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Nonetheless, many of New York’s richest residents are alarmed by the idea of Mamdani winning in November. “An anti-capitalist Mayor will destroy jobs and cause businesses and wealthy taxpayers that ...
While it’s an unlikely outcome, some investors have staked out positions in futures markets that will profit if interest rates drop immediately after Jerome Powell’s term as chair ends in May 2026.
U.S. mortgage applications to purchase a home jumped to the highest level since early 2023 last week, even as borrowing costs barely budged.
Fast-money investors are edging their way back into U.S. stocks after sitting out a furious rally, bolstering the case for equities to extend their advance further into uncharted territory.
Modern Wealth Management, an RIA consolidator based in Monterey, Calif., has bought Kaye Capital Management, a fee-only RIA with more than $700 million in assets under management and $300 million in ...
Rental properties are benefiting from high interest rates and limited inventory, the firm says in a new report.
A Finra arbitration panel has ordered Merrill Lynch to fork over some $3.6 million in damages to two of its retail clients who said their investments in alternative feeder funds underperformed ...
The June survey showed median expectations for consumer price increases one year ahead decreased for the second straight month in June, falling back to 3%. Estimates for annualized inflation three and ...
CEG Insights has tracked affluent investor sentiment for over two decades, surveying investors monthly across millionaire and UHNW segments. Gain more timely intelligence and client communication ...
July's research argues for patience with purpose: Keep clients grounded, keep plans flexible and be ready when the fog finally lifts.
President Donald Trump said Jerome Powell should “resign immediately” if allegations from an administration official that the Federal Reserve chair misled lawmakers prove true. Trump reiterated his ...
Economists expect US growth to cool to a 1.5% pace in 2025, according to a Bloomberg survey, from close to 3% in each of the ...
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