Mark Claudio, a 30-year-old in New York who has about $23,000 in federal student loans, is annoyed the Biden administration forgave the debt of some students but not others. And even if he did start ...

Swaps traders are now factoring in a little over 50 basis points of interest-rate cuts from the US central bank before the end of the year, down from more than 60 on Thursday. The yield on ...

The fails subsided at the end of September when last month’s reopening of the 20-year settled, making the maturity more plentiful in the bond-lending market. But these recurring episodes are another ...

For advisors who have business-owner clients looking to sell their company, filing a form that steps up the tax basis of the business’s assets can increase the price the owner receives by 10%.

Securing a snappy ticker is a high-stakes mission in the $10 trillion exchange-traded fund arena. For issuers launching funds riding the boom in single stocks – Tesla Inc., Apple Inc. and more – ...

“Pretty much 50% of the population lives within miles of the sea, more exposed to hurricanes and with an aging infrastructure ...

Nestled in North Carolina’s bucolic Blue Ridge mountains far from the coast, Asheville was supposed to be a refuge from extreme weather supercharged by climate change. Waves of tourists, retirees and ...

Federal Reserve Bank of Chicago President Austan Goolsbee reiterated interest rates need to come down over the next year by “a lot.” Goolsbee emphasized how the central bank’s narrow focus on ...

The two funds impacted are the $170 million Fidelity Municipal Bond Index Fund and the Fidelity Municipal Core Plus Bond Fund, which has less than $70 million in assets. Both are expected to be ...

Wealth Enhancement Group has acquired FinTrust Capital Advisors, a Greenville, S.C.-based hybrid registered investment advisor that oversees more than $2.39 billion in client assets, according to a ...

Interactive Brokers Group Inc. is getting into the action on election bets. The online brokerage, founded by billionaire Thomas Peterffy, said Thursday it is offering users “forecast contracts” with ...

Credent Wealth Management, based in Auburn, Ind., has acquired a Cincinnati-based advisor that manages $450 million in client assets.