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Traders bet on big Treasuries rally ahead of Fed's Jerome speech
NEWS FIXED INCOME JAN 29, 2025
Traders bet on big Treasuries rally ahead of Fed's Jerome speech

No rate cut expected today but signals for March are anticipated.

Job cuts, halted programs ordered as Trump shakes up government
NEWS INDUSTRY NEWS JAN 29, 2025
Job cuts, halted programs ordered as Trump shakes up government

Some federal workers have been offered buyouts.

New Edge Wealth, EP Wealth announce managing director hires
NEWS RIAS JAN 29, 2025
New Edge Wealth, EP Wealth announce managing director hires

Firms' appointments expand reach and capabilities for UHNW clients.

What are the key trends that JPMorgan sees for alternatives in 2025?
NEWS ALTERNATIVES JAN 29, 2025
What are the key trends that JPMorgan sees for alternatives in 2025?

Report highlights opportunities for alts investors across asset classes.

How consumers are using their credit cards suggests elevated financial stress
NEWS INDUSTRY NEWS JAN 29, 2025
How consumers are using their credit cards suggests elevated financial stress

New report shows rising levels of delinquencies.

Mobile AI apps surge to $2B market led by ChatGPT
NEWS INDUSTRY NEWS JAN 29, 2025
Mobile AI apps surge to $2B market led by ChatGPT

Artificial intelligence on smartphones is a fast-growing industry.

Changes in fees are coming for advisors. What will that look like?
NEWS RIAS JAN 28, 2025
Changes in fees are coming for advisors. What will that look like?

The traditional asset-based fee advisors charge clients "is going by the wayside," one executive said.

Warren presses Lutnick on ties to outlaw-favored crypto firm
NEWS ALTERNATIVES JAN 28, 2025
Warren presses Lutnick on ties to outlaw-favored crypto firm

The Democratic firebrand is asking how he and his firm Cantor Fitzgerald are dealing with Tether, casting doubt on President Donald Trump's commerce chief pick.

KKR hires exec to focus on 401(k) market
NEWS RETIREMENT PLANNING JAN 28, 2025
KKR hires exec to focus on 401(k) market

The firm in December brought on its first head of defined contribution, signifying a focus to get into 401(k)s and other plans meaningfully.

Leaked HSBC memo shows bank making huge cuts in UK and US to focus on Asia
NEWS INDUSTRY NEWS JAN 28, 2025
Leaked HSBC memo shows bank making huge cuts in UK and US to focus on Asia

Job losses and another blow to London as a financial hub as major lender “simplifies its business.”

As DeepSeek staggers markets, wary investors set to watch Powell's tone
NEWS INDUSTRY NEWS JAN 28, 2025
As DeepSeek staggers markets, wary investors set to watch Powell's tone

A January rate hold is all but certain, but the Federal Reserve chair's first speech during Trump's second presidency could still hold clues on inflation concerns.

Dynasty welcomes $6.4B SageSpring Wealth Partners from Raymond James
NEWS RIAS JAN 28, 2025
Dynasty welcomes $6.4B SageSpring Wealth Partners from Raymond James

In one of the biggest leaps in recent years, the Nashville-based firm with a next-gen focus is embracing full RIA independence.

Carson Group widens California footprint
NEWS RIAS JAN 28, 2025
Carson Group widens California footprint

The acquisitive wealth giant is extending its presence in Sacramento as it welcomes a $365 million advisor duo.

Mission Wealth expands in Texas with Logic Capital merger
NEWS RIAS JAN 28, 2025
Mission Wealth expands in Texas with Logic Capital merger

The deal extends Mission Wealth's footprint into Houston while boosting it to $10.6 billion in assets under management.

Osaic bolsters credit union presence with Navy Federal partnership
NEWS BROKER DEALERS JAN 28, 2025
Osaic bolsters credit union presence with Navy Federal partnership

The investment advisory giant's latest collaboration expands its institutional platform with 69 financial advisors.

Nvidia stock slumps 17% amid DeepSeek shock, but rival shows cracks
NEWS EQUITIES JAN 28, 2025
Nvidia stock slumps 17% amid DeepSeek shock, but rival shows cracks

Chinese startup that upended AI market suffered outages as interest surged.

US banks continue to face challenges, but are better times ahead?
NEWS INDUSTRY NEWS JAN 28, 2025
US banks continue to face challenges, but are better times ahead?

Report considers the outlook for banks and credit unions nationwide.

Trump says 'much bigger' tariffs are coming
NEWS INDUSTRY NEWS JAN 28, 2025
Trump says 'much bigger' tariffs are coming

President says 2.5% is not enough to protect US economy.

Greenback climbs amid Trump's tougher talk on tariffs
NEWS INDUSTRY NEWS JAN 28, 2025
Greenback climbs amid Trump's tougher talk on tariffs

Dollar gained early Tuesday as traders weighed levies' impact.

HSBC can't compete with Wall Street giants, plans scale-back
NEWS INDUSTRY NEWS JAN 28, 2025
HSBC can't compete with Wall Street giants, plans scale-back

Some investment banking operations set to be shuttered in US.