InvestmentNews will be ranking the industry’s leading financial advisors with its inaugural Top Advisors. The best individuals will be ranked based on assets under management, AUM growth, and organic client growth introduced to the business over the last 12 months. All figures submitted are subject to a verification process through...
A finished burrito bowl assembled by Chipotle and Hyphen's automation technology.Source: Chipotle Mexican GrillChipotle Mexican Grill is testing whether automation can make customers' burrito bowls and salads.It's the second time the burrito chain has publicly announced testing automation at its innovation center. Chippy, Chipotle's first foray into automation, is...
Macy's is opening more small-format stores across the country. They are roughly one fifth the size of its typical locations.Macy'sMacy's on Tuesday said it will open up to 30 smaller stores in strip malls over the next two years, as the retailer chases customers out of dying malls and...
Co-CEOs, Neil Blumenthal & Dave Gilboa of Warby Parker at the NYSE, September 29, 2021.Source: NYSECheck out the companies making headlines before the bell.Warby Parker — Warby Parker jumped about 4% after Evercore ISI upgraded the eyeglass retailer to an outperform rating, saying that shares could rally more than...
If you’re a top-performing financial advisor on the East Coast, there’s a good chance Chris Shaw wants to talk to you. The industry veteran with three decades of experience has been hired by Sanctuary Wealth to spearhead recruitment of advisors across the region as its East Coast regional managing director,...
While the investing world has some famous names – Warren Buffett and Cathie Wood to name just two – there are also many celebrities who are seasoned investors. But which of the A-listers who are best known for their creative arts also appear to have mastered the art of investing? A...
Beyoncé performs onstage during the "RENAISSANCE WORLD TOUR"Kevin Mazur | Getty Images Entertainment | Getty ImagesMovie theaters will become a Bey Hive this December.Hot off the heels of a distribution deal to bring Taylor Swift's filmed Eras Tour to cinemas, AMC Entertainment has partnered with Parkwood Entertainment to bring...
Federal Reserve Bank of Cleveland President Loretta Mester said the central bank will likely need to raise rates once more this year and then hold them at higher levels for some time to get inflation back to its 2% target. However, Mester said the final decision will depend on how...
More and more Wall Street equity strategists are sounding the alarm on the impact of higher interest rates. The team at Goldman Sachs Group Inc. joined peers at Morgan Stanley and JPMorgan Chase & Co. warning that elevated rates could spark further declines in equities. They pointed to the divergence...
The slide in Treasuries has been excessive given recent economic data and Federal Reserve policy, suggesting it’s instead being driven by fears over the swelling US deficit, some of Wall Street’s biggest names say. Benchmark US yields jumped to the highest levels in 16 years Monday, extending an uptrend that...