Federal Reserve officials are starting to stake out different views on how fast to raise interest rates as they balance hot inflation against rising stress in financial markets.
German utility RWE AG agreed to buy Consolidated Edison Inc.’s renewable energy assets for $6.8 billion, in one of the biggest green deals in US history.
Investors are primed for any bit of good news to help them forget a brutal quarter for stocks that took this year’s value destruction to $24 trillion. A resilient corporate earnings season might give them that.
Elon Musk showed off a prototype humanoid robot walking and waving its hand, seeking to demonstrate Tesla Inc.’s advances in artificial intelligence.
Unwavering profit projections. Benign chart patterns. Big hedges in the options market. All the things that bulls expected to put a brake on the worst equity selloff in 30 months have just summarily failed.
With investors feeling anxious and looking for answers in these volatile and uncertain economic times, advisors should stick to a basic roadmap to help clients stay the course. Here are four ways advisors can do that.
Short sellers are homing in on Cathie Wood’s pool of exchange-traded funds, undeterred by the rising cost to bet against the Ark Investment Management family.
The money flowing out of crypto-related funds in the third quarter has slowed down, a sign that many bearish investors may have already piled out of the risky asset class.
US long-term inflation expectations continued to ease in September, helping slightly lift consumer sentiment from the previous month despite growing economic uncertainty.
Tesla Inc. is expected to announce record quarterly deliveries as the electric-vehicle giant tries to recover from supply-chain snarls that crimped output earlier this year.
Airlines enjoyed a hot summer, as “revenge travel” and soaring fares lifted the companies. But investors have been reluctant to get on board as recession fears cloud the outlook, leaving the stocks languishing.
Tensions are brewing at work between employees who have returned to the office and those who’ve continued to work from home, according to a survey of US workers.
Sales gurus have taught for decades that people buy from only those they know and like. That’s the wrong advice.
How risky is the stock market for investors who are focused on the long-term real spending their wealth can support, rather than the present value of their wealth?
American companies have had a growing list of reasons to downgrade their ties with China in recent years. Former President Donald Trump’s tariffs. Beijing’s stringent Covid lockdowns. The US-Sino standoff over Taiwan. Political pressure to “friend-shore” supply chains toward nations aligned with Washington. But breaking up, as the adage goes, is hard to do.
Commodities face a daunting set of risks in the final stretch of a turbulent year, from demand disruption and Russia’s escalation in Ukraine to extreme weather and deep policy uncertainty in China.
Federal Reserve Vice Chair Lael Brainard said the US central bank will need to keep interest rates high for some time to bring inflation down, even as she acknowledged the need to watch global financial-stability risks from rising borrowing costs.
The credit-market bears may well be vindicated if the US enters a recession in the next year, but it’s too early to go full-scale Armageddon with predictions about corporate bond spreads.
Employers are now forced to compete with companies all over the country to retain their most prized employees. But that’s not the only problem.
The Biden administration on Thursday reversed course on part of its student debt forgiveness plan and will no longer forgive privately held federal student loans, according to an update to a Department of Education fact sheet.
First they came for factory jobs. Then they showed up in service industries. Now, machines are making inroads into the kind of white-collar office work once thought to be the exclusive preserve of humans.
In a year of volatile markets, the humble I bond has emerged as an unlikely star. Now, there’s a new way to buy them.
This week’s bond meltdown has sent the mean 10-year borrowing cost for Group of Seven countries to its highest in more than a decade, with the average yield surging above 3%. What happens next could set the tone for financial markets and the global economy for years to come.
Their plan has crashed the pound, wrecked the government bond market, and destroyed the Bank of England’s efforts to tighten monetary policy. After such a disastrous start, repairing the damage might be beyond them.
We are committed to developing CE opportunities that fit with the demanding lifestyle of financial professionals while meeting mandatory requirements for CE hours. Our new Ethics CE course will fulfill the two-hour CE requirement for CFP®, IWI, and American College and will be held on Monday, October 17th, 2022, at 1pm eastern.
Unlike with 401(k) plans and other retirement savings accounts, the IRS does not set annual contribution limits for 529 college savings plans. Instead, the states that sponsor individual 529 plans set parameters for the life of the plan.
Bill Bengen’s 4% safe withdrawal rule is the standard by which retirement strategies are measured. But it fails as a practical guide to retirement planning. Here is how to fix it.
In the midst of a historically rough year in the $4 trillion municipal bond market, investment managers see ample opportunity as surging yields provide a compelling entry point.
When stocks plunge, it’s tempting to do something, anything, to regain control of your financial picture. But the odds are that jumping in and out of the market will only hurt your portfolio in the long run.
Amid the stir caused by President Biden’s plan to cancel student loan debts, far too little attention has been paid to another far-reaching reform: the administration’s change to a lending program known as income-driven repayment (or IDR). If widely applied, Biden’s proposal would provide additional relief to millions of borrowers...
As banks get burned from financing billion-dollar buyouts and pension funds grow impatient with private equity’s endless thirst for capital, skepticism is growing louder over the industry’s performance — and whether some of their daredevil deals could result in disastrous losses for their financiers.
Amazon.com Inc.’s annual device event Wednesday showed the e-commerce giant pushing further into wellness, security and the auto industry, underscoring an effort to weave its technology into every part of consumers’ lives.
Apple Inc. is pulling back from plans to increase production of its new iPhones this year. Instead, it will produce about as many as the prior year, in line with its original forecast.
Don’t bother to seek out advice for how to give a killer presentation. Much of what you’ll hear is dead wrong.
Our leadership is forcing changes on us at a rapid pace that don’t make sense.
In the long run, stock prices and returns are anchored by the cash flows that companies provide investors. If profits grow slower than expected, stock return projections must be recalibrated.
Is a 529 plan the right option for your clients? Do you have questions on 529 plans your clients already started? We’ve selected several articles to help answer those questions and learn more.
President Joe Biden’s decision to forgive some federal student debt will cost the US Treasury at least $400 billion, the Congressional Budget Office estimated.
Cathie Wood’s ARK Investment Management has launched a new fund that will give almost any investor easy access to harder-to-trade assets -- though with a limit to how quickly they can cash out.
While everybody's been sweating over the housing and labor markets, the office market has been streaking toward a hard landing.
If a long, ugly recession is in fact going to happen later this year, many investors will want to shift some additional money into cash. There’s good news: In July, yields on many cash-like investments, which means they're virtually risk-free and liquid, started soaring.
In times like these, when nothing seems to work in financial markets, risk parity strategies should act as a sort of shock absorber. It’s a simple concept, really. Unless you have reason to believe one investment is better than another, you should take equal risk in each.
Monday brought a stark warning for Wall Street daredevils: Stocks are still in free fall and bearish sentiment is far from getting exhausted -- especially with hawkish central bankers rattling recession-obsessed markets like this.
When purchasing a home, too often we let our emotions guide us to an impractical choice. As with other “money scripts,” we need to carefully examine our biases before making critical decisions.
I will provide several examples of how to reduce your real estate expenses, thus increasing your practice's profitability.
Low volatility does not mean low risk when it comes to ETFs. By selecting products that minimize losses rather than volatility, advisors can achieve better outcomes for clients.
Gold plumbed its lowest since 2020 while copper and iron ore slumped, as the dollar’s rally to a fresh record added to fears for the global economic outlook.
Virtual money, digital gold, inflation hedge, uncorrelated asset, store of value: those are phrases once used by Bitcoin’s fans to describe the cryptocurrency’s virtues. Its new narrative? A Bitcoin is a Bitcoin.
Insurance protects against losses – fires, floods or a wrecked car. Because of the life-altering consequences of such as loss, clients rarely question the cost of the insurance. When viewed through an analogous framework, the cost of lifetime-income insurance, such as a GLWB, is fairly priced.
Frequent flyers are accustomed to turbulence on some flights. Indeed, many expect it. Despite such anticipation, however, the turbulence can once in a while create significant anxiety among even the most seasoned travelers.
