This led to an “extreme concentration in Tesla” that came with corresponding risks, DeVocht claims. When the stock soared in 2021, it paid off — his portfolios surged to C$415 million from C$186 ...

Former Treasury Secretary Larry Summers said the Federal Reserve’s decision to cut interest rates last month was a mistake after new data showed that US job growth last month topped all estimates.

Released early Friday, the “dinger” of a jobs report, as JPMorgan Chase & Co. chief US economist Michael Feroli called it, almost immediately reduced expectations among economists and investors that ...

Jerry D. Prince is the director of Integrated Academy, part of Integrated Partners, a leading financial advisor firm. Russ Alan Prince is a strategist for family offices and the ultra-wealthy. He has ...

The fails subsided at the end of September when last month’s reopening of the 20-year settled, making the maturity more plentiful in the bond-lending market. But these recurring episodes are another ...

The United States has adopted increasingly protectionist policies over the past few years, raising tariffs, revising or withdrawing from free-trade agreements, and restricting trade with countries ...

Swaps traders are now factoring in a little over 50 basis points of interest-rate cuts from the US central bank before the end of the year, down from more than 60 on Thursday. The yield on ...

Thrivent Investment Management has agreed to a $25,000 penalty for Regulation Best Interest violations involving rep recommendations that inflated costs for 529 college savings plan investors, the SEC ...

For advisors who have business-owner clients looking to sell their company, filing a form that steps up the tax basis of the business’s assets can increase the price the owner receives by 10%.

Mark Claudio, a 30-year-old in New York who has about $23,000 in federal student loans, is annoyed the Biden administration forgave the debt of some students but not others. And even if he did start ...

Securing a snappy ticker is a high-stakes mission in the $10 trillion exchange-traded fund arena. For issuers launching funds riding the boom in single stocks – Tesla Inc., Apple Inc. and more – ...

But keep the champagne on ice. We're not in the clear just yet. The key to avoiding a recession lies in the labor market.