Issuer reduces the expense ratio on the $85 billion iShares Core U.S. Aggregate Bond ETF to 0.03% from 0.04%.
Under Biden's plan, wealthy individuals would owe taxes on the unrealized gains of their assets, in addition to realized gains, a change that would upend long-standing tax principles.
The company has begun adding support for individual retirement accounts and Roth IRAs within its app, as well as pension accounts.
Blank-check companies would be required to disclose more information about their sponsors and potential conflicts of interest under the agency's new plan.
The insurer's life and retirement arm, which has $411 billion in client assets, will be renamed Corebridge Financial once it goes public.
The Fed quickly became more concerned that the surge in food and energy prices caused by the war in Ukraine would entrench inflation — and expectations — at unacceptably high levels.
Competitors, who couldn’t figure out how Morgan Stanley was bidding for block trades at such tight discounts, are now swapping 'I told you so’s.'
Bogle's figurative heirs are charting new paths for the company, the great popularizer of low-cost index funds, and some diehard fans are finding fault.
The tax, dubbed the Billionaire Minimum Income Tax by the White House, would hit both the income and unrealized gains of U.S. households worth more than $100 million.
Instead, retail investors are moving toward buying mutual funds and ETFs, which have roughly doubled their holdings of municipal securities over the last decade.
