INVESTMENT MANAGEMENT

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U.S. Seeks $4 Billion Fine To Settle Binance Fraud Case, Report Says

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It's not certain that the company would accept the deal, one legal observer says.

Wood's Ark, 21Shares Unveil Fee On Pending Spot Bitcoin ETF

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Ark and 21Shares have fired the opening volley in what industry experts predict will be an instantaneous race-to-the-bottom on fees.

Bonds' Best Month Since March Faces 'Sanity Check' In Auction

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Traders and investors have recently rushed headlong into U.S. government debt.

Fed Increasingly Turning To Anecdotes To Gauge Economy

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Fed officials led by Chair Jerome Powell are increasingly seeking on-the-ground information about the economy.

Bitcoin ETF Hype Has Wall Street Eyeing $100 Billion Crypto Potential

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Right now, only futures-based Bitcoin ETFs are available to investors.

Private Credit Exposure Through Non-Traded Business Development Companies

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Non-traded business development companies (BDCs) are one way for investors to access direct lending exposure.

Future Of Direct Indexing

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Scale is the biggest challenge--and opportunity--financial advisors will face in 2024.

Opto To Provide Alts On Tru Independence Platform

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Opto will provide private market investments and multistrategy funds.

Treasury Market Is Resilient Despite 'Shocks,' Official Says

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Regulators have been examining how to strengthen the market over the past three years.

Starbucks Unionized Baristas' Strike Coincides With Red Cup Giveaway

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Today's strike took place in more than 200 U.S. cities and is the barista union's largest to date.

Bond Yields Slide On 'Fed-Friendly' Economic Data

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Two-year yields fell eight basis points to around 4.85%.

Factory Production Falls As Strikes Drive 10% Plunge In Autos

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Total industrial production, which includes mining and utilities, fell 0.6%.

Summers Says 'Transitory Factors' Behind Inflation Are Now Easing

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The former Treasury secretary was prominent in criticizing the arguments of “Team Transitory.”

A Victory Lap For The Transitory Inflation Team

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Disinflation has confirmed that post-pandemic inflation was indeed “transitory.”

Why Mainstream Economics Got Inflation Wrong

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Leading economists' misdiagnosis of inflation in 2021-22 was the latest episode in a long-running series of failures.

U.S. Shoppers Take A Breather, Prices Ease In Sign Of Cooling Economy

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Shrinking sales and cooling prices may portend a soft economic landing to come.

Fed Officials Tout Inflation Progress, Still See Long Way To Go

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Investors may be overestimating the likelihood of interest rate cuts to come, however.

Rate-Cut Euphoria Puts Global Bonds On Course To Erase 2023 Loss

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Some investors remain nervous the market may be getting ahead of itself in betting on Fed easing.

Biden Threatens To Veto Bill That Would Derail DOL Fiduciary Rule

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The bill passed the House with amendments to weaken or derail the proposal.

Goldman's Kostin Latest On Wall Street To See 2024 Stock Gains

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The economy is set to avoid a recession, with earnings rising and stock valuations remaining steady, Goldman said.

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