Investors with an advisor contributed 15% of their income to their 401 (k), compared with 10% among self-directed participants, the survey found. In addition, 66% of advised participants contributed ...
Whether or not to build It has felt like the housing market nationally ground to a halt once mortgage rates first rose above 6% in September 2022. But beneath the surface, there’s been a lot of change ...
New York on Jan. 8 and close at 9:30 a.m. the following morning. Stock futures trading will resume at 6 p.m. on Jan. 9. The closures are part of a long-standing American tradition in which financial ...
Miller joined First Eagle Investments in January after nearly three decades at Nuveen. Investors plowed almost $4.4 billion into his First Eagle High Yield Municipal Fund this year through November, ...
Citadel founder Ken Griffin was only half right last month when he said the multistrategy hedge fund boom had “come and gone.” Yes, the amount of money these multimanager funds oversee has dipped from ...
Most of them relate to the bond market, because it is both a window into the overall economy and an important component of how stocks and other risky assets are valued. Data for equities, commodities ...
Smithy: The driving force behind compensation changes is that firms are looking to align business operations with overall profitability goals. Firms must remain nimble in a competitive market, and the ...
Pending sales of US homes increased for a fourth month in November to the highest level since early 2023 as homebuyers gave up hopes for lower borrowing costs.
Category Leader Among a crowded field of spot-Bitcoin ETFs, IBIT stands out. It reached over $50 billion five-times quicker than the next fastest exchange-traded fund, BlackRock’s own iShares Core ...
Institutional investors are joining the parade to exchange-traded funds, with most of them telling Cerulli Associates they expect to increase their allocation to the increasingly popular investment ...
Binky Chadha, chief US equity and global strategist at Deutsche Bank, has been among the bullish cohort on Wall Street for the past three years. His 2025 target of 7,000 points is among the most ...
Bloomberg Economics forecasters estimate household outlays advanced 2.8% in 2024 — faster than in 2023 and nearly twice their projection at the start of the year.