus estimate for earnings, logging net adjusted earnings of $2.42 per diluted share, a two cent miss after analysts had estimated $2.44.

Apollo has partnered with State Street Corp. on a private-credit ETF and Lord Abbett on an investment-grade credit interval fund, which typically offers investors a chance to redeem some of their ...

A worrisome form of stagflation is in the offing, threatening severe and lasting consequences for the global economy and world financial markets.

Retirees are concerned that their federal benefits could be cut, but are confident they will live comfortably.