Yesterday, oil prices surged to $100, and it wasn’t even the biggest news as President Trump announced a new wave of global tariffs. Hormuz is effectively shut, the oil isn’t getting through, but it is now more than just Hormuz being closed. It is about shrinking inventories, oil stuck in the ground, a growing number…
Jan van Eck sounds off on the state of markets for the rest of the year and beyond. Morningstar explains why only one of the recent semiliquid funds it rated earned a bronze medalist rating. These are among the investment must reads for financial advisors this week.
Many investors today are grappling with a growing sense of discomfort. U.S. equity markets sit near all‑time highs, yet the broader backdrop is filled with legitimate concerns. Inflation remains elevated relative to recent decades. Interest rates are far higher than investors have become accustomed to since the global financial crisis. Geopolitical tensions persist, government debt…
Asia-pacific Images Studio | E+ | Getty Images The Federal Reserve sets national interest rate policy. But the U.S. central bank isn’t the only major player in this arena: Bond investors also have a big influence on consumers’ borrowing costs. Many types of consumer loans — such as mortgages and auto loans — often peg…
Consumers will soon have a new over-the-counter pain relief option that combines Tylenol with naproxen, an anti-inflammatory medication. The Food and Drug Administration on July 24 approved the non-prescription combination of 650 mg of Tylenol (acetaminophen) and 220 mg of naproxen sodium. The non-opioid tablet can be used by adults and children aged 12 and…
Shoppers in Washington state who received certain promotional emails from Costco over the past five years may be eligible for a cash payment under a proposed $14 million class action settlement. The settlement resolves a lawsuit alleging Costco sent commercial emails with false or misleading subject lines that advertised limited-time sales or last-day offers, even…
RFG Advisory Nears $9B in Client Assets With $100M Advisor From Farther RFG Advisory crossed $1.5 billion in recruited assets during the first half of 2026 with the addition of Brian LaHue, who moved his Indiana-based Sweet Life Financial Planning team from Farther with over $100 million in assets under management, the firm announced this…
It is no coincidence that this home sits within walking distance of the premier live music venues of Austin, Texas. Its owner has been in the music industry for years, and he envisaged the property being an artful pied-à-terre for hosting parties during music festivals, such as SXSW and Austin City Limits. The single-storey house…
Wednesday, November 13, 2024 Federal Efforts to Recover Overpayments of COVID-19 Relief Early in the pandemic, the federal government prioritized swiftly distributing checks to businesses and workers to help meet the urgent needs they face because of economic disruptions. But this quick action put billions of dollars at increased risk of fraud and overpayment. Now…
The EUR/JPY consolidates around 186.00, edges down by 0.06% amid a souring of risk appetite amid the escalation of the US-Iran war, and strengthens safe-haven assets like the Japanese Yen. EUR/JPY Price Forecast: Technical outlook The EUR/JPY trades sideways after reaching the year-to-date (YTD) high of 187.95. The cross-pair dipped toward the 183.00 area following…