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China ETFs rival Cathie Wood's as biggest wealth destroyers
INVESTING EMERGING MARKETS OCT 17, 2024
China ETFs rival Cathie Wood's as biggest wealth destroyers

Those chasing the stimulus-fueled Chinese stock rally may find it difficult to achieve long-lasting gains.

S&P 500 to finish 2024 'well north of 6,000,' says Goldman trading strategist
INVESTING EQUITIES OCT 16, 2024
S&P 500 to finish 2024 'well north of 6,000,' says Goldman trading strategist

Investing specialist reverses his bearish election call after analyzing data going back nearly 100 years.

Gold approaches another record as election race, Fed rate cuts come into focus
INVESTING ALTERNATIVES OCT 16, 2024
Gold approaches another record as election race, Fed rate cuts come into focus

Near-term policy and economic uncertainty, including new pronouncements from Republican candidate Donald Trump, are pushing the metal toward a new high.

Citi notches across-the-board gains with surprise trading triumph
NEWS INDUSTRY NEWS OCT 15, 2024
Citi notches across-the-board gains with surprise trading triumph

A record third-quarter performance by the firm's desk traders mark a step in the right direction for CEO Jane Fraser's turnaround plans.

Schwab shares jump as firm reveals earnings beat
NEWS INDUSTRY NEWS OCT 15, 2024
Schwab shares jump as firm reveals earnings beat

The online brokerage giant posted better-than-expected net income for the third quarter as it emerges from a historically challenging year.

Ex-Tesla exec ventures into ETF space
INVESTING ETFS OCT 14, 2024
Ex-Tesla exec ventures into ETF space

The ride-sharing platform veteran is teaming up with an ETF industry pioneer to launch a thematic shop focused on two future-facing technologies.

BNY declares Q3 profit beat as investment fees reach $2.34B
NEWS INDUSTRY NEWS OCT 14, 2024
BNY declares Q3 profit beat as investment fees reach $2.34B

The oldest American bank has benefited from a surge in asset values that's seen the S&P 500 rise 20 percent year-to-date.

Stocks rally to fresh highs as JPMorgan drives bank gains
NEWS INDUSTRY NEWS OCT 11, 2024
Stocks rally to fresh highs as JPMorgan drives bank gains

The S&P 500 headed toward its 45th record in the year helped in part by a surprise interest income gain at the Wall Street giant.

BlackRock ascends to $11.5T on private-assets push
INVESTING ALTERNATIVES OCT 11, 2024
BlackRock ascends to $11.5T on private-assets push

The asset management behemoth has added $2.4T in the past year alone as it builds a one-stop empire for global clients to access both public and private markets.

Investors increasingly using ETFs for CLO bets, says BofA
INVESTING ETFS OCT 10, 2024
Investors increasingly using ETFs for CLO bets, says BofA

Recent $428M single-day inflow record speaks to a broader retail trend.