The DoubleLine Capital CEO said history will show that the nation was in a recession this month.
Raymond James, JPMorgan, Schwab and UBS have been added to the list of companies sued over cash sweep accounts.
Weeks of declining mortgage rates are helping move more prospective buyers off the sidelines.
They also see the central bank more aggressively reducing rates next year.
Money fund assets have steadily surged this past year.
investors have divergent views on how quickly the Fed will lower rates.
Fixed annuity rates have already started to decrease in anticipation of Fed cuts, advisors say.
The rules aim to reduce limit the dominance of Big Tech and other large companies.
The Fed is widely expected to begin lowering its key interest rate from a two-decade high later this month.
The new data fueled speculation that the Fed will raise rates by half a percentage point this month.
The view that the Fed will kick off its easing cycle on Sept. 18 with a large cut has been gaining traction.
Investors poured cash into U.S. money-market funds for a fifth straight week.
Borrowers want to get ahead potential volatility from the November presidential election.
The rates gave home buyers a crack at the lowest loan costs they've seen in more than a year.
The Fed is widely expected to kick off its easing cycle this month.
Job seekers said finding employment was becoming more difficult and taking longer.
The Democratic nominee is proposing as much as $25,000 in down-payment assistance for some first-time homebuyers.
Mortgage rates have fallen recently on expectations that the Federal Reserve will begin cutting interest rates.
Bond market bulls face the risk of a resilient labor market.
The issuance deluge comes as corporate finance chiefs aim to lock in borrowing costs while yields are relatively low.