Industry News

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RBC strategists join peers in downbeat outlook for US stocks
NEWS INDUSTRY NEWS MAR 17, 2025
RBC strategists join peers in downbeat outlook for US stocks

Goldman, Deutsche, JPMorgan have also lowered outlooks for 2025.

By Bloomberg
UBS believes the gold run will go further as haven demand rises
NEWS INDUSTRY NEWS MAR 17, 2025
UBS believes the gold run will go further as haven demand rises

Asset manager has boosted its outlook in response to trade war escalation.

By Bloomberg
Money managers grapple with the new reality of sustainable investing
NEWS INDUSTRY NEWS MAR 17, 2025
Money managers grapple with the new reality of sustainable investing

But do they side with US sentiment or forge their own path?

By Bloomberg
Next generation of women advisors are 'wicked smart'
NEWS PRACTICE MANAGEMENT MAR 17, 2025
Next generation of women advisors are 'wicked smart'

It's about EQ not just IQ - four advisors look back at their own careers while offering hope for the new wave of talent coming through.

Trump eyes no taxes for Americans making less than $150k, says Lutnick
NEWS TAX MAR 14, 2025
Trump eyes no taxes for Americans making less than $150k, says Lutnick

The plan could offer $24,000 in relief for some taxpayers, but experts warn of consequences.

By Leo Almazora
No new trial for convicted GPB Capital executives
NEWS ALTERNATIVES MAR 14, 2025
No new trial for convicted GPB Capital executives

"I've seen lots of denial in this business but this GPB thing take the cake," says one industry executive.

By Bruce Kelly
BlackRock-led deal for Panama Ports draws ire from China
NEWS INDUSTRY NEWS MAR 14, 2025
BlackRock-led deal for Panama Ports draws ire from China

Commentary from state-owned publication blasts sale to investor consortium as "spineless groveling," denting Hong Kong-based firm's stock.

By Leo Almazora
Gold soars past $3,000 as Trump turbocharges record rally
NEWS ALTERNATIVES MAR 14, 2025
Gold soars past $3,000 as Trump turbocharges record rally

Higher interest rates and a strong US dollar, which traditionally act as headwinds, haven't deterred market-stung investors from seeking refuge in the yellow metal.

By Bloomberg
Lipper Awards crown fund industry's top performers
NEWS MUTUAL FUNDS MAR 14, 2025
Lipper Awards crown fund industry's top performers

The fundworld's finest came together in style last night as LSEG Lipper named their top managers and fund families.

By Gregg Greenberg
Edward Jones hit with lawsuit claiming discrimination against white advisors
NEWS BROKER DEALERS MAR 14, 2025
Edward Jones hit with lawsuit claiming discrimination against white advisors

Former advisor alleges an incentive for veteran advisors to give business to women and nonwhite rookies disadvantages straight white male advisors.

By Leo Almazora
New York to toughen up laws to make up for weakened CFPB
NEWS INDUSTRY NEWS MAR 14, 2025
New York to toughen up laws to make up for weakened CFPB

AG Letitia James proposes new consumer protection legislation.

By Matthew Sellers
Buffer ETFs gain steam among rattled advisors and investors
NEWS ETFS MAR 14, 2025
Buffer ETFs gain steam among rattled advisors and investors

Interest has grown in the structured downside-protection strategies, though some advisors and analysts caution against trade-offs.

By Leo Almazora
Wall Street goes all in on White House-backed crypto comeback
NEWS ALTERNATIVES MAR 14, 2025
Wall Street goes all in on White House-backed crypto comeback

Firms that had only dipped a toe in have a chance to go deeper as vision to make the US "the crypto capital of the planet" takes shape.

By Bloomberg
Tesla's Magnificent Seven status in doubt as EV stock tumbles
NEWS EQUITIES MAR 14, 2025
Tesla's Magnificent Seven status in doubt as EV stock tumbles

Declining sales numbers, concerns around Elon Musk, and exposure to tariff risks are casting a shadow over the company's previously unshakable exceptionalism.

By Leo Almazora
S&P 500 correction, but futures rise as government shutdown set to be avoided
NEWS INDUSTRY NEWS MAR 14, 2025
S&P 500 correction, but futures rise as government shutdown set to be avoided

Market volatility remains as trade wars dominate investors' minds.

By Steve Randall
Half of taxpayers are relying on refunds, but DOGE cuts could delay their dollars
NEWS TAX MAR 14, 2025
Half of taxpayers are relying on refunds, but DOGE cuts could delay their dollars

Two tax season surveys reveal confusion, concerns prevalent in tax filing season.

By Steve Randall
Digital asset strategic reserve legislation hits Congress today
NEWS INDUSTRY NEWS MAR 14, 2025
Digital asset strategic reserve legislation hits Congress today

Passing the bill would see the US Treasury holding crypto reserves.

By Bloomberg
US stocks are reeling from tariffs, but how are others doing?
NEWS INDUSTRY NEWS MAR 14, 2025
US stocks are reeling from tariffs, but how are others doing?

Domestic stocks appear to be suffering most from the trade levies.

By Bloomberg
Citi, Apollo offer new private credit option on Boeing deal
NEWS INDUSTRY NEWS MAR 14, 2025
Citi, Apollo offer new private credit option on Boeing deal

It will be a first test of the two financial firm's nascent partnership.

By Bloomberg
Corporate bonds market upended by market turmoil
NEWS INDUSTRY NEWS MAR 14, 2025
Corporate bonds market upended by market turmoil

Both investors and issuers are cautious right now.

By Bloomberg