Manufacturing payrolls fell for the fourth straight month in August, slipping by 12,000 from a month earlier, Bureau of Labor Statistics data released Friday showed. That’s the longest stretch of ...

Cerity Partners, an New York-based independent wealth management firm, announced an agreement to acquire Graypoint, an Albany, N.Y.–based firm that manages $4.5 billion in assets.

It’s also hustling to build a brand with retail investors, many of whom have never heard of the $1.3 trillion firm. It’s a big change for a money manager that for decades didn’t care about what the ...

Municipal debt has underperformed other bonds this year, with state and local securities gaining just 0.63%, lagging a 4.85% increase in US Treasuries and 5.95% return for corporate bonds. Munis ...

St. Petersburg, Fla.-based Raymond James has been the preferred choice for many of the advisors who have defected from Commonwealth since LPL Financial in March announced that it was buying the $300 ...

Stephen Miran has been fast-tracked by Republicans eager to confirm another supporter of lower interest rates to the Fed.

Modera Wealth Management, which has $15 billion in assets under management, has acquired Ferrentino & Associates, an Oradell, N.J., accouing firm that specializes in tax planning, preparation and ...

While 42% of bank advisors are now using AI within their practice, 77% of the advisors surveyed said they expect to adopt AI by 2027, according to Cerulli.

A Democratic senator has taken up legislation that would permanently eliminate federal income taxes on Social Security benefits while raising payroll taxes on wealthy Americans to shore up the program ...

Interest-rate swaps showed traders see a quarter-point cut by the Fed at the Sept. 17 meeting as a certainty, with a slight chance for a jumbo half-point reduction. A total of 70 basis points of ...

It’s often necessary to consult an attorney and a CPA to help document primary residency or fight challenges, he added.

The plan dangles a financial windfall and expanded control of the company to Musk, already the world's richest person.