FA News

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Global Bond Rally Faces Supply Test As U.S. Refunding Starts

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The Treasury kicks off $125 billion of sales this week. It will test the global bond rally.

One Out Of Every 24 New York City Residents Is Now A Millionaire

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Despite the exodus talk, New York City's residents still have more wealth than those in other metros.

Archegos Trial Cast Led By Hwang, CFO And Polo-Playing Trader

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Here are the players in the criminal trial following the collapse of Archegos Capital.

BlackRock Cuts Jobs In Muni Business Under New Leadership

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Patrick Haskell, a former co-head of fixed income capital markets at Morgan Stanley, has taken over.

Will The Lawsuit Against The DOL Fiduciary Rule Prevail?

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Three experts weigh in on the motion for an injunction against the new rule and hopes to vacate it.

Medicare Insurance Fund Can Pay Full Benefits Until 2036

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Medicare's hospital insurance trust fund's viability improves, adding five years.

Grayscale Bitcoin Trust Sees First Inflows Since U.S. ETFs Were Approved

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The ETF has suffered net outflows of about $17.4 billion since it was converted from a trust.

Focus Financial Partners To Merge The Colony Group And Buckingham

by FA Staff

The transaction raised questions about consolidation of other Focus firms.

Raymond James Adds Okla. Husband-Wife Advisor Duo With $200M

by FA Staff

Mike and Shaley Sikes have come over from Edward Jones.

LPL Adds Ex-UBS Advisor With $275M To Independent Platform

by FA Staff

Matthew Sheffield has launched Burlwood Wealth through an affiliation with LPL's Strategic Wealth Services.

Massachusetts Eyes Mansion Tax To Fund Affordable Housing

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The initiative mirrors a measure recently spurned by Chicago voters.

Hedge Funds Turn Bullish On Consumer Stocks Ahead Of Potential Rate Cuts, Goldman Says

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After four weeks of selling, hedge funds last week piled into consumer discretionary stocks.

SEC Warns Robinhood That Its Crypto Business Faces Lawsuit

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The agency has argued that most tokens are subject to its rules.

Morgan Stanley Strategists See Inflation As Key For Path Of Stocks

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The firm says investors are getting mixed messages from key economic data.

Advisor Sues Merrill Lynch Over Alleged ERISA Violations

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The lawsuit maintains the firm broke the law when it denied the advisor his deferred compensation when he resigned.

How Capital Gains Are Taxed And How That Might Change

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This will be a key topic when Donald Trump's tax cuts expire.

Sixth Street, Co-Owner Of NBA's Spurs, Plans To Launch Sports Fund

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The fund will seek to invest in sports teams and leagues, media rights and related businesses.

'Magic Number' For Retirement Saving Growing Faster Than Inflation, Study Says

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The savings Americans say they need to retire has increased 50% since 2020, according to Northwestern Mutual.

Bond Market Parties On As Jobs Data Revive Fed Rate-Cut Bets

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Data showing a softening job market raised investors' hopes for rate cuts starting this year.

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