1280 Financial Partners, which manages roughly $2 billion in assets for high-net-worth clients and institutions, has traded its UBS employee status to go independent with Sanctuary Wealth as a ...

Sternlicht, whose company is a major lender, property owner and special servicer, warned that concerns around consumer spending could weigh on the economy. Hotel companies have been lowering guidance, ...

The State Street Target Retirement IndexPlus Strategy provides access to the public markets through State Street index strategies combined with a diversified portfolio of private market investments ...

In the summer, new bond sales tend to slow down while money flowing back to investors increases — creating a supply and demand mismatch that boosts prices. The 10-year monthly average returns in May, ...

Trump’s 2017 tax package, which Republicans are moving to renew, implemented an endowment levy of 1.4% on net investment income, similar to one that private foundations pay. That levy generated more ...

Avoid Going Into Debt If you have to take on any form of credit card debt to buy the item, skip it. Interest rates on credit cards are now averaging more than 20%, which means carrying a balance from ...

The measure allows four-year restrictions in contracts with people earning at least double the average local wage.

UBS Group AG is in talks to sell its hedge fund unit O’Connor to Cantor Fitzgerald LP, a move that would end a more than three-decade run of ownership by the Swiss bank, according to people familiar ...

Hartnett has recommended bonds over stocks for 2025. Within equities, he prefers international to US assets. He said in the note dated May 8 that American stocks are in a late-stage structural bear ...

“Investors now have the ability to invest in bonds in a way that they simply couldn’t have imagined the last time yields were at this level,” Steve Laipply, global co-head of fixed-income ETFs at ...

House Speaker Mike Johnson said Republicans are discussing raising the state and local tax deduction cap to $30,000 — among other options — as the party seeks to resolve disagreements on the details ...

The National Oceanic and Atmospheric Administration, or NOAA, announced Thursday it will “retire” its popular database of climate and weather disasters that caused at least $1 billion in damage, a ...