Citadel founder Ken Griffin was only half right last month when he said the multistrategy hedge fund boom had “come and gone.” Yes, the amount of money these multimanager funds oversee has dipped from ...

Most of them relate to the bond market, because it is both a window into the overall economy and an important component of how stocks and other risky assets are valued. Data for equities, commodities ...

Smithy: The driving force behind compensation changes is that firms are looking to align business operations with overall profitability goals. Firms must remain nimble in a competitive market, and the ...

Pending sales of US homes increased for a fourth month in November to the highest level since early 2023 as homebuyers gave up hopes for lower borrowing costs.

Category Leader Among a crowded field of spot-Bitcoin ETFs, IBIT stands out. It reached over $50 billion five-times quicker than the next fastest exchange-traded fund, BlackRock’s own iShares Core ...

Institutional investors are joining the parade to exchange-traded funds, with most of them telling Cerulli Associates they expect to increase their allocation to the increasingly popular investment ...

Binky Chadha, chief US equity and global strategist at Deutsche Bank, has been among the bullish cohort on Wall Street for the past three years. His 2025 target of 7,000 points is among the most ...

Bloomberg Economics forecasters estimate household outlays advanced 2.8% in 2024 — faster than in 2023 and nearly twice their projection at the start of the year.

The deadline for Americans to file their 2024 tax return is April 15, which is also the last day to file for an extension to push the due date back to Oct. 15. The Internal Revenue Service recommends ...

Gold is heading for one of its biggest annual gains this century, with a 27% advance that’s been fueled by US monetary easing, sustained geopolitical risks, and a wave of purchases by central banks.

For the winner of a $1.26 billion Mega Millions jackpot ticket sold in California, the ecstasy of the big win may soon give way to the anxiety over some big choices. “This is a life changing moment ...

The benefits of Roth IRAs are undeniable. Earnings and withdrawals are tax-free. There are never any required minimum distributions (RMDs). But advisors warn that converting regular IRAs to Roths ...