PIMCO Warns a Wave of Defaults Is Coming for Low-Quality Borrowers
By Michael Mackenzie and Davide BarbusciaThe firm expects "significantly higher losses in lower-quality credit such as leveraged and private direct lending."
June 10, 2026
Hightower Expands Family OfficeAimed at serving UHNW clients, the enhanced offering builds on relationships with NEPC and the family office firm GTBA.
June 10, 2026
CFTC Floats Prediction Market Rule to Crack Down on War BetsThe plan would crack down on bets related to war, terrorism and assassination.
June 10, 2026
New Bill Creates Eldercare Income Tax CreditThe Americans Giving Care to Elders Act allows taxpayers to claim a credit equal to 20% of qualified care expenses.
June 10, 2026
Bill to Set Up Social Security Solvency Commission Is BackThe Bipartisan Social Security Commission Act would address the program's health via a 13-member commission.
June 10, 2026
Social Security COLA Could Be 4.7% in 2027Inflation is growing at the fastest pace in four years, says analyst Mary Johnson.
June 10, 2026
PRO
Beware of These Tax Traps When Clients Retire AbroadCurrency risk, overseas investment rules and different tax treatment of retirement accounts can trip clients up without careful planning.
June 10, 2026
PRO
How Worried Should Advisors Be About Social Security?Social Security "isn't going bankrupt," but advisors still have to help clients plan, retirement expert Jason Fichtner tells ThinkAdvisor.