Lutnick’s emergence as a candidate for Treasury came as a surprise to Trump in recent days, according to people familiar with the matter. When the Wall Street executive’s name was presented in a ...
New York City renters may no longer be on the hook for costly broker fees when signing a new apartment lease. The city council is poised to pass the Fairness in Apartment Rental Expenses, or FARE, Act ...
That economic resilience has led Kashkari to question where the neutral rate — a rate that neither stimulates nor restrains the economy — is for the last year or two, he said. Kashkari reiterated how ...
President-elect Donald Trump pledged last month to eliminate “the Double Taxation of overseas Americans.” Never mind the clumsy wording—taxes on U.S. citizens working abroad aren’t excessive so much ...
While all had $2 million or more with a wealth manager, about half of those surveyed had a net worth of between $5 and $10 million. Thirty percent had a net worth between $10 and $20 million, with the ...
Mortgage rates move in tandem with Treasury yields, which have risen recently as a series of strong economic data will likely keep the Federal Reserve cautious in its approach to cutting interest ...
Economists see the core gauge as a better indicator of the inflation trend than the overall CPI. That measure, which includes food and energy, rose 0.2% for a fourth month and 2.6% from a year before, ...
Osaic Services, the broker-dealer arm of the Osaic wealth management firm, will pay $250,000 for improperly supervising its reps, including a broker who continued to trade securities in a customer’s ...
Wall Street bonuses are expected to climb across almost all sectors of the industry for the first time since 2021.
During his campaign, President-elect Donald Trump vowed to lift the controversial $10,000 state and local tax deduction cap (SALT) Congress instituted in 2017. “I will turn it around, get SALT back, ...
Scott Kleinman, co-president at Apollo Global Management Inc., has warned markets not to get too comfortable with the current trajectory of inflation and interest rates. “Inflation is not tamed,” ...
Single-stock ETFs such as this have been sweeping the fund world, using leverage that amps up the potential returns.