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.
LPL adds direct indexing to its model portfolios program
The enhancement was announced at the firm's Focus 2023 event over the weekend.
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.
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.
Will long-dated Treasuries entice investors?
Or will higher yields repel buyers in the next round of refinancing?
Citi strategists see higher equities after ‘orderly’ sell-off
Chris Montague says last week's pullback has reduced positioning risk.
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.
Democratic bill would require spousal consent for 401(k) distributions
Legislation would extend spousal protections used in pensions to defined-contribution plans.
Ex-Wells Fargo Advisors chief Kowach launching new firm
'Kowach has been laying the groundwork for this since last year,' says one industry source.
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.