Elon Musk, the billionaire tasked with making the US government more efficient come January, has zeroed in on the Federal Reserve.
Competition for talent among registered investment advisors (RIAs) remains intense. Compensation for advisors rose 17 percent from 2019 to 2023.
The Consumer Financial Protection Bureau sued JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & along with the parent company of Zelle.
Bond traders have rarely suffered so much from a Federal Reserve easing cycle. Now they fear 2025 threatens more of the same.