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Goldman now expects faster and deeper Fed rate cuts
INDEPENDENT BROKER DEALERS DEC 14, 2023
Goldman now expects faster and deeper Fed rate cuts

Economists believe core inflation will return to target by end of 2024.

IEA says oil demand is slowing sharply
RIA NEWS DEC 14, 2023
IEA says oil demand is slowing sharply

Agency says key countries are showing signs of economic slowdown.

Apple's market value almost as big as France's stock market
EQUITIES DEC 14, 2023
Apple's market value almost as big as France's stock market

The firm's rally continues seemingly unabated.

Citi offers to pay partial bonuses to encourage departures
INDEPENDENT BROKER DEALERS DEC 13, 2023
Citi offers to pay partial bonuses to encourage departures

The bank's offers to a limited number of staff are part of the Wall Street giant's continued restructuring efforts.

Stocks stable ahead of Fed's rate decision
EQUITIES DEC 13, 2023
Stocks stable ahead of Fed's rate decision

Markets expect a hold, but this week's CPI data adds complication.

Does COP28 deal mean the end of fossil fuels?
RIA NEWS DEC 13, 2023
Does COP28 deal mean the end of fossil fuels?

In theory there will be a shift, but don’t expect it to happen fast.

Even the world's No. 1 ESG fund has boosted oil, gas exposure
MUTUAL FUNDS DEC 13, 2023
Even the world's No. 1 ESG fund has boosted oil, gas exposure

$5T fund has made a significant increase in fossil fuels since new regs were introduced.

Apollo hires BlackRock veterans for wealth, insurance units
RIA NEWS DEC 13, 2023
Apollo hires BlackRock veterans for wealth, insurance units

The firm is targeting $1 trillion in assets by 2026.

Consumer prices pick up in bumpy path down for inflation
FIXED INCOME DEC 12, 2023
Consumer prices pick up in bumpy path down for inflation

New data reinforces Fed’s determination to keep interest rates elevated.

CPI data set to open door for Fed cuts, says Bloomberg Economics
RIA NEWS DEC 12, 2023
CPI data set to open door for Fed cuts, says Bloomberg Economics

Tuesday's stats are likely to show US consumer prices have stabilized.