A lone gunman entered a Manhattan building at 345 Park Ave, home to the PE firm as well as KPMG and the National Football League. The crisis ended when the gunman took his own life.
Investors await quarterly results from tech giants Microsoft, Meta, Apple, and Amazon, as well as the Federal Reserve's key July rate decision.
Even with greater consensus, it is still unlikely rates will be cut on July 30.
Hopes rising for further softening of trade tensions.
A deal could be a ‘market-clearing event for Chinese stocks’ say strategists.
Trade deals and interest rates high on the agenda for market watchers this week.
Loosening monetary policy and financial regulation increases risk, he says.
But agreements that would reduce rates are still possible.
Musk says firm’s long-term economic outlook remains ‘very compelling’.
Investors should expect sharp rise in capital spending to stay in the race.
“The questions is, how does an asset manager choose opportunities like this to invest in,” one executive said. “What’s the due diligence?”
The new offerings, including managed options on Franklin's canvas platform, come as managed account assets surge in the US to hit $13.7 trillion.
Staffing shortfalls, new policies, and increased demand for clarity create potential speed bumps for tax planning and compliance.
Futures gain following new record high close for S&P 500.
The finance professor and quant investing veteran believes with the right guardrails, artificial intelligence could be trusted to meet the high bar of fiduciary advice.
Invesco, Fidelity, JPMorgan Asset Management reinforce bullish bets.
Patrick Soon-Shiong aims to launch IPO within the next year.
The sought-after amendment to a 2001 FINRA rule would bring the industry in line with the realities of today's retail investors, broker-dealer advocates say.
Continued bullish momentum in the equity markets could quickly turn bearish on disappointment in earnings or less-than-sunny economic data.
Niche corner of derivatives is seeing increased interest in the US.