JPMorgan, Citi Predict Two Supersized Fed Cuts This Year
By Ye XieFed policymakers met earlier this week and signaled a start to lower borrowing costs as soon as September.
August 02, 2024
Lincoln Financial Posts Surprising Annuity Sales FiguresPricing throughout the annuity sector appears to be "largely rational," CEO Ellen Cooper says.
August 01, 2024
Vanguard Fund to Change Management TeamJean Hynes will stop co-managing its health care fund next year, when Rebecca Sykes is set to become sole manager.
August 01, 2024
Bill to Expand 403(b) Plan Menus With CITs Lands in SenateThe legislation mirrors popular parts of a broader House bill that passed the lower chamber in March.
August 01, 2024
GOP Senators Block Tax Bill With 100% Bonus DepreciationRepublican senators stopped further action Thursday on The Tax Relief for American Families and Workers Act of 2024.
August 01, 2024
BNP in Talks to Buy Axa Asset Managers for $5.5BA special attraction for BNP was Axa's pool of alternative assets, a fast-growing and lucrative part of asset management.
August 01, 2024
Stocks Sink as Economic Jitters Fuel Rush to BondsThe S&P 500 dropped 2%. The Nasdaq 100 sank 3%. The Russell 2000 of small caps tumbled 3.5%.
August 01, 2024
Dropbox Co-Founder Claims JPMorgan Advisor Cost Him Over $225MArash Ferdowsi alleges that he was steered to unsuitable investments rather than index funds.