FA News

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NYC Apartment Renters Get A Break But Bargains Remain Elusive

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Manhattan rents have been sliding for five months, but they remain relatively high.

Harvard President Garber Says He's Disappointed By Fundraising

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Harvard has been in crisis since the Hamas attack and Israel's subsequent invasion of Gaza.

BlackRock Enters New League With $450B In Alternative Assets

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BlackRock's alternative assets tally puts it closer to industry leaders like Blackstone and Apollo.

401(k) Investors Want Private Investment Options, Schroders Survey Says

by FA Staff

They want the option even though most investors view the private market as "risky."

EP Wealth Advisors Teams With Opto To Offer Private Investments

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The partnership will allow the $26 billion RIA to offer “institutional-type portfolios at scale,” the companies said.

BlackRock Hits $11.5 Trillion Of Assets With Private-Market Push

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BlackRock is positioning itself as a single place for global clients to invest across public and private markets.

JPMorgan Posts Surprise NII Gain, Raises Key Revenue View

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Despite the strong showing, CEO Jamie Dimon offered a somewhat gloomy economic outlook.

What You Need To Know About Investing In China's Volatile Stock Market

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There's massive confusion over whether China is poised for a true comeback.

Much Of Milton's Worst Damage Came From Wind, Not Water

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The storm surge that swamped Florida's west coast was about half as high as forecasters had feared.

BofA's Hartnett Recommends Buying Any Dips In Chinese Equities

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Investors poured a record $39.1 billion into Chinese equity funds in the week ended Oct. 9, the BofA team said.

Younger Millionaires More Focused On Donating Their Time, Survey Says

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Among the wealthy, older adults are more focused on making monetary donations, a Bank of America survey found.

FLX Networks Enhances Due Diligence Feature

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The enhancement turns due diligence into a "dashboard experience," FLIX's CEO said.

Trump Promises To Nix Expat Double Taxes, Make Car Loan Interest Deductible

by FA Staff

It's the latest in a series of tax cuts the Republican presidential nominee has floated during the campaign.

Don't Panic Over Disappointing Social Security COLA, Advisors Say

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Planners talk about how to cope with high prices and limited income growth during retirement.

Social Security COLA Hike Drops To 2.5% In 2025

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Consumer advocates argued that the boost doesn't provide enough relief to senior citizens.

Millennials, Women Biggest Beneficiaries Of 'Great Wealth Transfer,' Equitable Says

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Most inheritors are looking to manage their new wealth with the help of an advisor, according to the Equitable survey.

PE-Backed Firms Suffering Higher Default Rates, Moody's Says

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They defaulted at twice the rate of non-private equity-backed companies from January 2022 to August of this year.

CPI Rises More Than Forecast, Stalling Inflation Progress

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The so-called core consumer price index increased 0.3% for a second month.

Wall Street Pros Avoid Election Bets With Race Too Close To Call

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The chance of either party sweeping the presidency and both houses of Congress is considered low.

Catastrophe Bonds Dodge Worst-Case Scenario After Milton Hits

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Milton made landfall as a Category 3 hurricane, weaker than originally forecast.

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