The 30-year Treasury yield is closing in on 5.2%. A surge to 6% could slam stocks.
Long-bond yield spike is increasingly possible — threatening to deepen losses for popular long-term Treasury and TIPS ETFs.
Long-bond yield spike is increasingly possible — threatening to deepen losses for popular long-term Treasury and TIPS ETFs.
Blackstone is partnering with Vanguard and Wellington Management to launch two new funds giving individual investors access to portfolios combining public and private assets, according to a report by the Wall Street Journal. The products are the first to emerge from the partnership between the three investment firms. One fund will invest across public and…
With Bitcoin (BTC 0.51%) down 50% from its all-time highs, the decision to invest in cryptocurrency has become tremendously polarizing. Some investors have already thrown in the towel, convinced that higher returns are able to be found in sectors such as AI. But not value investors such as Bill Miller IV, chairman and chief investment…
The Supreme Court’s decision Monday to deny certiorari in Murrin lets stand a Third Circuit holding that the Sec. 6501(c)(1) unlimited period for the assessment of tax applies when a fraudulent return is filed with the intent to evade tax, regardless of whether the intent is that of the taxpayer or another person, including the…
The IRS Office of Professional Responsibility (OPR) issued guidance outlining how existing Treasury Circular 230 rules apply to tax practitioners’ use of artificial intelligence (AI), emphasizing that long-standing duties such as due diligence, competence, and confidentiality remain unchanged. The overarching message, the agency said in a bulletin posted Wednesday, is that AI should augment —…
Currently, CMW serves customers across 10 states The transaction marks Borgman Capital’s 21st acquisition since the firm’s founding in 2017 CMW was founded in 1956 Borgman Capital has made an investment in CMW Equipment, a St. Louis, Missouri-based distributor of concrete production and roadwork equipment. No financial terms were disclosed.
U.S. gas prices jumped to an average of $4 a gallon again Monday as the U.S. and Iran launched more attacks. According to motor club federation AAA, the national average for a gallon of regular gasoline is now back to $4. The average price a year ago was $3.14 a gallon. The price is a national…