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US consumer debt nearing pre-pandemic levels, says Bernstein
RIA NEWS JAN 02, 2024
US consumer debt nearing pre-pandemic levels, says Bernstein

Biden administration economic expert says people's finances are 'in quite good shape' despite cost of debt.

Musk back on top as world's wealthiest gain $1.5T
RIA NEWS JAN 02, 2024
Musk back on top as world's wealthiest gain $1.5T

2023 was a good year for the richest on the planet, especially the tech focused.

Markets await US inflation data for rate cut signal
RIA NEWS DEC 22, 2023
Markets await US inflation data for rate cut signal

Personal consumption expenditure gauge is expected to decrease.

Why are large investors returning to bank stocks now?
RIA NEWS DEC 22, 2023
Why are large investors returning to bank stocks now?

Fidelity, Wilmington among the institutions loading up on financial stocks.

Zero-day options not to blame for sell-off, says Cboe
RIA NEWS DEC 22, 2023
Zero-day options not to blame for sell-off, says Cboe

Exchange says hedging activity more likely to be a stabilizer.

Elon Musk slams indexing, regulators in public markets rant
RIA NEWS DEC 22, 2023
Elon Musk slams indexing, regulators in public markets rant

Speaking to Cathie Wood, the billionaire also criticized shareholders.

Investors should prepare to buy the dip as rally eases
RIA NEWS DEC 21, 2023
Investors should prepare to buy the dip as rally eases

Strategists see potential of 8.5% gain for S&P 500 by end of 2024.

Citigroup to exit distressed debt business
RIA NEWS DEC 21, 2023
Citigroup to exit distressed debt business

Wall Street firm is undertaking restructuring to revive investor confidence.

Major US bank becomes first to have a unionized branch
RIA NEWS DEC 21, 2023
Major US bank becomes first to have a unionized branch

Workers in Albuquerque vote to join union, Alaska branch could be next.

Which stock gained 600% this year to become world's top performer?
RIA NEWS DEC 21, 2023
Which stock gained 600% this year to become world's top performer?

Bloomberg data reveals how influencers helped spark interest in the firm.