Fixed Income

Judge Rules Muni-Bond Class Action Goes Forward Against 8 Banks

A U.S. federal judge said American cities may pursue class-action claims accusing eight large banks of driving up interest rates they paid on a popular municipal bond.

Wealthiest Families Switch Gears Amid Recession Fears

Family unity was the top priority last year, but financial matters are the new preoccupation, according to Citi Private Bank’s survey of family offices.

Are Peak Treasury Yields Approaching? Some Investors Think So

They are buying into weakness, confident that a peak in interest rates will eventually lift the market for U.S. government debt.

401(k) Losses Spark Lawsuit

Employees of the former Bed Bath & Beyond sued the investment committee, saying its "imprudence” caused them to suffer millions in losses.

Is Economic Anxiety Paralyzing Your Clients?

Here are 13 worries many retirees have, even if they haven’t told you, and conversation starters to help ease their fears.  

Retirees with Advisors Have More Monthly Income Than Those Who Don’t

Their income is nearly twice as much as what the average retiree has, says a new Schroders’ study on U.S. retirement issues.

Next Social Security Raise Expected To Be 3%

The recent slowdown in inflation points to a 2024 Social Security cost-of-living adjustment, or COLA, of around 3%.

Financial System Ends Reliance on Tarnished Benchmark

Libor will no longer be the interest rate affecting mortgages, student loans, corporate bonds and financial derivatives. Meet SOFR.

Retirement Uncertainty Increases Interest in Annuities, Industry Study Finds

But investment advisors underestimate their clients’ interest in a guaranteed source of retirement income.
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Jimmy Lee: ‘The Biggest Sucker Bet’

Jimmy Lee, CEO of multibillion RIA/B-D Wealth Consulting Group in Las Vegas, says these investors have made the biggest sucker bet this year.

Latest News

401(k) Loans Surge While Emergency Savings Dwindle

A new T. Rowe Price study has raised alarms about rising 401(k) loans and a dip in emergency savings.

JPMorgan To Pay $75M To Settles Epstein Suit

Most of the money is to go to charities supporting sex-crime victims and to help law enforcement fight sex trafficking and other crimes.

More Americans Eyeing Post-Retirement Employment

More than half of all Americans — including 64% of Baby Boomers and Gen Xers — are open to work after retiring from an employer and would consider working indefinitely.

Renting More Cost-Effective than Buying in Most Major U.S. Metros

A new report shows there are only three U.S. metro markets left where buying a starter home is more cost effective than renting one.

W. P. Carey Spins Off Office Assets, Setting Strategy for 2024 Exit

It will spin off a majority of its office assets into a new publicly traded REIT as the office real estate market continues to struggle.

5 Advisors Recognized for Good Works

Five financial advisors were recognized for their outstanding community contributions at the 17th annual Invest in Others Awards Gala.

Judge Rules Muni-Bond Class Action Goes Forward Against 8 Banks

A U.S. federal judge said American cities may pursue class-action claims accusing eight large banks of driving up interest rates they paid on a popular municipal bond.

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