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Fed Meeting Today: Central Bank 'Firmly Parked' On Interest Rate Pause
The Federal Reserve maintained its target rate range at 3.50%–3.75% for a third consecutive meeting, citing elevated energy prices and heightened geopolitical uncertainty tied to the Iran conflict.
Bill Ackman’s Pershing Square USA Sinks 16% After $5 Billion IPO
(Bloomberg) - Shares of Bill Ackman’s Pershing Square USA Ltd. plunged 18% in its debut after the combined initial public offering for the closed-end fund and his alternative asset manager raised $5 billion.
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10 Of The Costliest Celebrity Divorces Ever
Celebrities have had to shell out millions and even billions of dollars to their former spouses as a result of their divorces.
Cardea: Align Your Operational Goals With What Your Clients Crave
Morningstar’s recent study of the investor expectations of financial advisors identified the top expectation of investors: “Help me reach my goals."
The Conversational Tightrope: Too Much Talk About The Market?
The trick for wealth managers is talking shop without talking too much shop. Moving past making observations to providing specific advice gets dicey.
Biden warned corporate tax plan could backfire
The Biden administration’s plan for a global minimum corporate tax risks backfiring on the US and West.