The firm failed to detect that millions of accounts were buying securities without first paying for them, the regulator said.

Continuing a yearly tradition, Bob Doll, chief investment officer of Crossmark Global Investments, has released his 10 market and economic predictions for 2025. During 2025, the economy will slow and ...

Strategists who got 2023 and 2024 wrong are extrapolating equity market strength into 2025. Recency bias can mislead.

New claims fell by 9,000 to 211,000 in the week ended Dec. 28, lower than all but one estimate in a Bloomberg survey. Meanwhile continuing applications, a proxy for the number of people receiving ...

The firm’s flagship multistrategy Composite hedge fund gained 18% in 2024, according to a person with knowledge of the matter. Oculus, the firm’s second-biggest fund that mostly makes macro wagers, ...

Deb Boyden, head of U.S. defined contribution at New York-based Schroders, called Generation X the “lost generation” because it is the first generation that must rely completely on 401 (k) plans ...

The charts below capture how $10,000 fared in 2024 in some standout assets.

Tench Coxe, on Nvidia’s board since its startup days, is worth $5.4 billion, according to the Bloomberg Billionaires Index, which is valuing his fortune for the first time. With more than 32 million ...

Investors typically seek safety in bullion in times of political and economic uncertainty. They bought gold ETFs during the pandemic in 2020 and started selling them two years later when the US ...

Wall Street firms have come under attack from Republican politicians who have lambasted their climate efforts.

By 2030, generative AI will catalyze a metamorphosis of today’s wealth managers. A smaller cadre of para-advisors will replace most of them. A relatively small number of wealth advocates will dominate ...

The US Treasury market ended 2024 with a small gain as inflation resumed edging lower after the first quarter and the Federal Reserve cut interest rates three times. The gain was smaller than the ...