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Prudential Attempts To Tap Into Growing Hispanic Market

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The company has launched a certification program to help its advisors serve the minority community.

Muni Bonds Set For Best Third Quarter Since 2011 On Surprise Rally

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The muni market is poised to see a gain of 0.9% during the month.

Quant Hedge Funds Trapped In Short Squeeze After China Glitch

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The losses come as many quants are still recovering from China's stock market meltdown in February.

Sen. Warren Claims Insurance 'Kickbacks' Cost Retirement Savers Billions

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Companies are rewarding annuity agents with lavish vacations and cash bonuses, her staff says in a new report.

Private Debt Funds Fear Creditor Violence Spread, Moody's Says

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As too much money chases too few deals, covenants are weakening.

Consumer Sentiment Rises To Five-Month High On Economy Views

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Consumers expect prices to rise at an annual rate of 2.7% over the next year.

Trump Media Co-Founders Moved Quickly To Cash In Their Stake

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The former president and current Republican nominee has insisted he has no plans on selling shares.

Fed's Favored Inflation Gauge, Consumer Spending Barely Rise

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Treasury yields and the dollar fell on expectations the figures will keep the Fed on track for more rate cuts.

Wall Street's ETF Assets Hit $10 Trillion Milestone

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Mutual funds have been bleeding assets as investors switch to the more liquid, tax-friendly structures.

BofA Strategist Hartnett Sees International Stocks Among Best China Plays

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Emerging markets and commodities could also benefit from China's stimulus measures, he said.

Lack Of Emergency Savings Hurting Employee Retirement Readiness, EBRI Finds

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Employees with debt are contributing less to plans and are more likely to take out 401(k) loans.

Is That $1.8 Million Retirement 'Magic Number' Just Clickbait?

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Financial planners say headlines telling people they need a million or more to retire do more harm than good.

57% Of Wealthy Investors Favor Kamala Harris In UBS Survey

by FA Staff

Donald Trump, however, won the support of 53% of surveyed business owners.

Mortgage Rates Fall For Third Week To Lowest In Two Years

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But buyers waiting for mortgage rates to drop much more may be disappointed.

Citi, Apollo Join Forces In $25 Billion Private Credit Push

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The two Wall Street heavyweights will arrange financings for corporate and private equity clients.

Advisors Becoming More Comfortable With AI, Orion Finds

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The study also found that advisors see high-net-worth clients as the key to success.

Yellen Sees Housing Costs Coming Down, Enabling 2% Inflation

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She also said there's “a little bit more slack” now in the US job market."

Dynasty Financial Names New COO And Chief Growth Officer

by FA Staff

The Florida firm also named a new head of core services.

Buffalo Bills Fans Snap Up Stadium Bonds In Tax-Shy New York

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The bonds are exempt from taxes in a state with one of the highest levies in the U.S.

Goldman Survey Finds 60% Of Workers Will Delay Retirement For Lack Of Assets

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Do-it-yourself investors and Gen Xers were among those faring worst in saving for retirement, the survey found.

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