LPL, Edward Jones Among 5 Firms Ordered to Pay $29M Over Excessive Commissions
By Melanie WaddellThe firms charged nearly $19 million in unreasonably high commissions over five years, state regulators say.
June 09, 2025
10 Good, Cheap Stocks to Buy Now: MorningstarThese companies have good managers, predictable cash flows and are trading at a discount, Morningstar's Margaret Giles writes.
June 07, 2025
Supreme Court Gives DOGE Access to Social Security DataThe disputed data includes Social Security numbers, tax and earnings records, and bank and credit card information.
June 06, 2025
Debate: Does Auto Loan Interest Warrant a Tax Deduction?The Trump administration has proposed an above-the-line deduction of up to $10,000 per year.
June 06, 2025
BlackRock to Eliminate About 300 Jobs in Second Cut This YearThe cuts represent about 1% of BlackRock's workforce.
June 06, 2025
Caring for Parents, Adult Children Often Means Financial Sacrifice: SurveyThree-quarters of adults in multigenerational households said they had to make unexpected financial changes, a survey finds.
June 06, 2025
Sammons to Buy $8B Wealthcare From NewSpringThe acquisition will enable Sammons Financial Group to expand further in the wealth management space.
June 06, 2025
JPMorgan Now Sees Slight Gain for Stocks in 2025The bank's move follows similar reversals by Goldman Sachs, Barclays and Deutsche Bank.