FA News

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NFL Ushers In New Era by Allowing Private Equity Ownership

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Transactions involving private equity firms are expected to happen quickly.

Mortgage Rates Drop Again To Lowest Level Since April 2023

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The contract rate on a 30-year fixed mortgage eased for a fourth week to 6.44%.

Warren Buffett Sells More BofA Shares, Reaping $982 Million

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Berkshire Hathaway has trimmed the stake by almost 13% since mid-July.

Goldman Sachs Analysis Sheds Light On Rise Of Commodities In ESG

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ESG portfolios are increasingly including oil, gas and mining stocks, a study by the firm found.

Investors Brace For Junk Debt's Last Gasp Before Election

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Companies are expected to sell between $55 billion to $65 billion of junk bonds and leveraged loans next month.

Madison Avenue Condos Near Empire State Building Hit Chapter 11

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The condos join a handful of notable residential properties that have ended up in Chapter 11 in recent years.

Muni Bargains Abound In Rush To Raise Debt Ahead Of U.S. Election

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State- and local-government bond yields are at the cheapest since late 2023.

'T-Bill And Chill' Is A Hard Habit For Investors To Break

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Money-market funds are thriving even as the Fed prepares to ease interest rates.

Consumer Confidence Rises On Views Of Economy, Inflation

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A measure of expectations for the next six months rose to a one-year high.

Goldman Cuts Oil Outlook Below $80 As OPEC+ Risks Send Chill

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Oil has fallen in recent months as investors fretted about slowing demand growth in China.

Extreme Rain Is A Growing Climate Threat To The Northeast

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Within 12 hours, New York and Connecticut saw two 1,000-year rainfalls this month only 35 miles apart.

Home-Price Gains Outpace Inflation With 5.4% Annual Increase

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While listings are ticking up, house hunters are still struggling to find affordable properties.

The Crypto Revolution Is Just Beginning, Says Ric Edelman

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Advisors must learn how to explain the new asset class to clients, he said.

Duran's Rise Growth Partners Takes Stake In New Jersey RIA

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With its stake in Bleakley, the United Capital founder's new PE firm has made its first investment.

Those With Large IRAs Need Roth Conversions Now, Ed Slott Says

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The expiration of favorable income tax rates at the end of 2025 may clobber clients down the road, he says.

Merrill Lifer With $438M In Client Assets Joins RBC In Colo.

by FA Staff

John Terrion, who had been with Merrill Lynch for 26 years, has moved to RBC's Boulder branch.

Wall Street Firms Pay Half Price Of Retail Buyers In Muni Trades

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The price an investor secures can dictate the yield they receive for decades.

Investors Of Expelled SW Financial Awarded $13 Million By Finra Panel

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The panel said the firm failed to clamp down on aggressive account churning by reps.

Goldman's Rubner Sees S&P 500 Hitting New High This Week, Spurring FOMO

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He said strong flows from corporate buybacks and systematic funds should push the index higher.

Many Americans Willing To Sacrifice Extra Social Security Income

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They fear not having enough savings and that Social Security could be depleted, a Schroders survey says.

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