Word is out among hedge fund managers on how to get tax breaks for giving to charity - without actually handing over their money just yet. They can even keep it in their funds.
Paying down student debt or saving for retirement can seem like mutually exclusive goals. A little-known workplace benefit could soon allow more workers to do both.
Microsoft Corp. is investing $10 billion in OpenAI, whose artificial intelligence tool ChatGPT has lit up the internet since its introduction in November, amassing more than a million users within days and touching off a fresh debate over the role of AI in the workplace.
To determine the places where affluent Americans give the most to charity, we compared 384 metro areas.
In the weeks since the ChatGPT artificial intelligence tool took the world by storm, Nvidia Corp. has emerged as Wall Street’s preferred pick for traders seeking to profit from its potential.
The death of the cheap-money era is redrawing Corporate America’s earnings map - upending a decade of Wall Street wisdom over which stocks are the bargain buys or the high fliers of tomorrow.
There was much mirth online when the US Justice Department announced the arrest of crypto exchange Bitzlato’s founder last week.
Investors, economists and journalists have been talking incessantly about recession for the better part of the past year, and they’re all tired of it.
Artificial intelligence advances in a manner that’s hard for the human mind to grasp.
Making optimistic predictions either makes you look foolish if bad things happen or be forgotten if nothing bad happens.
When should your firm begin to leverage a new offering, if at all? Let’s talk about ESG investing and share three strategies to help your firm discuss and market a new product or service in an authentic, practical, and distinctive way.
Advisors can illustrate the risks in single-stock positions by educating their clients on the historical evidence that demonstrates diversification is the prudent strategy.
It’s big news that Envestnet is moving into the RIA custodial space and will soon be competing head-to-head with its biggest integration partners: an expanded Schwab platform, Fidelity and Pershing. I suspect that this is just the first of many so-called software “platforms” that will jump into the custody competition.
Enforcing big, complex change within an organization is an ongoing struggle, and the rate of success is alarmingly low. What is the challenge?
Ray Dalio, founder of the world’s largest hedge fund, has one.
The America First trade that sent money gushing to the US over the past three years is finally starting to lose its shine as market optimism gravitates back to unloved markets outside of the world’s biggest economy.
Cathie Wood is back to selling JD.com Inc. shares after a hiatus of about six months as Chinese technology stocks see a historic rebound helped by regulatory easing.
Market watchers on Wall Street attribute this week’s stock selloff to the insidious threat of recession.
It’s as close to a sure-thing bet as markets ever offer. When the S&P 500 falls 20% or more, a recession is close behind
The recurring farce of lifting the US government debt ceiling began again this week.
China’s equity benchmark is closing in on a bull market as foreign investors rush to buy local shares on bets that the nation’s economic reopening and supportive policies will accelerate the market’s rebound.
Sales of previously owned US homes fell in December to the slowest pace in over a decade, capping one of the housing market’s worst years on record amid a rapid jump in mortgage rates.
Federal Reserve officials, heartened by an inflation slowdown, are poised to slow the pace of their interest-rate hikes for a second straight meeting and debate how much more they need to tighten to get prices under control.
After a year that brought a surprise surge in interest rates, the biggest stock drop since 2008 and a halt to major deals, plenty of finance executives lined up at the World Economic Forum’s annual meeting to say they now see reasons to be upbeat.
Treasury Secretary Janet Yellen has declared that the US has hit its federal debt limit, kicking off an intense political battle that puts the global financial system at risk.
Amazon.com Inc.’s cloud unit will spend $35 billion on new data centers in Virginia by 2040, underscoring its determination to stay ahead of rivals Microsoft Corp. and Alphabet Inc.
Federal Reserve Vice Chair Lael Brainard said interest rates will need to stay elevated for a period to further cool inflation that’s showing signs of slowing but is still too high.
The greatest financial risk for depleting retirement resources is an unexpected and lengthy stay in a long-term healthcare facility.
Here are seven mindset shifts to stretch your thinking to generate only ideal clients this year.
A correct, affordable and successful industrial policy would create the conditions in which the U.S. and foreign companies will invest in U.S. re-industrialization in their own self-interest.
Reducing the U.S. deficit is praiseworthy. How was that accomplished in 2022?
The US is headed for yet another standoff over the federal debt limit. House Republicans say they won’t raise the arbitrary cap on total borrowing unless President Joe Biden agrees to budget cuts.
A chart breakdown in the S&P 500. Signs of complacency in a closely watched options gauge.
The best start to a year for bond returns is helping fuel an unprecedented debt-sale bonanza by governments and companies around the world of more than half a trillion dollars.
Macro hedge funds, which look at economic trends and take advantage of dislocations across asset classes, had a banner year in 2022.
After 30-year mortgage rates surged past 7% in October, a decline to near 6% in recent weeks has made the start of 2023 look less awful than some had feared.
Bond traders were once deemed so powerful and all-knowing that Tom Wolfe described them as the “Masters of the Universe” in his classic 1987 novel “The Bonfire of the Vanities” that used Wall Street as its backdrop.
US retail sales fell by the most in a year and business equipment production slumped, raising concerns that the economy is losing momentum under the weight of tighter Federal Reserve policy.
BlackRock Inc., the world’s largest asset manager, suggests investors should abandon portfolios made up of 60% stocks and 40% bonds, a mix that has been a standard for six decades.
Federal Reserve Chair Jerome Powell is justifiably proud of the central bank’s independence — and refreshingly candid about its boundaries.
There are several ways to look at Tesla’s deep price cuts in the US and Europe, which came on the heels of two rounds of reductions in the span of 10 weeks in China.
Behind the five-decade low US unemployment rate of 3.5% lies a 2.6 million-person mystery.
Some of the biggest investors in US commercial real estate are looking to cash in before property values slide further.
It is a challenge to design a website that addresses the needs and questions of multiple client types.
There are many reasons advisors should avoid social media marketing.
I learned a lot in 2022. Here were my biggest epiphanies.
I have been in this profession for 25 years and I’ve never seen anything like the young people we are hiring today – lazy, unmotivated, but still thinking they deserve the trophy.
For the past few years, regardless of price, there's been a buyer for every RIA seller. But that won’t continue.
Southwest Airlines cancelled 16,000 holiday flights. It will cost the airline dearly in reputational rage and lawsuits. Will massive Reg BI compliance failures cost BDs?
Meta Platforms Inc.’s market-beating rally of the past few months is failing to convince some skeptics, given how much money the owner of Facebook and Instagram continues to pour into building its version of the metaverse.