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Credit Card Stocks Sink After Trump Proposes 10% Cap On Fees: 'Yikes'
Shares in major credit card lenders tumbled in early trading Monday after President Trump proposed a 10% cap on the fees these cards charge customers.
Bond Traders’ Big Bet For 2026 Vindicated By Soft US Job Growth
Bond investors’ overarching wager on the path of the Federal Reserve and the Treasuries market in 2026 looks like it has room to run.
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Strategists Warn U.S. Equity Valuations are Starting to Overheat
Some strategists are warning that U.S. equity valuations are starting to overheat—only this time, it's not just Big Tech fueling the run-up.
Leavitt Cleans Up Bessent’s Social Security Privatization Comments: ‘Supplement, Not substitute’
Press secretary Karoline Leavitt said Trump will protect Social Security, after Bessent said newborn accounts are a “backdoor for privatizing” it.
Mercer Advisors Expands in Florida With Addition of Family Wealth Planning Group
Partnership marks third $1B+ RIA to join Mercer Advisors in three months.
LPL Financial Shares Slip After Mixed Q2 Results and Elevated Expenses
LPL Financial shares declined after the firm reported second-quarter earnings that fell short of analyst expectations.