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Clients have zero interest in crypto, BlackRock CEO says
INVESTING ALTERNATIVES JUL 16, 2018
Clients have zero interest in crypto, BlackRock CEO says

But Larry Fink is 'very excited' about blockchain technology and says it could be a way to enhance company's Aladdin system

Frenzy to get bitcoin ETF is clogging SEC email
INVESTING ALTERNATIVES JUL 16, 2018
Frenzy to get bitcoin ETF is clogging SEC email

The agency has gotten more than 90 comments on Cboe's proposal for a bitcoin exchange-traded fund.

BlackRock sees outflows from equity products
INVESTING ETFS JUL 16, 2018
BlackRock sees outflows from equity products

Inflows into iShares products totaled $17.8 billion during the second quarter, the lowest level in two years

Former manager for New York pension fund sentenced to 21 months for taking bribes for brokers
RETIREMENT RETIREMENT PLANNING JUL 13, 2018
Former manager for New York pension fund sentenced to 21 months for taking bribes for brokers

Navnoor Kang was arrested in 2016 and accused of accepting gifts, including drugs and luxury watches, in pay-to-play scheme.

Market recap: Investors flee equities despite market strength
NEWS INDUSTRY NEWS JUL 13, 2018
Market recap: Investors flee equities despite market strength

Goldman sees a "tactical opportunity" for the cybersecurity stocks ahead of mid-term elections.

Emerging markets have yet to reach bottom
INVESTING EMERGING MARKETS JUL 13, 2018
Emerging markets have yet to reach bottom

Selloffs in developing-nation currencies are likely to get worse, survey shows

Prospect of high cash distribution has investors chasing dividends through ETFs
INVESTING MUTUAL FUNDS JUL 13, 2018
Prospect of high cash distribution has investors chasing dividends through ETFs

Funds that are seeing inflows largely steer clear of sectors like utilities.

Stocks rally as trade war nerves settle
NEWS INDUSTRY NEWS JUL 12, 2018
Stocks rally as trade war nerves settle

S&P rebounds as China strikes conciliatory tone in trade war.

UBS report reveals most expensive cities in the world
NEWS INDUSTRY NEWS JUL 12, 2018
UBS report reveals most expensive cities in the world

UBS Group AG's Prices and Earnings 2018 survey ranks global city prices, earning levels and purchasing power .

Retirees spend their golden years on campus
RETIREMENT RETIREMENT PLANNING JUL 11, 2018
Retirees spend their golden years on campus

As seniors flock to live near universities, Purchase College in New York is developing a retirement community.