PGIM, 1 the $1.2 trillion global investment management business of Prudential Financial, Inc., has launched four actively managed exchange-traded fundsâ the PGIM Jennison International Opportunities ETF, PGIM Jennison Better Future ETF, PGIM Jennison Focused Mid-Cap ETF, and the PGIM Short Duration High Yield ETF. Stuart Parker, President and CEO, PGIM…
The Securities and Exchange Commission today announced charges against Mmobuosi Odogwu Banye a/k/a Dozy Mmobuosi and three affiliated U.S.- based entities of which he is the CEO-Tingo Group Inc., Agri-Fintech Holdings Inc., and Tingo International Holdings Inc.- in connection with an alleged multi-year scheme to inflate the financial performance…
With inflation sky high this past year, the Federal Reserve has steadily increased interest rates, with rates now at a 22- year high. Higher interest rates have made the cost of borrowing money rise, but at the same time has made saving money a strong investment. But you have to be proactive to get the benefits of the current rates.
As you consider how you will invest in new digital solutions and technology in the new year, I suggest looking at these areas to help identify how you can continue to innovate in this disruptive market.
Many experts are coming to believe that the Federal Reserve will engineer a soft landing, where inflation slides toward the central bank's 2% target and the economy doesn't fall into recession. Goldman Sachs economist Jan Hatzius sees only a 15% chance of recession in 2024 while he predicts GDP growth of 2.1%. "What we are expecting now is a soft landing," Nancy…
As more states rush to adopt best-interest annuity sales standards, the Certified Financial Planner Board of Standards is reminding members that it has a higher standard.
The U.S. Department of Justice issued the following news release:. According to court documents, Keith Berman, 70, of Westlake Village, was the CEO and sole director of Decision Diagnostics Corp., a public medical device company. Berman also falsely told investors that the Food and Drug Administration was on the verge of approving DECN's request for emergency…
According to new research from Edward Jones and Morning Consult, financial advisors across the industry report their emerging adult clients (ages 18-34) want to retire at 61, three years ahead of clients 35 to 64 years old.
Floods, fires, historic stormsâ severe weather events are on the rise. âUnfortunately, Iâ ve had clients whoâ ve been victims of fires, flooding, hurricanes,â says Sev Tamayo, an agent with Goosehead Insurance in Palm Coast, Florida.â Some of them were prepared and some of them werenâ t.â. Here are some items to consider, according to the Federal Emergency Management Agency:.
Even as American consumers navigate a new retirement reality characterized by market volatility, inflation and recurrent financial crises, the majority of Americans are not employing the guidance of a financial professional to create their strategy, according to the Annual Retirement Study from Allianz Life.Â