Buyers of junk bonds are retreating to the market's more obscure securities as the rise of exchange- traded funds fuels concern that such fast-moving cash is exacerbating price swings.
Deal part of custodian's integration initiative with tech product providers.
On the menu for today's <i>Breakfast with Benjamin</i>, European economic growth falls short of economists' expectations, plus news on Citigroup, ETFs and much more.
Chief executive says leveraged ETFs could 'blow up' the industry, but some ETF fans disagree.
Proponents of the strategy tout its effectiveness in any rate environment.
Personalized financial advice should take cues from the robo-adviser trend/
<i>Breakfast with Benjamin:</i> Carl Icahn warns that stocks are on risky ground. Plus: Interest rates and volatility are raising red flags, one man's take on the Fed-fueled bubble, the SEC is watching for political-donation conflicts, gold gets no respect, and institutional money is chasing solar energy stocks.
<i>Breakfast with Benjamin:</i> Barclays: Following in the footsteps of Sallie Krawcheck. Plus: The volatility play: Cheap but risky, bond managers brace for higher rates, dancing around the issue of student loan debt, and a potato salad venture whets the tax man's appetite.
<i>Breakfast with Benjamin:</i> Buckling up for a rocky second half. Plus: Companies tweak bylaws to tamp down shareholder lawsuits, Morningstar settles software piracy case, JPMorgan embraces smart-beta investing, and buying beer stocks when it's hot outside.
On "60 Minutes," author Michael Lewis made a bland assertion: High-frequency traders, he said, working with U.S. stock exchanges and big banks, have rigged the markets in their own favor. The only surprising thing about Lewis's charge was that anyone could be even remotely surprised by it.
<i>Breakfast with Benjamin</i> The (awesome) value of Twitter. Plus: J.D. Power's annual survey of advisers' job satisfaction, mid-year stock review, yes, ETF cost matters, bringing back volatility, and a car maker returns.