Sees S&P At Below-Consensus 7,100 Overall, BofA has a muted outlook for stock returns next year. The firm’s 2026 year-end ...

A Georgia advisor has pleaded guilty to wire fraud charges after the U.S. Attorney said his firm had been engaged in a multiyear Ponzi scheme that defrauded his clients of millions of dollars.

Mike Goss will head the new division as president, while also serving as chief revenue officer of the unified Wealthspire. The firm announced his elevation to this position on December 9, as well as ...

Nearly half of Americans are more stressed over their finances than they were a year ago, according to a survey by the Allianz Center for the Future of Retirement. This was one of the findings in the ...

Wells Fargo Advisors, the St. Louis-based subsidiary of Wells Fargo, said advisor Gary Weisner jumped to the group on December 12 after more than 20 years at Oppenheimer, bringing more than $380 ...

One of Point72 Asset Management’s star traders is leaving to launch his own hedge fund and has secured the largest initial backing the firm has ever granted to a departing trader.

BofA’s sell signal has been activated 16 times since 2002, Hartnett says. On average, the MSCI All Country World Index (an index that represents stocks globally) declined by 2.4% afterwards, the bank ...

The marketing rule, which went into effect May 4, 2021, governs how advisors use testimonials, endorsements and third-party ratings in advertising. While the rule opened the door to modern marketing ...

Spot gold was near $4,330 an ounce by mid-morning in London on Friday, and on track for a second weekly gain. The core U.S. consumer price index rose at the slowest pace since early 2021, according to ...

The core U.S. consumer price index rose at the slowest pace since early 2021.

The core U.S. consumer price index rose at the slowest pace since early 2021.

Economists surveyed by Bloomberg said they expect gross domestic product to grow 2% in 2026, powered by solid consumer spending and strong business investment. Yet hiring is set to remain muted as in ...