Last week, the Federal Reserve did the right thing by leaving well enough alone, keeping the benchmark interest rate at about 5.4 percent. With the acute pressure that the board and Chair Jay Powell in particular have faced in the past several months, we're glad they've had the wisdom to know when to step back. These critics pointed to the 1970 s and the reign of Paul…
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Consumers and investors were spared from a 12th rate hike when Federal Reserve officials voted in November to keep their benchmark borrowing rate steady. Don't take the pause as an indication that officials are ready to sound the all-clear on their firefight against inflation. Fed Chair Jerome Powell's main message after the Federal Open Market…
—Three men have filed a lawsuit against the Church of Jesus Christ of Latter-day Saints– also known as the LDS or Mormon church– and its investment arm, Ensign Peak Advisors, Inc. The men, at least one of whom remains an active member of the church, according to the lawsuit, allege that the church had fraudulently induced them into making donations.
Women gaining ground with their finances, study shows
Women are making financial gains on many fronts and modeling healthy money behaviors, according to a survey from Fidelity Investments.
Branding: Not what you think it is
Branding is a feeling and not a logo, advisors were told at a recent conference.
Study: asset management industry hurt by poor digital experience
A third of financial advisors surveyed are dissatisfied with the digital experience offered by the asset management industry.
Only 19% of women workers are “very” confident that they will be able to fully retire with a comfortable lifestyle, according to 23 Facts About Women’s Retirement Outlook, a survey report released today by nonprofit Transamerica Center for Retirement Studies in collaboration with Transamerica Institute. Â