Yellen Sees Inflation Key Uncertainty Amid Moderate Growth
But she said it was "premature" to say that inflation won't reach the Fed's 2% target over the next couple of years.
Fidelity Is Said to Dismiss Hundreds of Workers, Axios Reports
Fidelity declined to comment on the report by Axios, which was founded by former Politico veterans Jim VandeHei, CEO, and reporter Mike Allen.
Pimco's Ivascyn Says Trump Jr. Controversy Alters Market Outlook
Likelihood of U.S. reforms dims as distractions increase; the Fed’s path on rates looks gradual as growth prospects slow.
Schwab Expands Commission-Free ETF Offerings
Schwab has added 15 ETFs to the platform, including stock, bond and commodity ETFs, plus one focused on MLPs.
Morningstar’s June Winners & Losers
More than 80 funds get new ratings, while one target date series is placed under review by the research firm.
Gary Shilling: Falling Oil Prices Could End the Stock Market Rally
The economist and money manager who correctly forecast the decades-long bond rally explains why lower oil prices are bad, not good, for stocks.
Assets in ETF Managed Portfolios Increased 17.6% in Q1: Morningstar
These portfolios represent “one of the fastest-growing segments of the managed-account universe,” according to Morningstar.
ETFs Start Year Fast With $245 Billion of Flows in First Half
Fixed income ETFs are on pace to shatter all records this year, SSGA reports.
U.S. Global's New Gold ETF Brings a Quant's Approach to the Metal
Firm uses smart beta factor strategies to target companies; investors have pulled record amounts from gold funds this year.
Goldman Raises Year-End S&P 500 Target
The index target, however, is still slightly below current trading levels.