The Iran war sent investors into fertilizer stocks — but here’s the China risk everyone’s missing
The fertilizer trade as it relates to the Iran war and the Strait of Hormuz is really three trades pointed in different directions.
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Palo Alto Networks’ stock has been on a tear — and it could go even higher, according to these bulls
The company’s shares have roughly doubled over the past three months, as investors have warmed to the idea that AI is increasing the need for cybersecurity products.
Betterment Faces Class Action Lawsuit Over Cash Sweep Accounts
A Betterment client is suing the firm, alleging advisors moved clients’ excess cash into sweep accounts at banks that didn’t generate any interest, leaving investors having “lost significant interest they would have otherwise earned.” New Jersey resident Michael Treadway filed the class action lawsuit in New York federal court, alleging he was a Betterment client…
The Closing Golden Visa Door
The era of easy transactional residency is drawing to a definitive close. For over a decade, high net worth individuals and corporate executives utilised golden visa programs as a straightforward mechanism for global mobility, wealth diversification, and strategic contingency planning. However, a wave of legislative shutdowns, escalating thresholds, and structural pivots has fundamentally reshaped the…
US Mortgage Rates Rise for Third Straight Week
Mortgage rates in the US, already the highest in almost a year, rose for a third week, squeezing affordability as home price growth accelerates. The average for a 30-year, fixed loan climbed to 6.58% from 6.55% a week earlier, Freddie Mac said in a statement Thursday. The rate was 6.74% a year ago. The property…
People Moves: Brown & Riding Names Kane to National Casualty Practice
Brown & Riding to announced that Abe Kane has joined its National Casualty Practice. With over 20 years of industry experience, Kane specializes in casualty solutions for public entities and higher education institutions. His background spans underwriting, reinsurance, and specialty brokerage, providing him with a comprehensive and deep understanding of the unique risks in this…
House Republicans target tax-exempt groups with latest bills
The House Ways and Means Committee held a hearing Wednesday to advance GOP-sponsored legislation aimed at requiring more disclosures of foreign sources of funding for tax-exempt groups and the recipients of donations, while preventing religious faith-based organizations from losing their tax-exempt status based on their beliefs. Processing Content “The tax-exempt sector is about 15% of…
