Neither side is making a politically risky bet here, as raising the minimum wage is very popular policy. Of the 28 times ...
The focus should be less on the gap between rich and poor and more on how to ensure that economic gains are widely shared.
Investors are betting on a revival of undervalued stocks once the Federal Reserve starts cutting interest rates. Exchange-traded funds focused on value stocks — those that trade below what they’re ...
The DoubleLine Capital CEO said the Fed will likely cut rates a total of 125 basis points by the end of the year.
Are giant U.S. companies a safe haven in today’s world? Portfolio manager Matt McLennan is skeptical. Are the lords of equity, mostly mega-tech companies with pristine balance sheets, becoming a safe ...
While Congress recognized the value of professional investment and financial planning advice by providing a tax deduction for those services up until 2017, an “unintended consequence of this repeal ...
Democratic senators led by Elizabeth Warren of Massachusetts have asked Federal Reserve Chairman Jerome Powell for a 75 basis point rate cut—at least a quarter-point higher than what most market ...
The logic of lowering borrowing costs to stimulate home purchases and spending may not apply this time around.
EP Wealth Advisors today announced that it has acquired CornerCap Investment Counsel LLC, an Atlanta-based firm with nearly $1.1 billion in assets under management. It is the fourth acquisition this ...
Physicians, especially the wealthier and more successful ones, attract many professionals, including wealth managers. They can be very profitable for the professionals who help them address their ...
Microsoft Corp. raised its quarterly dividend 10% and unveiled a new $60 billion stock-buyback program, matching the size of a repurchase plan three years ago. The company’s shares gained as much as 2 ...
The share-price drop has left Alphabet trading at around 18 times forward earnings, cementing its place as the cheapest stock among the Magnificent 7. It also trades at a discount to its long-term ...