After five years of inflation above the Fed’s 2% target, Federal Reserve Chair Kevin Warsh said he understands businesses and households’ “impatience,” but that he has no “magic wand” to bring it down. Warsh remained adamant that the Fed will deliver on price stability, despite not changing the benchmark interest rate it typically raises to tame inflation at its July meeting.
Mergers and acquisitions of advisory firms continued to reach record levels in the first half of 2026, but sentiment about registered investment advisers’ valuation is mixed. Consulting firm DeVoe & Co.’s latest RIA M&A Deal Book noted that the first half of the year saw a record-setting 167 M&A transactions among RIAs, with a year-over-year increase of 13%. The transaction total seemed to match consulting firm MarshBerry’s second-quarter M&A Trends report that counted a record-setting 187 M&A…
Additional projects under consideration for the consortium include an AI Operations Center intended to give members shared visibility into performance, resilience and cost across their AI systems, and an AI Token Exchange designed to pool members’ scale to secure broader and more efficient access to sovereign AI infrastructure. Tim Clark, global head and chief information…
Investors choosing between First Trust Nasdaq Bank ETF (FTXO -0.65%) and ProShares Ultra Financials (UYG -0.95%) must weigh the relative stability of a concentrated bank index against the high-octane, leveraged exposure of a broader financials fund. Both exchange-traded funds focus on the financial sector but take vastly different paths. The First Trust fund targets traditional…
If you were hoping to score a bargain mortgage rate, this is probably not your week. The average rate on a 30-year fixed-rate mortgage climbed eight basis points to 6.47% in the week ending July 16, according to rates provided to NerdWallet by Zillow. (A basis point is one one-hundredth of a percentage point.) We…
Board of Directors member Yossi Sela reported a sale of 25,000 shares of JFrog Ltd. (FROG -4.13%) at $87.43 per share in an SEC Form 4 filing. Transaction summary Transaction value $2.2 million Shares sold 25,000 Post-transaction shares (directly held) 83,349 Post-transaction value $7.21 million Transaction value based on SEC Form 4 weighted average sale…
Danuta Hyniewska / Shutterstock.com We’ve scoured the globe, exploring far-flung locations across Europe, Latin America, and Asia. We’ve spent months interviewing expats, real estate agents, immigration attorneys … and weeks poring over facts and figures and crunching data. The result of all those air miles, meetings, spreadsheets, and yes, admittedly, more than our share of…