S&P 500 Owes Entire 2023 Gain to AI Frenzy: Strategist
By Subrat PatnaikTo trade "AI hype," investors should buy defensive-growth stocks held in top AI ETFs, a strategist wrote.
May 11, 2023
New DOL Fiduciary Rule Plan Coming Soon, Top Official SaysLisa Gomez, the official in charge of the fiduciary rulemaking, also noted that Secure 2.0 implementation was underway.
May 11, 2023
CANNEX: Immediate Annuity Shoppers Look YoungerThe amount of annual income they're seeking has also changed.
May 11, 2023
Life Policy Buyer Sues Over Age ConflictBMI says the insurer had a duty to check and correct the insured's age.
May 11, 2023
Orion Launches ChatGPT Integration: Tech RoundupAlso, an AI chatbot powered by Morningstar Intelligence Engine is debuting on Morningstar platforms.
May 11, 2023
HSBC, Scotia Capital Hit With SEC Text Message FinesBoth firms admitted their employees often communicated about securities business using platforms like WhatsApp.
May 11, 2023
CI Financial Sells Stake in U.S. Wealth UnitThe financial firm announced plans last year to take this U.S. division public and still intends to do so in the future, its CEO says.
May 10, 2023
Edward Jones Advisor Headcount Ticks UpThe firm added 78 advisors from a year earlier and said it will hire 1,500 by Dec. 31.