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Short-term muni bonds swoon after jobs change rate cut calculus
INVESTING FIXED INCOME OCT 07, 2024
Short-term muni bonds swoon after jobs change rate cut calculus

Strategists see the front end of debt curve moving in sync with expectations on Federal Reserve movements.

"Dumb buying"? Costco gold bars a hot commodity as bullion prices break records
INVESTING ALTERNATIVES OCT 07, 2024
"Dumb buying"? Costco gold bars a hot commodity as bullion prices break records

The big-box retailer has become an unlikely hotspot for gold fever, with enchanted Americans looking to ride the yellow metal's rally.

JPMorgan client who lost $50M amid dementia battle denied trial
RETIREMENT RETIREMENT PLANNING OCT 04, 2024
JPMorgan client who lost $50M amid dementia battle denied trial

Case of once-wealthy family highlights risks, raises questions on firms' duties to sophisticated investors suffering cognitive decline.

Treasury yields rise in wake of blowout jobs data
INVESTING FIXED INCOME OCT 04, 2024
Treasury yields rise in wake of blowout jobs data

Market expectations of another supersized Fed rate cut were dented further following the latest Labor department release.

Fidelity's next trick: a muni bond fund-to-ETF flip
INVESTING ETFS OCT 03, 2024
Fidelity's next trick: a muni bond fund-to-ETF flip

The firm's plans to convert two of its municipal bond mutual funds follows similar moves by rivals including BlackRock.

'China dragons' ETF takes flight on Wall Street
INVESTING EMERGING MARKETS OCT 03, 2024
'China dragons' ETF takes flight on Wall Street

The fund tracking offering exposure to nine Chinese mega tech names comes after a record rally in the emerging country's stock market.

Trump-led GOP sweep likely best case for US stocks, say RBC analysts
INVESTING EQUITIES OCT 02, 2024
Trump-led GOP sweep likely best case for US stocks, say RBC analysts

Strategists see the most bullish outcome from a Republican victory, though election volatility would be the biggest X factor.

Columbia set to join other Ivy League names in muni debt market
INVESTING FIXED INCOME OCT 01, 2024
Columbia set to join other Ivy League names in muni debt market

The prestigious college will be the latest in a boom of universities jumping into the muni bond space with a $500M offering of tax-exempt and taxable securities.

Eric Adams woes shouldn't shake investors, says NYC comptroller
INVESTING FIXED INCOME OCT 01, 2024
Eric Adams woes shouldn't shake investors, says NYC comptroller

City's "strong discipline and governance" will prevail over mayor's indictment and related probes, bondholders told.

Fed will adopt more neutral policy "over time," says Powell
NEWS INDUSTRY NEWS SEP 30, 2024
Fed will adopt more neutral policy "over time," says Powell

The central bank governor says policymakers are in no hurry to cut rates, indicating modest moves for its next two decisions.