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Top Vacation Spots Are Now Threatening Bad Tourists With Jail

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Fines, prison time and deportation are just some of the tools that hot destinations are using to tame unruly visitors.

ETFs May Account For 10% Of Bitcoin Market Value If Approved, Bernstein Says

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Bernstein said it expects that regulatory approval will create its own “growth flywheel.”

Rockefeller Adds Ex-UBS Team With $878M In New York City

by FA Staff

The six-member team operates as Oryx Legacy Partners and is led by Angela Mwanza.

Plan Now For 2026 Tax Law Sunset, Advisors Warn

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Advisors say it's crucial to plan now for tax law changes that may not happen for several years.

Hedge Funds Prepare For Legal Battle With SEC Over Fee Disclosures

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The new rules would require hedge funds and private equity firms to disclose details of what they charge investors.

Bankers Hate Saying 'ESG' But Are Hardwiring It Into Their Work

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An overwhelming majority of surveyed investors want politicians to stop interfering.

San Francisco Prices Are Sinking, And Property Owners Want A Tax Cut

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Some of the world's biggest landlords have filed for assessment cuts.

Bond Market Sees No End To Tumult As Fed Casts A Hawkish Shadow

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Investors anticipate that Treasurys will continue to be whipsawed by heightened volatility.

Goldman Pencils In First Fed Rate Cut For Second Quarter Of 2024

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Fed policymakers in March 2022 began ramping up their target for the benchmark rate to a range of 5.25% to 5.5%.

Biden Fears China Economy Is 'Ticking Time Bomb'

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President Biden said at a political fundraiser that China was in “trouble” because its growth has slowed.

Housing Market Recoups $3 Trillion Lost In Recent Slowdown

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A shortage of listings has pushed up prices, boosting the total value of US homes to a record $47 trillion.

As Student Loan Repayments Restart, Tax Issues Linger, Tax Foundation Says

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Some borrowers could still face tax obligations if their loans are forgiven, the foundation says.

Lack Of Time For Clients Driving Advisors To Retirement, J.D. Power Says

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Client time is being eaten away by administrative and compliance-related tasks, a survey of advisors found.

Market Is Mispricing Impact Of Biden's Inflation Reduction Act, Goldman Says

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The IRA will channel up to $3.3 trillion into renewable tech and other areas over the coming decade, the firm says.

How The Maui Wildfires Became So Destructive, So Fast

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Heavy winds have fueled an inferno that has seared a landscape of invasive grass covering many thousands of acres.

JPMorgan Strategist Urges Investors To Stay In Stocks After July CPI Report

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David Kelly said he's "convinced that inflation is going to get down to 2% on its own."

Emerging Markets Cap Week Of Selling Everything With China Link

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Sentiment was kinder toward emerging markets less directly exposed to China's economic travails.

Florida's 'Last Resort' Property Insurer Is Now State's Biggest

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The number of properties insured by the nonprofit Citizens Property Insurance Corp. has tripled since 2020.

Treasurys On Track For Record Year Of Inflows, BofA Says

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Flows into Treasurys this year are trending toward $206 billion.

Fidelity, Vanguard TDFs Have Underperformed Balanced Funds, Morningstar Says

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Researchers found a significant performance gap, mainly because of poor performance by non-U.S. equities.

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