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To make a comparison to total-return performance, Pfau used a variable annuity with a lifetime income benefit rider because consumers often feel uncomfortable seeing the premium for a single-premium ...
Columbia and Cornell University were called out in March by Representative Vern Buchanan, a GOP member who serves as vice chairman of the House Ways and Means Committee, when he proposed a bill that ...
US housing starts increased in April as a pickup in multifamily home construction more than offset a decline in single-family dwellings caused by elevated inventory.
Federal Reserve Bank of Atlanta President Raphael Bostic said he expects the US economy to slow this year but not fall into recession, and reiterated that he sees one interest-rate cut in 2025.
Active-passive is a very common investment approach used within the industry, especially among advisors as they're constructing portfolios for their clients. Historically, it's usually been as simple ...
The MSCI Emerging Markets Index excluding China is up 20% from April lows and is set to break out of a 20-year trading range. The benchmark is up about 7% this year as investors seek alternatives to ...
Michael Burry’s Scion Asset Management liquidated almost its entire listed equity portfolio in the first quarter, while taking on fresh bearish wagers on Nvidia Corp. and China-related stocks before ...
The chair of the House’s tax-writing panel said the $30,000 limit his committee put on the state and local tax deduction is “fair” and lawmakers from high-tax states should accept it.
A Florida financial advisor has been sentenced to eight years in prison for stealing client funds and promoting an illegal tax shelter in a scheme over a decade starting in 2013.
“It’s the big institutions that are causing the massive selloffs,” said Michael Antonelli, a market strategist for Baird Private Wealth Management. “Retail is just scooping it up every two weeks, and ...
RBC Wealth Management – U.S. has added a team that managed $500 million in client assets at UBS to its Great Lakes Complex in Syracuse, N.Y., according to a news release.
Moderate House Republicans are lobbying House Speaker Mike Johnson to lessen cuts to several clean energy tax credits in the broad tax and spending bill prior to the GOP’s plans to bring it to the ...
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