News

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 ...
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.
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.
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 ...
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 ...
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.
The temporary suspension of some tariffs on Chinese imports is likely to ease the panic of empty shelves, higher prices and a recession, but pending an agreement, the risks for businesses and ...
Well-intentioned monetary gifts to special needs families can make them ineligible for federal aid, Rich Yam said.