The idea behind this adage is that investors should sell their stocks in May, take a break during the summer to avoid ...

On the unemployment rate, Vanguard anticipates it rising by more than half a percentage point to around 5%. As for the Fed, the firm does not expect any response from it this year meaning its year-end ...

The SEC charged Cutter and his firm with violating sections of the Investment Advisers Act of 1940, which probits an advisor to “employ any device, scheme or artifice to defraud a client or ...

Private credit fund investors are offloading stakes at significant discounts ahead of more potential pain for the US economy, Oaktree Capital Management Co-Chief Executive Officer Robert O’Leary said.

The Denton school district, near Dallas, received approval to sell $1.4 billion of bonds for capital projects. But it had to postpone the opening of its new Fred Hill Elementary because of a squeeze ...

A former advisor in Virginia who scammed investors out of more than $4 million was sentenced yesterday to three years in prison, according to the U.S. Attorney's Office, Eastern District of Virginia.

Economists largely expect layoffs to pick up in the coming months as economic uncertainty puts a halt on expansion plans. United Parcel Service Inc. expects to cut 20,000 jobs as it anticipates weaker ...

Republican Rep. Lisa McClain's bill, the Restoring Accountability in Market Supervision (RAMS) Act, would transfer rulemaking, examination and enforcement authority held by the Finra to the SEC. Finra ...

The record defense budget would fund the Golden Dome missile defense project, shipbuilding and nuclear modernization, border security among its top priorities. It includes a 3.8% military pay raise.

Edward Jones Generations, the firm’s first private client services offering for U.S. high-net-worth clients, launched in March. The move to expand its product line to include private investments is ...

Summit Wealth Group, a $2.1 billion firm with 25 advisors in five states, has left Commonwealth Financial Network to launch its own registered investment advisor firm on the SEI platform.

Proper inventory and succession planning are essential to preserving the financial, cultural and personal significance of an art collection.