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Most Americans financially OK, but worries remain, finds Fed
RIA NEWS MAY 21, 2024
Most Americans financially OK, but worries remain, finds Fed

Annual survey reveals continuing concerns on inflation, the weight of housing expenses, and new data on childcare costs.

Nobel laureate Krugman “fanatically confused” on interest rates
RIA NEWS MAY 21, 2024
Nobel laureate Krugman “fanatically confused” on interest rates

With arguments for both sides, the distinguished prizewinner says anyone claiming to know the medium-term direction of borrowing costs “is deluding themselves.”

Ether ETF hopes boost crypto the most since November 2022
RIA NEWS MAY 21, 2024
Ether ETF hopes boost crypto the most since November 2022

Investors are betting that the SEC will greenlight new funds.

CFTC to issue carbon credits rulebook by year end
RIA NEWS MAY 21, 2024
CFTC to issue carbon credits rulebook by year end

Regulator wants to ensure integrity in embattled market.

FDIC chair to quit after report reveals stalking, harassment, homophobia at agency
RIA NEWS MAY 21, 2024
FDIC chair to quit after report reveals stalking, harassment, homophobia at agency

Bank regulator leader will go when successor is found.

Ivan Boesky, central figure in 1980s insider trading scandal, dies at 87
RIA NEWS MAY 20, 2024
Ivan Boesky, central figure in 1980s insider trading scandal, dies at 87

Exposed and convicted after an SEC investigation, the real-life Gordon Gekko and poster child for Wall Street excess leaves behind a checkered legacy.

JPMorgan unveils AI training push for new hires
RIA NEWS MAY 20, 2024
JPMorgan unveils AI training push for new hires

The transformational technology has permeated the firm and helped cut “no joy work,” says asset and wealth management head.

Stocks waiver, metals gain as markets digest Middle East news
RIA NEWS MAY 20, 2024
Stocks waiver, metals gain as markets digest Middle East news

Iran's president has died in a helicopter crash.

Morgan Stanley's prominent bear turns bullish on US stocks
RIA NEWS MAY 20, 2024
Morgan Stanley's prominent bear turns bullish on US stocks

Michael Wilson's gloomy 2023 outlook has not materialized.

EM corporate bonds compensation at six-year low
RIA NEWS MAY 20, 2024
EM corporate bonds compensation at six-year low

But investors remain committed to the strategy with optimism.