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US adults are the second wealthiest in the world on average but who's top?
EQUITIES JUN 20, 2025
US adults are the second wealthiest in the world on average but who's top?

Everyday millionaires increase in volume and wealth, report shows.

By Steve Randall
Trump's wait and see approach to Iran has calmed markets
EQUITIES JUN 20, 2025
Trump's wait and see approach to Iran has calmed markets

Equities gained early Friday, oil prices eased.

By Bloomberg
Fidelity says worst of tariff impacts are over
EQUITIES JUN 20, 2025
Fidelity says worst of tariff impacts are over

International midcaps are gaining among fund's portfolio allocations.

By Bloomberg
Why FX traders are betting on the euro not the greenback
ALTERNATIVES JUN 20, 2025
Why FX traders are betting on the euro not the greenback

Has the European currency started to displace the dollar as a haven?

By Bloomberg
New $10B sport team record as billionaire Mark Waters buys Lakers
ALTERNATIVES JUN 20, 2025
New $10B sport team record as billionaire Mark Waters buys Lakers

Previous record was $6.1B earlier this year.

By Bloomberg
Advisors want simple, flexible alternative investment products, but the market is lagging
ALTERNATIVES JUN 19, 2025
Advisors want simple, flexible alternative investment products, but the market is lagging

Broadridge’s client success expert Tim Kresl says things are evolving amid client demand.

By Steve Randall
Fed: Economic uncertainty 'has diminished but remains elevated'
EQUITIES JUN 18, 2025
Fed: Economic uncertainty 'has diminished but remains elevated'

The Fed's announcement today was largely as expected, keeping the target fed funds rate the same, while assessing new data and balancing all risks ahead.

By Andy Burt
IPO shares' first-day doubling at fastest pace since 2021
EQUITIES JUN 18, 2025
IPO shares' first-day doubling at fastest pace since 2021

Newly public companies are popping at a remarkable rate, though history shows the gains for investors are most often short-lived.

By Bloomberg
Fed keeps benchmark rate in 4.25%-4.5% target range; maintains 'wait and see' stance
EQUITIES JUN 18, 2025
Fed keeps benchmark rate in 4.25%-4.5% target range; maintains 'wait and see' stance

The central bank painted a still-murky policy picture Wednesday, with recent readings of inflation and jobs justifying a hold even as federal debt pressures mount.

By Leo Almazora
Trump blasts 'stupid' Powell again, says another rate hold likely
EQUITIES JUN 18, 2025
Trump blasts 'stupid' Powell again, says another rate hold likely

The president once again criticized the "numbskull" Federal Reserve chair's lack of urgency to lower borrowing costs as the central bank's June decision draws near.

By Leo Almazora
NY Republican Stefanik presses SEC to probe Harvard bond sale
FIXED INCOME JUN 18, 2025
NY Republican Stefanik presses SEC to probe Harvard bond sale

Open letter to SEC Chair Paul Atkins questions whether the Ivy League university withheld material information prior to its $750 million taxable bond offering.

By Bloomberg
Envestnet extends investment offerings with new alts model portfolios
ALTERNATIVES JUN 18, 2025
Envestnet extends investment offerings with new alts model portfolios

The wealth tech giant – in collaboration with Fidelity, BlackRock, State Street, and Franklin Templeton – is offering its advisor and wealth firm users more ways to diversify.

By Leo Almazora
Home prices up 10% at best, but at worst they are down 12%
ALTERNATIVES JUN 18, 2025
Home prices up 10% at best, but at worst they are down 12%

Mixed homeowner fortunes also reflected in rise of home equity, underwater homes.

By Steve Randall
Why traders are already betting on rate cuts one year from now
FIXED INCOME JUN 18, 2025
Why traders are already betting on rate cuts one year from now

Record volumes for this bet have been seen so far this week.

By Bloomberg
EMs slump amid rising Middle East tension, Fed decision
EQUITIES JUN 18, 2025
EMs slump amid rising Middle East tension, Fed decision

Speculation around US involvement puts FX, equities under pressure.

By Bloomberg
Can Morgan Stanley sell Musk AI firm debt if it's burning $1B a month?
FIXED INCOME JUN 18, 2025
Can Morgan Stanley sell Musk AI firm debt if it's burning $1B a month?

Billionaire disputes reports of huge costs for xAI as 'nonsense'

By Bloomberg
Perelman says fire faded his $410M paintings in insurance lawsuit
ALTERNATIVES JUN 18, 2025
Perelman says fire faded his $410M paintings in insurance lawsuit

Case shines light on typically opaque art collector vs. insurer disputes.

By Bloomberg
US annuity sales see sixth straight $100B+ quarter
RETIREMENT PLANNING JUN 17, 2025
US annuity sales see sixth straight $100B+ quarter

The latest LIMRA data release shows continued growth in RILAs, variable annuities, and FRD products, though researchers argue more education is still needed.

By Leo Almazora
Stocks slide amid fresh speculation Trump is considering Iran strike
EQUITIES JUN 17, 2025
Stocks slide amid fresh speculation Trump is considering Iran strike

We know where the Supreme Leader is, says President.

By Bloomberg
Trump takes new debt-focused tack in latest attack on Fed
EQUITIES JUN 17, 2025
Trump takes new debt-focused tack in latest attack on Fed

Economists warn a move to lower borrowing costs risks higher inflation fears, which would ultimately boost debt payments in the long run.

By Bloomberg