Economy & Markets
The important economic and stock market news that advisors need to know.
BlackRock in Advanced Talks to Buy Private-Credit Firm HPS
By Dinesh Nair, Swetha Gopinath, Aaron Kirchfeld & Silla BrushThe deal would leave BlackRock, which managed $11.5 trillion as of Sept. 30, with more than $500 billion in alternative assets.
October 30, 2024
Fixed Income Investors Should 'Brace for More Downside Volatility': Neuberger BermanBonds have sold off over the past month, pushing the U.S. 10-year yield above 4% for the first time since early August.
October 30, 2024
Capital Group, KKR Partner to Debut Funds for Wealthy InvestorsTheir two funds will be sold through financial advisors and will allocate about 60% of assets to public credit and 40% to private credit.
October 30, 2024
2 Advisors Launched Red, Blue ETFs. Here's What Happened.The idea of aligning financial goals with personal values has been around for centuries. But politically themed funds have struggled.
October 30, 2024
Schwab Expands 24-Hour TradingStocks in the S&P 500, Nasdaq-100 and hundreds of ETFs will be available around the clock on weekdays.
October 29, 2024
15 States Where the Most Estate Taxes Were Paid in 2022More than 8,000 individuals filed estate tax returns, with gross estates totaling $259.6 billion, according to newly released data.
October 29, 2024
BlackRock to Launch 4 Laddered Bond ETFsThe funds of funds contain Treasurys, TIPS and investment-grade and high-yield bonds.
October 29, 2024
13 Scary Retirement Statistics to Read in the Dark: 2024Many late-career Americans are grappling with a frightening lack of post-work preparedness.