New Bill Lowers 401(k) Plan Participation Age to 18
By John ManganaroSupporters say Americans who enter the workforce after high school should be able to immediately save for retirement.
May 12, 2025
California Court OKs $80M Life Insurance Policy Lapse Notice SettlementA future state Supreme Court ruling could determine how much money other insurers will pay out.
May 12, 2025
Morgan Stanley’s Wilson Warns Stocks Are Not Yet in the ClearA more "dovish Fed" and a 10-year yield below 4% "without recessionary data have yet to materialize," he said.
May 12, 2025
S&P 500 Soars as U.S., China Agree to Slash Tariffs“Investors and money managers are taking the worst case recession scenarios ... off the table,” said one portfolio manager.
May 12, 2025
House Tax Panel Releases Partial Version of Trump BillMany proposals that Republicans have been discussing recently, like a tax hike for millionaires, are absent from the bill.
May 09, 2025
GOP Eyes Endowment Tax HikeRepublicans are reportedly considering boosting the 1.4% endowment tax to rates as high as 14% to 21%.
May 09, 2025
UBS in Talks to Sell Hedge Fund Unit to Cantor FitzgeraldUBS seeks to trim riskier businesses as it faces extra capital requirements of as much as $25 billion.
May 09, 2025
Cetera Taps Ex-Equitable Exec to Lead Branch Office ModelJohn Lefferts will oversee more than 450 advisors in Cetera Investors branch offices across the United States.