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SEC Delays Decisions On Invesco, WisdomTree Bitcoin ETFs

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Cryptocurrency advocates have been eagerly waiting for the regulator to approve the first spot bitcoin ETF.

VIX Fear Gauge's Only Competitor Set To Vanish From The Market

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Investors are worried the development will drive up prices and hurt liquidity in the futures market.

UBS Signals Most Of Credit Suisse Investment Bank To Shut

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UBS executives have said they want to cut back riskier trading operations.

Pimco Taps Battered Mortgage Bonds As Credit Gets Expensive

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New mortgage bonds now offer yields that are about 1.66 percentage point higher than Treasurys.

Many Americans Considering Delaying, Reversing Retirement, Survey Says

by FA Staff

Many of the people rethinking retirement said money wasn't the main reason.

iCapital To Launch Alt Investment Portfolio Analysis Tool

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The tool will be offered to advisors sometime next year, the company said.

Vanguard Sees Austerity As Next Focus For Frontier Investors

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Higher global borrowing costs are forcing so-called frontier nations to embrace austerity.

Biden Asks Congress For Short-Term Spending To Avert Shutdown

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Congress hasn't yet approved any of the 12 annual spending bills that typically fund the government.

UBS Is Worth $27 Billion More Than Before Credit Suisse Takeover

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The Swiss lender still has a long way to go to become Europe's biggest bank.

Fed's Preferred Inflation Gauges Rise Modestly, Spending Jumps

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The subdued inflation figures underscore the progress the Fed has made over the past year in taming price pressures.

Ex-Morgan Stanley Exec Sues Firm, Claims He Was Fired Because He's White

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A former managing director has filed a lawsuit against the bank alleging reverse discrimination.

Raymond James Indie Channel Adds Calif. Team That Managed $2.6B

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Summit Financial Group brings 16 advisors to Raymond James Financial Servics.

Treasurys Surge As Weak Data Prompts Paring Of Rate-Hike Wagers

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That data led investors to lower the odds of another Fed interest rate hike this year.

U.S. Court Paves Way For First Spot Bitcoin ETF

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An appeals court overturned an SEC decision that blocked Grayscale Investments' spot bitcoin ETF application.

U.S. Job Openings Decline To 8.83 Million, Lowest Since Early 2021

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It marked the sixth such decline in the last seven months.

Teresa Ghilarducci Says Restoring Social Security Solvency 'Isn't That Complicated'

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The economist offers views on the U.S. debt, retirement age, Social Security and more.

Annuity Sales Hit Record $183 Billion In First Half Of 2023

by FA Staff

The equity market has helped stimulate annuity sales, according to LIMRA.

This Is When Your Client Really Needs To Start Saving For Retirement

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The saving needs to start at the age of 25 for any hope to have at least $1 million for retirement.

Home Prices Climb For Fifth Month Amid Tight Inventory

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A national gauge of prices rose 0.7% in June from May.

More U.S. Firms Offer Student Loan Help To Debt-Burdened Grads

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The share of full-time job listings mentioning student debt repayment programs has more than doubled since 2019.

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