Fed Dissenters Speak Out: 'The Next Rate Change Could Be Either A Cut Or A Hike'

(Yahoo! Finance) - Three Federal Reserve officials offered insight about why they dissented at this past week’s meeting over the central bank’s bias toward cutting interest rates.The policy statement released by the Federal Open Market Committee following the April 29 meeting said officials will consider the extent and timing of “additional adjustments” to interest rates.

Featured

China's Rare Defiance Of US Sanctions Sparks Showdown Over Banks

(Bloomberg) - China has ordered companies to defy US sanctions for the first time, a step that threatens to put its banking sector into the crosshairs of competition between the world’s largest economies.

Current Earnings Strength Being Driven By Capital Investment In Artificial Intelligence

It comes down to earnings durability and breadth.

Tax Alpha, Total Customization, and Five Minutes a Quarter: Alpha Vee Makes the Case for Direct Indexing

Every advisor has a version of the same pitch conversation.

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Washington Wire

Anticipated Fed Rate Cuts Could Have A Limited Benefit To The Economy

While rate cuts may support equities in the near term, several strategists caution underlying dynamics in the economy could limit the benefit.

Envestnet's Five Year Plan Includes Investment In Research And Development

Envestnet has laid out a sweeping five-year business plan anchored by a $1 billion investment in research and development.

Retirement Channel

401(k) Savers Play It Safe, Even As Demand For Private Assets Surges

Retirement investors made safe bets in August quietly moving their nest egg savings into fixed-income options from equities.

It's Natural For Investors To Feel Uneasy When Markets Are Hovering Near Record Highs

With U.S. equity benchmarks hovering near record highs, it’s natural for investors—and by extension their advisors—to feel uneasy.

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Practice Management

Private Credit Could Spark Psychological Contagion, Barr Warns

The Trust Advisor

Inside Jack Schlossberg's Trust Fund Amid Political Campaign

FundFocus

Bill Ackman’s Pershing Square USA Sinks 16% After $5 Billion IPO

Companies

The Only Number That Matters For 'Magnificent 7' Earnings This Week: Morning Brief

Companies

Bizarre Moment At Berkshire's Annual Meeting Spotlights Cyber Risk