This led to an “extreme concentration in Tesla” that came with corresponding risks, DeVocht claims. When the stock soared in 2021, it paid off — his portfolios surged to C$415 million from C$186 ...

Former Treasury Secretary Larry Summers said the Federal Reserve’s decision to cut interest rates last month was a mistake after new data showed that US job growth last month topped all estimates.

Released early Friday, the “dinger” of a jobs report, as JPMorgan Chase & Co. chief US economist Michael Feroli called it, almost immediately reduced expectations among economists and investors that ...

The United States has adopted increasingly protectionist policies over the past few years, raising tariffs, revising or withdrawing from free-trade agreements, and restricting trade with countries ...

Jerry D. Prince is the director of Integrated Academy, part of Integrated Partners, a leading financial advisor firm. Russ Alan Prince is a strategist for family offices and the ultra-wealthy. He has ...

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 ...

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 ...

Thrivent Investment Management has agreed to a $25,000 penalty for Regulation Best Interest violations involving rep recommendations that inflated costs for 529 college savings plan investors, the SEC ...

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%.

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 ...

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 – ...

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 ...