JPMorgan Chase & Co. named Jenn Piepszak its chief operating officer, but the new deputy to Chief Executive Officer Jamie Dimon said she doesn’t want to succeed him. Piepszak, 54, “does not want to be ...

Wildfires that have ravaged swaths of Los Angeles could result in losses of as much as $30 billion for the insurance industry as the blazes rage on almost a week after they ignited. The new estimates ...

It can be used in various contexts to increase the likelihood of becoming more prosperous by significantly growing your assets under management.

Food Prices The PPI report showed a 0.1% decline in food prices, including a nearly 15% slide in the cost of vegetables. Egg prices, which soared nearly 56% in November due to a worsening bird ...

On December 31, acquisitive Wealth Enhancement closed its 21 st transaction of 2024, purchasing Northwest Investment Counselors of Lake Oswego, Ore. The Northwest deal represents Wealth Enhancement ...

Morgan Stanley named longtime executive Mandell Crawley to run a new unit combining client coverage, strategy and marketing as Chief Executive Officer Ted Pick continues to set his priorities one year ...

On Friday, monthly US jobs data exceeded projections, capping a surprisingly strong year for the labor market and adding more reasons for the Fed to dial back rate cuts, driving yields higher.

Austin, Texas-based broker-dealer and wealth manager Kestra Financial today announced its head of wealth management, John V. Amore, will assume the role of president in April. Stephen Langlois, the ...

US stocks have endured a bleak start to to 2025 after two consecutive years of returns eclipsing 20%, the best stretch for American equities since the 1990s dot-com boom. Since hitting an all-time ...

Despite the prospect of a rocky market in 2025, advisors and their clients can find opportunities in a variety of areas in the coming year, according to Bryan Hinmon, chief investing officer at Motley ...

Consumer sentiment is still good, as “consumers are continuing to work down the excess savings they built up during the pandemic,” he said. Dwindling savings is being offset by wage and salary growth, ...

Perhaps the most significant driver of higher interest rates has been deep uncertainty about what the incoming administration will do on tariffs, immigration and the federal budget.