FA News

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Goldman Sees Trump Immigration Moves Shaving U.S. Economic Growth

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Unauthorized immigrants make up one-fifth of workers in landscaping and building services, the firm estimates.

Goldman Says Hedge Funds Turn Bullish On U.S. Stocks, Buy Tech

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After five straight weeks of net selling, hedge funds snapped up U.S. equities at the fastest pace since November.

BlackRock's High-Yield Muni Fund Becomes An Actively Managed ETF

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BlackRock sees active ETFs as vehicles primed to see explosive growth in the coming years.

Musk's DOGE Descends On CFPB With Eyes On Shutting It Down

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The move comes months after Musk posted “Delete CFPB” on his X social media platform.

Trump Tax Cuts' Cost Estimated At $5 Trillion To $11 Trillion

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The Committee for a Responsible Federal Budget estimated the bulk of the cost would come from extending the 2017 Trump tax cuts.

After L.A. Fires Destroyed Mansions, Banks Reckon With Jumbo Loans

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The loans make lenders responsible for the losses should borrowers walk away from their debt.

Social Security Fairness Act Recalibrates Plans

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Some married, divorced and widowed individuals with pensions may see the biggest boost.

Citadel Gives Rare Glimpse Of $57 Billion Gains From Its Largest Funds

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The firm's $1 billion bond offering required Ken Griffin's secretive hedge fund to produce a prospectus for investors.

Brookfield's Wealth Arm Targets $100 Billion From Private Cash

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The Brookfield Oaktree Wealth Solutions division expects the bulk of business to come from rich individuals in the U.S.

Majority Of Advisors Want To Allocate 10% Or More To Private Investments, Survey Says

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That's up from just 45% who were aiming for such allocations last year, according to Hamilton Lane.

Consumer Sentiment Drops To Seven-Month Low On Price Worries

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Consumers expect prices to rise at an annual rate of 4.3% over the next year.

Trump's Threatened Tariffs Fall Far Short Of Paying For Tax Cuts

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Analysts say tariffs proposed by so far would pay for less than a third of Trump's tax cuts.

MFS Predicts 14% S&P 500 Return In 2025

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Historical data points to a continuation of the bull market, MFS strategist Mike Dembro says.

Trump Takes Aim At Private Equity's Favorite Tax Perk Again

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Both Democratic and Republican presidents have attempted to end the tax treatment of carried interest.

BofA Strategist Hartnett Sees U.S. Stock Market's Global Dominance Fading

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Equity markets in Brazil, Germany, the U.K., China and Canada have all yielded higher returns this year.

JPMorgan Sees 'Generational Opportunity' In Private Real Estate

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A correction in private market prices has set the sector up for a rebound, a firm strategist says.

Osaic Sued Over 'Dramatic Underpayment Of Interest' In Cash Sweep Accounts

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The firm is the latest to be sued in the rising furor over low cash sweep rates.

Advisors Looking For Clarity On Alternative Investments, Survey Says

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Advisors want alternative products that are easy to understand and use, a BNY white paper found. traditional ones.

Principal, Pimco See High-Grade Bonds, MBS As Top Bets For 2025

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Credit investors are continuing to bet on shorter-duration bonds.

Trump Will Seek To End Carried Interest, Expand SALT In Tax Bill

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Republicans are also aiming to renew Trump's signature 2017 tax cut law.

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