The earnings season is winding down, but there are several key companies still on deck to report. Of the nine S & P 500 companies scheduled to post their third-quarter results, Home Depot and Disney are among them. Investors will look to these results for clues on whether the...
Bernd Vogel | Stone | Getty ImagesBrad Klontz was drawn to financial psychology after the tech bubble burst in the early 2000s.Klontz had tried his hand at stock trading after seeing a friend earn more than $100,000 in one year. But he felt immense shame after the market crashed...
dowell | Moment | Getty ImagesBefore the election, some advisors increased Roth individual retirement account conversions for clients amid the threat of higher taxes after 2025.Now, tax hikes are less likely under President-elect Donald Trump. However, demand for Roth conversions will continue as investors seek long-term tax planning strategies,...
Check out the companies making headlines in midday trading. Tesla — The electric vehicle stock gained nearly 7%, continuing to rally on the heels of Donald Trump winning a second presidential term. The Elon Musk-helmed company saw its market capitalization rise to $1 trillion on Friday. Shares have gained...
Federal Reserve Board Federal Reserve Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting in Washington on November 07, 2024 in Washington, DC. Kent Nishimura | Getty ImagesFederal Reserve Chair Jerome Powell dodged question after question at his Thursday news conference from a press...
The earnings season is winding...
Bernd Vogel | Stone |...
dowell | Moment | Getty...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
As cloud-based software becomes the norm for many functions inside of modern businesses, data silos are growing into an outsize problem. This is particularly true in the financial industry, where vendors are often faced with reconciling data from a diverse range of sources. According to a 2022 survey from InterSystems...
Kaufman Hall Investment Management has acquired the assets of Ponder Investment Co., a $1 billion AUM firm that provides investment management services to nonprofit health care, cultural, and other institutions. The wholly owned subsidiary of Kaufman Hall & Associates will assume control of PIC’s business, which manages high-grade U.S. fixed-income...
Modern Wealth Management has made its fifth acquisition as the national RIA aggregator continues is rapid growth since launching earlier this year. The firm has added the tax strategy and preparation capabilities of father and son firm Martin James Investment & Tax Management, operating out of Indianapolis, Indiana. The firm was...
Envestnet has launched a new embedded investment platform to empower banks and other financial institutions offer a more holistic service to their customers. The firm has established an SEC-registered investment advisor called Envestnet Embedded Advisor to be the asset manager for the embedded financial solutions while investment accounts will be...
Top Wall Street bankers said they’re pessimistic about the outlook of the global economy next year with elections in the U.S., monetary policies and escalating Middle East tensions weighing on sentiment. “If you take the time horizon, the monetary policies that we are going to see will have greater effects...
Global bond markets rebounded, with the US 10-year yield sliding to 4.8%, amid growing speculation that the recent selloff was excessive. Nasdaq 100 index futures rose ahead of earnings from Microsoft Corp. and Alphabet Inc. Treasury 10-year yields slipped five basis points to a one-week low after reaching the highest...
Bitcoin extended a rally fueled by expectations of fresh demand from exchange-traded funds, reaching the highest price since May last year. The largest digital asset rose as much as 11.5% to top $35,000 before paring some of the gain to trade at $33,918 as of 7:25 a.m. in London on Tuesday,...
