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Harris Proposes 28% Corporate Tax Rate

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The idea starkly contrasts with her opponent, Donald Trump, who has talked of further lowering the rate.

Icahn's Margin Loan Deal With SEC Caps $19 Billion Wealth Plunge

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The activist investor's wealth has plunged over the past year.

Gold Bars Are Worth A Million Dollars For The First Time

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The precious metal's spot price surpassed $2,500 per troy ounce, an all-time high.

Expectation Of Losing One's Job At Record High In N.Y. Fed Survey

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The July survey found that 4.4% of respondents expect to lose their jobs in the next four months.

LPL Recruits Team That Managed $375M At Wells Fargo

by FA Staff

4Point Wealth Management is joining LPL Strategic Wealth Services in Davidson, N.C.

Catastrophe Bonds Draw Fire After Hurricane Beryl

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Bond investors avoided any payouts after the storm because of the fine print.

NewEdge Wealth Expands To Pennsylvania

by FA Staff

A team of advisors formerly with Morgan Stanley has joined the firm.

Quants Are Poised To Unleash A Wave Of Cash In Stock Market

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Over the past month, so-called systematic funds have sold the largest dollar-volume of equities in four years.

Family Advisor Team With $290M AUM Leaves Baird For Raymond James

by FA Staff

Schmidt Wealth Advisors of Raymond James operates in Fort Wayne.

Retail Sales Beat Forecasts, Defying Calls Of Weaker Consumer

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The report showcases a consumer that's holding up despite higher borrowing costs.

Parents Commit To Saving For College, But Fall Short Of Goals, Fidelity Says

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A Fidelity survey found parents are largely unaware of what it really costs to send a child to college.

Bond Traders See Quarter-Point Cut Next Month As Inflation Ebbs

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Traders lowered the odds of a half-point cut at the next Fed meeting.

LPL, Raymond James Among Firms Fined $393M In Latest WhatsApp Cases

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The SEC continues to pursue firms that fail to keep records of their employees' electronic communications.

U.S. Court Strikes Down Missouri ESG Rules Targeting SEC Advisors

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The court declared the regulations unconstitutional and outside the authority of state regulatory powers.

JPMorgan Is Selling A New Type Of Mortgage Credit Risk Transfer

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The assets involved are “jumbo” loans originated by JPMorgan to borrowers with strong credit scores.

2025 Social Security COLA May Be Lowest Since 2021, Report Says

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The COLA forecast has dropped from 2.63% to 2.57% last month, the Senior Citizens League said.

Growth Equity Most Popular Private Equity Sub-Strategy, Survey Says

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The survey by Crystal Capital Partners found that technology was the top sector among private equity investors.

Cadaret Grant To Pay $6 Million For Reg BI Violation, SEC Says

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Cadaret's parent company, Atria Wealth, is set to be bought by LPL Financial in a deal announced in February.

Jensen Investment Launches Its First ETF

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The Jensen Quality Growth ETF focuses on large caps with "sustainable competitive advantages," the firm said.

Producer Prices Rise Less Than Forecast, Dragged By Services

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Stock-index futures and Treasuries rose after the report.

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