Yahoo Finance Your ‘Independent’ Advisor Now Works for Private Equity. What It Could Mean for Your Portfolio.
Registered investment advisors have built lucrative practices that are attracting big private-equity firms.
Registered investment advisors have built lucrative practices that are attracting big private-equity firms.
Lawyers for Donald Trump asked the New York judge who ordered the former president to pay nearly half a billion dollars to recuse himself from the case alleging the judge engaged in “prohibited communications” with a real estate lawyer about the case before issuing his decision.
Negative gearing can help get you a tax cut this year, and every year moving forward.
Most retirees live on a fixed income, so they look for ways to cut down on expenses and save money. This isn't always easy to do, especially if you already feel like you're living with the least...
Nvidia's record-breaking surge, which catapulted it to the title of world's most valuable public company, was set to continue.
Miners have revealed their enormous pay packets and say they didn't need to go to university to get into their jobs.
Finance YouTuber Jaspreet Singh (of "Minority Mindset" fame) created a popular video describing how the 1% manage their wealth. It all starts with increasing wealth through multiple streams of income....
ANALYSIS: The company’s rise reveals the the underpinnings of today’s AI explosion, writes Anthony Cuthbertson
Housing starts and building permits data for May came in below expectations as mortgage rates continue to remain high. Pulte Capital CEO Bill Pulte and S&P Global Ratings Homebuilders Director Maurice Austin join Morning Brief to discuss the state of the housing market and its relationship to ongoing rate pressures. "I think it's a little bit of a speed bump. The housing market is very strong. It continues to be very strong," Pulte explains. He notes that big home builders — such as PulteGroup (PHM), which his family originally founded — are in a good position as they "have a balance sheet, have access to the mortgage bond market and, frankly, are taking market share right now." As the market awaits an interest rate cut from the Federal Reserve, Pulte adds that a cut will "dramatically increase" the price of homes. With more people being able to afford mortgages, demand could skyrocket, creating an affordability issue. Austin adds, "What we've seen is the level of sales incentives remain elevated, and they will continue to be so as long as rates stay higher for longer, which ultimately could lead to negative profitability on the homebuilder side." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
Key Insights The projected fair value for Orora is AU$3.14 based on 2 Stage Free Cash Flow to Equity Orora's AU$1.97...
(Bloomberg) -- SoftBank Group Corp. founder Masayoshi Son declared he’s ready to swing for the fences when he makes his next big tech bet, suggesting the Japanese conglomerate is on the cusp of making a major investment in AI.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackCDK Tells Car Dealers Their Systems Likely Offline Several DaysPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderUnited Airlines Jet Turns Back After Engine Piece Falls OffHedge F
Banks issue rewards credit cards for all kinds of spending categories, from flights, hotels, rental cars and entertainment to groceries, dining, warehouse clubs and e-commerce. With all of the various...
As the Swiss market experiences modest fluctuations, with the SMI showcasing slight gains amidst cautious investor sentiment ahead of key policy announcements, it becomes increasingly important to spotlight characteristics that might hint at resilience and potential growth. In this context, companies with high insider ownership often suggest a commitment from those who know the business best, potentially aligning well with investors looking for stability in uncertain times.
Calling Elon Musk a polarizing figure might be an understatement. The Tesla CEO has built multiple billion-dollar companies and made his investors incredibly wealthy. He's also threatened to...
Sales of new battery-electric cars in the European Union dropped 12% in May from a year earlier, led by a 30% plunge in Germany, data from Europe's auto industry body showed on Thursday. Germany, the bloc's largest electric vehicle (EV) market, in December brought an early end to subsidies for buying EVs as part of a last-minute 2024 budget deal. It has now seen a year-to-date 16% decline in EV sales, according to the European Automobile Manufacturers Association (ACEA).
Bank decision on interest rates comes a day after inflation fell to 2%
Interest rate hikes are kicking in today and customers are being urged to do a credit card “health check”.
(Bloomberg) -- New Zealand’s economy exited recession with modest expansion in the first quarter.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderHedge Fund Talent Schools Are Looking for the Perfect TraderWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanManchester United’s Jim Ratcliffe Fears for Future of Premier LeagueGross domestic product gained 0.2% from the previous quarter
HONG KONG (Reuters) -The chairman of defaulted Chinese developer Kaisa Group returned to mainland China from Hong Kong for the first time in almost a decade to get regulatory approval for an offshore debt restructuring, two sources familiar with the matter said. Chairman Kwok Ying Shing travelled to the southern city of Shenzhen, where Kaisa is based, for talks with officials about two months ago and is still there, one of the industry sources close to the company said. "It is a critical step for the restructuring," the person said, referring to Kwok meeting regulators as the company faces a liquidation petition in a Hong Kong court on Monday.
Chinese car firms have asked Beijing to take "the most stringent measures" against the European Union after the bloc raised import tariffs on its electric vehicles (EV). An online media outlet under state broadcaster CCTV on Wednesday also made accusations of "snooping" into China's EV technology. The Yuyuantantian news outlet's social media account cited a closed-door meeting at China's Ministry of Commerce on Tuesday involving four Chinese and six European firms plus trade groups. Do you have
Bel Fuse Inc. ( NASDAQ:BELF.A ), might not be a large cap stock, but it saw a significant share price rise of 26% in...