Advisor News

NEW YORK– Wall Street set more records Thursday as U.S. stocks coasted to the close of their latest winning month and quarter. It's leaped as the U.S. economy has remained remarkably solid despite high interest rates meant to get inflation under control. And with inflation hopefully still cooling from its peak, the Federal Reserve has indicated it will likely cut…

–Securities fraud in environmental, social and governance policies is being committed in Mississippi by investment giant BlackRock, says the state in a cease and desist letter. Mississippi Secretary of State Michael Watson, with jurisdiction over securities, gave the company 30 days to respond to his office's Wednesday letter. "You've got a company with…

“Now, the demand for clean energy is being amplified by something else: a focus on energy security,” Mr. Fink wrote.“ I’ m hearing more leaders talk about decarbonization and energy security together under the joint banner of what you might call‘ energy pragmatism.’”. The messaging shift on a contentious issue that conservatives assail as“ woke capitalism” comes after…

House Republicans released a new budget proposal that would raise the Social Security retirement age, restructure Medicare, ban abortion and threaten fertility treatments. On Social Security, the RSC budget plan proposes "modest adjustments to the retirement age for future retirees to account for increases in life expectancy," but does not specify what that…

One of your important sources of retirement income will likely be Social Security- but when should you start taking it? You can start collecting Social Security benefits at 62, but your checks will be considerably bigger if you wait until your full retirement age, which is likely between 66 and 67. However, if you have adequate financial resources to meet your…

Confidence is the top emotion that men report feeling toward managing their household finances (45%) while stress is the leading emotion for women (38%).

In 2024, more Americans are reaching the traditional retirement age of 65 in the same year than at any time in history, creating more than 4 million potential new retirees this year alone. While the U.S. faces this significant milestone, findings from MetLife’ s 2024 Qualifying Longevity Annuity Contract Poll show a vast majority of plan sponsors are concerned…

Trump Media& Technology Group, whose flagship product is social networking site Truth Social, will begin trading on the Nasdaq stock market on Tuesday. The common stock of Trump Media& Technology Group will trade under the ticker symbol "DJT." Multiply that by Digital World's closing stock price Friday of $36.94, and the total value of his stake could be nearly $3…

A $70 million settlement in a whistleblower lawsuit against eight of the nation’s largest banks has been finalized and executed,…

Prudential's Robert Fishbein highlights important financial planning to-dos before April 15.. "Some people are calling 2025 the Super Bowl of taxes," says Robert Fishbein, vice president, Tax. Many tax filers often forget, or do not realize, that if you sell furniture, clothing, tickets or anything else through a third-party marketplace, like eBay, Amazon or StubHub,…

Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Thursday, March 21. Durkin- reporting from the New York Stock Exchange. This comes after the Federal Reserve held interest rates steady with Chair Jerome Powell reiterating expectations for three rate cuts later in 2024..

NEW YORK– U.S. stocks rallied to records Wednesday after the Federal Reserve indicated it's likely to deliver the cuts to interest rates this year that Wall Street craves, despite some discouragingly high inflation reports. That's the same number as they had penciled in three months earlier, and expectations for the relief that such cuts would provide are a big…