Muni-Junk Titan Nuveen Starts Fund to Take Advantage of Defaults
By Martin Z. BraunNuveen is among the biggest investors in high-yield muni bonds; closed-end fund prospectus registered Thursday with the SEC.
May 24, 2019
U.S. Economic Outlook Dims; Capital Goods Add to Weak DataJPMorgan issued a report Friday from its chief U.S. economist Michael Feroli entitled "Deteriorating Q2 GDP should put Fed on watch."
May 24, 2019
What Investors and Advisors Are So Stressed AboutA recent study found both groups reported feeling more stress than last year and warned that stress can affect investing decisions.
May 24, 2019
Life and Annuity Groups Celebrate House Passage of Secure Act BillThe congressional machinery appears to be on track to push a retirement bill all the way to the president's desk.
May 24, 2019
SEC Issues Warning on Cloud-Based Storage SolutionsA risk alert warns that advisors and broker-dealers are not using the available security features.
May 24, 2019
Sanders Revives Plan to Tax Stock, Bond and Derivatives TradesThe tax would be a disincentive for high-frequency trading and help middle-income Americans who helped foot the bill for the bailout of financial institutions after the 2008 market crash, Sanders said.
May 24, 2019
Russia's Dirty Oil Crisis Is Worse Than Anyone PredictedDespite repeated pledges from Russian authorities to resume shipments in days, the crisis is proving bigger, longer and costlier than almost anyone expected and a solution could still be weeks away.
May 24, 2019
IRS to Taxpayers: Check Your Tax WithholdingIt's recommending a withholding "checkup" especially for two-income families, workers with multiple jobs and taxpayers who adjusted withholding in 2018.