Initial applications for US unemployment benefits picked up last week but remained relatively subdued. New claims increased by 11,000 to 219,000 in the week ended Feb. 1. The median forecast in a ...

Serial acquirer Wealth Enhancement Group (WEG) has acquired Capstone Wealth Advisors, a Salem, Ore.-based firm with more than $618 million in assets under management according to a news release. The ...

His decision to revoke a “de minimis” rule for China, effectively closing a loophole that allowed small packages under $800 to enter the US duty-free, took effect just after midnight Tuesday ...

She possesses substantial private and public equities and has already utilized her lifetime exemption. She also believes her children have sufficient resources. Her $70 million investment generates ...

Senate Republicans broke with their House counterparts on pivotal legislation to carry out President Donald Trump’s agenda Wednesday after weeks of rising frustration with House Speaker Mike Johnson’s ...

Financial advisors can play a critical role as part of the professional support teams of these elite athletes and performers.

An unlikely pair of U.S. senators have crossed the political divide to introduce a bill capping credit card interest rates at 10% for five years. The bill was introduced Tuesday by Republican Josh ...

Apollo Global Management Inc. is seeking to build a marketplace that would allow investors to buy and sell high-grade private assets more easily, while encroaching further into terrain once dominated ...

Bond traders can’t predict what U.S. President Donald Trump will do next, but that uncertainty can be exploited to generate strong returns, according to Pacific Investment Management Co.’s chief ...

Now, a group of academics claim they’ve put a price tag on the resulting cost to pension funds and other market participants known for their rebalancing activity: $16 billion a year.

Advisors can once again feel comfortable using bonds as a diversifier within their portfolio given the current yields they are experiencing, according to a new report published by Vanguard. The report ...

Commonwealth Financial Network has added Schneider Wealth Strategies, a New York City-based firm that managed more than $320 million in client assets, according to a news release. Founded by David A.