El-Erian Sees Fed Holding Rates for Longer Than Markets Expect
By Ye XieThe central bank will likely tolerate higher inflation to protect economic growth, he added.
February 12, 2025
StanCorp's Parent Agrees to Buy Legal & General's U.S. Term Life BusinessMeiji Yasuda would become the third biggest player in the U.S. term life market.
February 12, 2025
Humana Posts $862M Net Loss for Q4But it reported $1.7 billion in net income for 2024, and Medicare drug plan enrollment increased.
February 11, 2025
Schwab Expands 24-Hour Trading to All Its Retail ClientsThe firm seeks to capture demand from investors piling into U.S. stocks amid elevated prices.
February 11, 2025
11 Best & Worst Broker-Dealers: Q4 Earnings, 2024Each firm reported a positive jump in year-over-year results, and many topped analysts' estimates.
February 11, 2025
Cresset Rebrands Private Investing Group as Peakline PartnersThe unit is ready to "stand on its own," Bill Rudnick says; the main wealth business will keep the Cresset brand.
February 11, 2025
Vanguard Launches Two New ETFsThe new Treasury ETFs have short durations and should provide low volatility, the asset manager says.
February 11, 2025
Wealth.com Adds Private Wealth HeadIn the new role, Kathy Wunderli will focus on estate planning, probate, trust administration and tax matters.