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BlackRock-led deal for Panama Ports draws ire from China
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
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
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
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
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
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
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
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
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
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
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?
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
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
INDUSTRY NEWS MAR 14, 2025
Corporate bonds market upended by market turmoil

Both investors and issuers are cautious right now.

By Bloomberg
Is FINRA on the ropes?
REGULATION AND LEGISLATION MAR 13, 2025
Is FINRA on the ropes?

The current legal battle with a broker-dealer, Alpine Securities, is the latest challenge for the industry regulator.

By Bruce Kelly
Advisors' gen AI adoption lags growing interest
FINTECH MAR 13, 2025
Advisors' gen AI adoption lags growing interest

A pair of surveys shed light on how advisors want to use generative AI – and the biggest barriers holding them back.

By Leo Almazora
State Street's private-credit ETF receives lukewarm response
ALTERNATIVES MAR 13, 2025
State Street's private-credit ETF receives lukewarm response

Data show the much-anticipated fund, launched in partnership with Apollo, has only seen two days of net inflows over two weeks.

By Bloomberg
JPMorgan's Dimon joins CEO chorus airing tariff concerns
INDUSTRY NEWS MAR 13, 2025
JPMorgan's Dimon joins CEO chorus airing tariff concerns

Larry Fink and David Solomon are also warning of potential consequences from President Trump's approach to trade policies.

By Leo Almazora
Citing 'egregious conduct,' Finra panel awards Stifel clients a stunning $132.5 million
PRACTICE MANAGEMENT MAR 13, 2025
Citing 'egregious conduct,' Finra panel awards Stifel clients a stunning $132.5 million

“The arbitration panel really threw the book at Stifel,” according to one plaintiff’s attorney.

By Bruce Kelly
What makes a great offsite?
OPINION MAR 13, 2025
What makes a great offsite?

Key ingredients to get the most out of staff meetings away from the office.

By Scott Hanson