News

The municipal-bond market is poised to go to infinity — and beyond — with a new financing tool included in President Donald Trump’s tax and spending bill that passed the Senate Tuesday. The ...
The One Big Beautiful Bill Act may be heading for a “big beautiful pothole” now that it has passed the Senate, warned Greg Valliere, chief U.S. policy strategist at AGF Investments.
Financial industry veteran Gordon Ross has been appointed president of San Francisco-based DeVoe & Company, a prominent consulting and M&A advisory firms for RIAs, the company announced. Ross will ...
Bank of America Corp. clients withdrew money from US equities at the fastest pace in 10 weeks, reducing exposure as the S&P 500 capped its best quarter since 2023 to end June at a record. All major ...
Global asset manager Janus Henderson Group and Guardian Life Insurance Company of America have completed a deal for a partnership that will make Janus Henderson the manager for Guardian’s $45 billion ...
Mercer Global Advisors. has expanded its base in the Greater Boston area with the acquisition of O’Brien Wealth Partners, a woman-led firm with $1.1 billion in client assets.
Vanguard Group is planning its debut into an increasingly competitive corner of the $11.6 trillion US exchange-traded fund arena. The Vanguard High-Yield Active ETF would trade under the ticker VGHY ...
It’s a widely held belief among economists that President Donald Trump’s tariffs will boost inflation notably over the next few months. But muted price increases so far have called that assumption ...
The second quarter wrapped up with the S&P 500 and NASDAQ Composite notching all-time highs—a surprising and robust finish to what Ameriprise Chief Market Strategist Anthony Saglimbene called a ...
Donald Trump’s $3.3 trillion tax and spending cut bill passed the Senate Tuesday after a furious push by Republican leaders to persuade holdouts to back the legislation and hand the president a ...
Shorter-dated debt is attractive from an income perspective, said Rieder, CIO of global fixed income for the world’s biggest asset manager. But he said long-duration bonds are growing increasingly ...
Federal Reserve Chair Jerome Powell said he expects the impact of tariffs to show up in inflation data in coming months, while acknowledging that uncertainties remain.