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Grayscale plans to clone its bitcoin fund, which has lost billions
ALTERNATIVES MAR 12, 2024
Grayscale plans to clone its bitcoin fund, which has lost billions

Fees for the new ETF aren't yet listed but are expected to be lower than the fees for the existing fund.

US growth strategy will take time, says UBS CEO
WIREHOUSES MAR 12, 2024
US growth strategy will take time, says UBS CEO

'We need to have a better footprint in the US,' Ermotti says.

Core inflation comes in higher than expected for second month
RIA NEWS MAR 12, 2024
Core inflation comes in higher than expected for second month

The latest consumer price index reinforces the Federal Reserve's cautious approach to cutting rates.

JPMorgan chief says US recession is not 'off the table' yet
RIA NEWS MAR 12, 2024
JPMorgan chief says US recession is not 'off the table' yet

Jamie Dimon believes expectation of a soft landing are too high.

BofA joins top bulls in outlook for S&P 500
EQUITIES MAR 12, 2024
BofA joins top bulls in outlook for S&P 500

Strategists boost earnings expectations tying BMO, Deutsche Bank.

Wristy business? Luxury watches turn back time
RIA NEWS MAR 12, 2024
Wristy business? Luxury watches turn back time

Report reveals demand for rare timepieces has weakened.

Biden's budget proposal would hike taxes on investors, businesses
REGULATION, LEGAL & COMPLIANCE MAR 11, 2024
Biden's budget proposal would hike taxes on investors, businesses

The president wants to raise the capital gains tax rate to a base of 39.6 percent, up from 20 percent, and establish a minimum tax rate of 25 percent on households worth at least $100 million.

US futures retreat ahead of data-heavy week
RIA NEWS MAR 11, 2024
US futures retreat ahead of data-heavy week

Investors are awaiting US CPI stats Tuesday among other releases.

Bitcoin sets new record at $71,000
ALTERNATIVES MAR 11, 2024
Bitcoin sets new record at $71,000

ETFs continue to drive demand for the cryptocurrency.

Bond investors want more EU debt amid Russia tensions
FIXED INCOME MAR 11, 2024
Bond investors want more EU debt amid Russia tensions

Higher defense spending is on the agenda to boost AAA-rated bonds.