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  • News
  • August 8, 2023

Wall Street to pay hundreds of millions more for WhatsApp use

Wells Fargo units agreed to pay $125 million to the SEC and $75 million to the CFTC.

  • News
  • August 8, 2023

LPL adds direct indexing to its model portfolios program

The enhancement was announced at the firm's Focus 2023 event over the weekend.

  • News
  • August 8, 2023

Higher income households more likely to have long-term credit card debt

Those with earnings at least $100K are more than twice as likely to have held credit card debt for 5 years or more.

  • News
  • August 8, 2023

Investors cautious after US banks ratings downgrade

Moody's has cut ratings on several smal-l and mid- tier banks, meanwhile China data is adding to concerns.

  • News
  • August 8, 2023

Will long-dated Treasuries entice investors?

Or will higher yields repel buyers in the next round of refinancing?

  • News
  • August 8, 2023

Citi strategists see higher equities after ‘orderly’ sell-off

Chris Montague says last week's pullback has reduced positioning risk.

  • News
  • August 7, 2023

Cathie Wood predicts SEC will approve multiple bitcoin ETFs at once

The ARK Investment Management CEO backed away from her previous view that her firm's spot-bitcoin ETF would be the first to be approved.

  • News
  • August 7, 2023

Democratic bill would require spousal consent for 401(k) distributions

Legislation would extend spousal protections used in pensions to defined-contribution plans.

  • News
  • August 7, 2023

Ex-Wells Fargo Advisors chief Kowach launching new firm

'Kowach has been laying the groundwork for this since last year,' says one industry source.

  • News
  • August 7, 2023

How the end of the student loan pause could affect retirement saving

Next year, more employers will start offering 401(k) matches for workers who don't contribute but are paying down loans.