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BlackRock, State Street cited for blocking green resolutions
RIA NEWS JAN 09, 2024
BlackRock, State Street cited for blocking green resolutions

A report from nonprofit ShareAction finds BlackRock supported just of 20 climate resolutions in 2023 that were analyzed by ShareAction.

Tech gains fade, US inflation in focus
EQUITIES JAN 09, 2024
Tech gains fade, US inflation in focus

Stocks and bonds were down early Tuesday following previous day's bounce.

Bill Gross says 10-year Treasuries are 'overvalued' at 4%
FIXED INCOME JAN 09, 2024
Bill Gross says 10-year Treasuries are 'overvalued' at 4%

Veteran investor says shorter-end notes may make more sense.

Is today the day for spot bitcoin ETF approval?
ETFS JAN 09, 2024
Is today the day for spot bitcoin ETF approval?

The cryptocurrency has eased from a $47K high but is up 10% so far this year.

Why activist investors are set to pull back on ESG campaigns
RIA NEWS JAN 09, 2024
Why activist investors are set to pull back on ESG campaigns

It's all about effectiveness, says consulting firm.

Bitcoin-ETF issuers hope for long-awaited SEC OK this week
ETFS JAN 08, 2024
Bitcoin-ETF issuers hope for long-awaited SEC OK this week

The SEC has until Wednesday to take action on at least one of the applications for bitcoin ETFs.

Congressional deal on spending cap eases risk of shutdown
REGULATION, LEGAL & COMPLIANCE JAN 08, 2024
Congressional deal on spending cap eases risk of shutdown

The agreement, negotiated by Senate Majority Leader Chuck Schumer and House Speaker Mike Johnson, sets the cap for the 12 annual spending bills at $1.59T.

US stock rally reliant on economic growth, says Morgan Stanley
EQUITIES JAN 08, 2024
US stock rally reliant on economic growth, says Morgan Stanley

Strategist Michael Wilson expects 'twists and turns' until greater certainty.

High-yield munis had a great 2023, but this year may disappoint
FIXED INCOME JAN 08, 2024
High-yield munis had a great 2023, but this year may disappoint

Money managers are bearish on continued gains for the US debt assets.

Will US banks be overshadowed by European peers in 2024?
RIA NEWS JAN 08, 2024
Will US banks be overshadowed by European peers in 2024?

Undervalued European lenders may be heading for a stellar year.