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September inflation surprise amps up uncertainty on Fed cuts
NEWS INDUSTRY NEWS OCT 10, 2024
September inflation surprise amps up uncertainty on Fed cuts

Larger-than-forecast CPI print complicates the next steps on policymakers' path to price stability.

Meeting minutes show a Fed divided over size of September rate cut
NEWS INDUSTRY NEWS OCT 09, 2024
Meeting minutes show a Fed divided over size of September rate cut

Last month's near-unanimous FOMC decision wasn't as clean as the final announcement suggested.

Five-year bonds a buy on "rare soft landing," says Pimco
INVESTING FIXED INCOME OCT 09, 2024
Five-year bonds a buy on "rare soft landing," says Pimco

With the Federal Reserve poised to achieve an economic feat, the fixed income giant sees a sweet spot in middle-of-the-curve securities.

Crypto.com files suit against SEC after Wells Notice
INVESTING ALTERNATIVES OCT 08, 2024
Crypto.com files suit against SEC after Wells Notice

Crypto trading platform fires back against a legal threat by the regulator, contending it has "unilaterally expanded its jurisdiction beyond statutory limits."

Regulators should lower go-public hurdles, says Dimon
INVESTING EQUITIES OCT 08, 2024
Regulators should lower go-public hurdles, says Dimon

JPMorgan's CEO calls for an easier, cheaper process to close the gap between public market valuations and the IPO backlog.

Short-term muni bonds swoon after jobs change rate cut calculus
INVESTING FIXED INCOME OCT 07, 2024
Short-term muni bonds swoon after jobs change rate cut calculus

Strategists see the front end of debt curve moving in sync with expectations on Federal Reserve movements.

"Dumb buying"? Costco gold bars a hot commodity as bullion prices break records
INVESTING ALTERNATIVES OCT 07, 2024
"Dumb buying"? Costco gold bars a hot commodity as bullion prices break records

The big-box retailer has become an unlikely hotspot for gold fever, with enchanted Americans looking to ride the yellow metal's rally.

JPMorgan client who lost $50M amid dementia battle denied trial
RETIREMENT RETIREMENT PLANNING OCT 04, 2024
JPMorgan client who lost $50M amid dementia battle denied trial

Case of once-wealthy family highlights risks, raises questions on firms' duties to sophisticated investors suffering cognitive decline.

Treasury yields rise in wake of blowout jobs data
INVESTING FIXED INCOME OCT 04, 2024
Treasury yields rise in wake of blowout jobs data

Market expectations of another supersized Fed rate cut were dented further following the latest Labor department release.

Fidelity's next trick: a muni bond fund-to-ETF flip
INVESTING ETFS OCT 03, 2024
Fidelity's next trick: a muni bond fund-to-ETF flip

The firm's plans to convert two of its municipal bond mutual funds follows similar moves by rivals including BlackRock.