Stocks, Bonds Push Lower on Powell’s Remarks
By Rheaa Rao and Emily GraffeoThe S&P 500 fell below the 6,000 level, suffering its worst day since August.
December 18, 2024
Fed Lowers Rates by Quarter Point, Signals Two Cuts for 2025Policymakers signaled greater caution over how quickly they can continue reducing borrowing costs.
December 18, 2024
BofA’s Moynihan Hints That He’s Just Getting StartedNow in his 15th year, the CEO says he's sticking with his no-frills “responsible growth” strategy.
December 17, 2024
E-Trade Plans Zero-Cost Funds That Only Platform Clients Can BuyThe firm submitted plans to the SEC for five mutual funds spanning stocks and bonds.
December 17, 2024
Corient Acquires $8B RIA in MaineH.M. Payson and Co., a chartered trust company, manages about $1.2 billion in trust assets.
December 17, 2024
Opto Investments Adds Private Markets Planner FeatureThe new planning tool can help advisors set clients' private investment allocations, the firm says.
December 17, 2024
CFP Board Seeks Feedback on Competency StandardsProposed changes include the education, experience, examination and continuing education requirements.
December 17, 2024
Jeremy Siegel: Big Tech Stocks' Reign Could End in JanuaryThe economist suggests rebalancing to other market sectors in early 2025.