FA News

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N.Y.'s Hochul Floats Sending $300 Checks To Millions Of Residents

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New Yorkers would begin receiving the checks in the fall of 2025 if the legislature approves the initiative.

Hammack Says Fed ‘At Or Near' Point Of Slowing Rate Cuts

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The Cleveland Fed president said decisions will be based on incoming data.

Households' Views Of Finances Are Brightest Since Early 2020

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Nearly 38% of consumers foresee being somewhat or much better off, a Fed study found.

Vanguard Creates New Wealth Management Advisory Division

by FA Staff

The unit will be headed by the former president of personal investing at Fidelity.

Massive Wealth Transfer Will Give Women $34 Trillion By 2030

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A spike in female fortunes is set to transform investing and philanthropy around the world.

Pimco Sees ‘Vigilance Before Vigilantism' On Rising U.S. Deficit

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The bond investor says it has been reducing allocations to longer-dated bonds.

Late To Party, Morgan Stanley Jumps On Reddit Bandwagon

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Analyst Brian Nowak's new price target of $200 implies 23% upside.

Bill Gross Is On The Alert As Momentum Mania Sweeps Wall Street

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The retired Pimco co-founder warned investors about the gambling spirits sweeping markets.

Trump Tells NBC He Has No Plan To Remove Powell As Fed Chair

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The president-elect has previously said he should have a say in monetary policy and the setting of interest rates.

'Bond Vigilantes' Still Hibernating As The Market Sizes Up Trump 2.0

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Some worries about a too-hot economy had already been priced in before election night.

Oppenheimer's Stoltzfus New Top S&P 500 Bull With 7,100 Target

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The S&P 500 has advanced about 28% this year, its best showing since 2019.

Without Organic Growth, Most M&A Is Futile: BlackRock/Ensemble Practice

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Analysis by BlackRock/The Ensemble Practice says young investors, happy employees and diversified leads breed success.

Goldman Explores Sale Of Platform Clients Use To Launch ETFs

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The bank is exploring strategic alternatives that might mean selling its ETF Accelerator platform.

Advisors Are Establishing Their Own Networks To Win Clients, Says DFA

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Still, the largest source of new clients for high-performing firms is M&A deals.

Fear Over Trump Tariffs Sending Americans Into Debt, Study Shows

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Fear of rising tariffs has led one in three Americans to stockpile items, says CreditCards.com.

Osaic Partners With HarborOne Bank To Boost Institutional Assets By $114M

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The broker-dealer is beefing up its community bank and credit union channel.

Carson Group President Teri Shepherd To Exit Company

by FA Staff

She joins a list of company leaders, including its CEO, to announce their departures in recent months.

Yellen Warns Financial System Still Faces Commercial Real Estate, Crypto Risks

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The Treasury secretary stressed the importance of a strong Financial Stability Oversight Council.

State AGs Threaten Biden Over Student Loan Forgiveness Plan

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Republican attorneys general have won 10 of 10 challenges against White House loan forgiveness schemes.

BlackRock Sees Retail Traders Snapping Up Muni Bonds In 2025

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The firm thinks retail buyers will be eager to help digest a flood of new issues.

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