Homebuyers in the US canceled purchase contracts at a record pace as economic and political uncertainty gave them cold feet. About 14.3% of sales agreements fell through in January, up from 13.4% a ...
“There are, we think, reasons to be long-term cheerful,” Alex Saunders, research strategist at Citigroup, said in a note on Friday. “Clarity on regulation should deliver more opportunities to innovate ...
Treasuries — the benchmarks that help set prices for everything from company debt to home loans, to other nation’s bonds — are still broadly considered the safest securities in US markets.
“Hot money that chases Bitcoin, or any speculative trade, flows out as fast as it entered when prices start falling,” said Michael Rosen, chief investment officer at Angeles Investments. “It’s a good ...
LPL Financial’s Chief Equity Strategist Jeff Buchbinder is not predicting a bear market for 2025, but he is warning advisors to wait until the next dip before buying equities. The reasons are myriad, ...
Billions of dollars flowed between several BlackRock products on Thursday as a result. Among the most notable flows was a record $2.3 billion influx into the iShares 10-20 Year Treasury Bond ETF (TLH) ...
The CFP Board of Standards has released a generative AI ethics guide to help advisors incorporate this new technology into their business while adhering to a fiduciary’s best practices. The eight-page ...
BofA’s Hartnett said the most likely policy response to a further retreat in stocks, bond yields and the dollar due to slowing US growth would be interest rate cuts from the Federal Reserve, followed ...
The Social Security Administration has cut half of its outsourced information technology spending, slashing expenditures for private-sector contractors as part of an effort to keep full-time staff ...
Additionally, business owners using payment apps like Venmo and PayPal will now receive a tax form called a 1099-K to assist in filing. And in sad news for fans of I bonds: You can no longer use your ...
LPL Financial has launched LPL Alts Connect, an alternative investments platform that the firm says will streamline the purchasing process for advisors and includes tools designed to speed up workflow ...
The regulator's worries center on the fund's liquidity, its name and its ability to comply with valuation rules.
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