HONG KONG— Stocks rose on Wall Street on Monday after earlier moves upward by markets in Asia and Europe, with global investors buoyed by a thaw in the trade dispute between the United States and China even as the prospects for a long-term deal remained uncertain. Stocks in China led the broad rally early Monday in Asia, with major indexes rising about 2 percent or…

Alex Umansky does not focus on macro market questions. Instead, he focuses on finding stocks that make his portfolio one of the best mutual funds.

In case you missed this week’s headlines.

Many studies have illustrated that millennials, gen-xers, baby boomers and the silent generation all prioritize for some type of savings. However, their approach differs based on behavioral biases, socioeconomic status, educational background and attitudes toward sustainable investing. Additionally, each group deems different tools important in…

WASHINGTON- Economists now expect the Federal Reserve to cut interest rates multiple times this year- coming round to the view held by investors, though they haven’t gotten all the way there yet. Several respondents in the economist survey made clear in comments that their forecasts may change, depending on whether progress is made toward resolving disputes…

Banks were leading stocks higher in early trading on Wall Street after the Federal Reserve gave many of them permission to raise dividends and buy back more stock. The Federal Reserve late Thursday approved the plans by the country’s 18 biggest banks to return more money to shareholders. The approvals was part of the Fed’s annual checkup of the banking system. Progress Software jumped after reporting earnings that easily beat analysts’ forecasts. Bond prices fell, sending yields higher.

Advisors who are passionate about their favorite hobby find ways to craft their firm’s brand identity around their personal interests.

David Lau, founder and CEO of DPL Financial Partners, a firm that bills itself as a commission-free insurance network for retirement plan and wealth management fiduciaries, uses a personal story to explain the source of his deep interest in the topics of income insurance and annuities. “Watching my father’s experience during his late career really drove me to…

“Employers spend large amounts of time and money providing employees with access to high quality and low cost investment options in their plan,” says Christopher Jones, chief investment officer at Edelman Financial Engines, noting that his firm has rolled out a newfiduciary distribution review program that provides departing employees private, on-on-one…

And while he aims to educate others as part of his career, the Virginia Beach resident maintains that mindset himself. More than two years ago, he opened Escape Room Virginia Peninsula in Hampton. And now both of his business worlds are coming together in a new location at 4317 Bonney Road, just a couple miles from the firm’s office and the Virginia Beach escape room.

In a recent article from Money and Markets entitled “Fed: Tariffs Will Cost Average Family $831 More in 2019,” the argument was made that after the latest increase from 10 percent to 25 percent on $200 billion in tariffs on Chinese goods, the average U.S. family will pay $831 more a year for the same goods they bought last year. Also not factored in is the rising costs of…

American consumers are feeling less confident this month as heightened trade tensions have apparently taken a toll on their spirits. The Conference Board, a business research group, says its consumer confidence index fell to 121.5 in June from a revised 131.3 in June after rising in April and May.

Allianz Life, a provider of retirement solutions, including fixed and variable annuities and life insurance for individuals, issued the following news release:. While the past few years have put a spotlight on female empowerment, women say they are struggling to make progress with financial confidence and decision making, according to the 2019 Women, Money and…

Month-over-month data shows that the Dow is up by 7.8% and the S&P 500 7.3%, respectively, according to Fortune magazine. President Trump has touted himself and the work of his administration for the stock market surge, tweeting, “Stock Market is on track to have the best June in over 50 years! Chief investment officer of Wilmington Trust, Tony Roth, noted a 5%…

U.S. stocks opened the week mixed as investors focus on upcoming trade talks between the U.S. and China. The muted opening follows a third straight weekly gain for the S&P 500 index that included a new record and the erasure of May’s losses. Technology and financial stocks led the gainers. Broadcom, Micron, and Goldman Sachs all rose. Health care stocks were the biggest losers. Bristol-Myers Squibb and Celgene both fell. Energy stocks also fell.

NEW YORK— All 18 of the nation’ s largest and most complex banks are strong enough to withstand a severe economic downturn and would be able to stay in business without collapsing, the Federal Reserve said Friday. The Fed adjusts its stress tests each year, depending on the economic climate. In this year’ s most dire scenario, known as the severely adverse scenario, the…

In case you missed it:

Specifically, the Supreme Court has been asked to weigh the following questions: “Whether an ERISA plan participant or beneficiary may seek injunctive relief against fiduciary misconduct under 29 U.S.C. 1132 without demonstrating individual financial loss or the imminent risk thereof; and whether an ERISA plan participant or beneficiary may seek…

WASHINGTON- The Federal Reserve left its key interest rate unchanged Wednesday but signaled that it’s prepared to start cutting rates if needed to protect the U.S. economy from trade conflicts and other threats. The Fed kept its benchmark rate- which influences many consumer and business loans- in a range of 2.25% to 2.5%, where it’s been since December.

Think social media and T-shirts: RIAs should swap “fee only” for “commission free” to draw a stark contrast between themselves and brokers, experts say.

WASHINGTON— Federal Reserve officials are expected to leave interest rates unchanged on Wednesday, but officials face a tough decision as economic data sends conflicting signals, trade tensions run high and political pressures mount. Mr. Trump increased tariffs on $200 billion worth of Chinese goods only days after the Fed’ s last gathering, and has…

It’s been a while since the Fed has talked about rate cuts. After last cutting rates in 2008, the Fed started hiking rates in 2015 and has raised them a total of nine times since then. Now, amid the longest economic expansion ever recorded in U.S. history, the bond market is aggressively pricing in not one, but two rate cuts this year.

If you read our law firm’s previous articles on a regular basis, you have gained a basic understanding of estate planning and the documents that make up an estate plan. For this article, I’ll be addressing the process of estate planning itself and discussing how each component of an estate plan works with the other parts. Estate planning is multifaceted and…

New Jersey securities regulators should tap the brakes on new state regulations governing financial investment professionals until officials can identify whether any investor protection gaps exist under stringent new federal regulations that were announced this month, according to the Insured Retirement Institute. New Jersey is one of a handful of…

The state regulator says its proposal is necessary after the commission failed to craft a uniform fiduciary standard.

You’re busy taking care of your clients’ financial needs, but are you neglecting your own financial plan?

Asian shares are trading mixed amid a wait-and-see attitude about the direction of interest rates and the trade dispute between the U.S. and China. Japan’s benchmark Nikkei 225, Hong Kong’s Hang Seng and the Shanghai Composite are rising, while shares in Australia and South Korea are falling. On Wall Street, stocks ended a choppy week of trading with modest losses as investors look forward to getting more clues about the direction of interest rates from the Fed.

When you go to the doctor, there’s an expectation that she will act in your best interest. You don’t expect to be prescribed costly pills because the office is getting a commission from the drug company, when a healthier diet will do the trick. The changes made by the Securities and Exchange Commission this month are voluminous’ one rule change alone takes up 771…

Takeaways from Reg BI’s final form.

It’s almost Father’s Day time for dads everywhere to receive new tools as gifts. But you don’t have to be a father to benefit from the skills used for home repairs. This article was written by Edward Jones for use by your local Edward Jones Financial Advisor.

You may have seen alarming headlines predicting that millennials will approach middle age in worse financial shape than any generation before them. They’ ll struggle to pay off college debt, buy a house or start a family. Twin Cities financial planner Monica Eckberg counsels a thoroughly pragmatic approach: Save.

In case you missed it: Here’s this week’s headlines.

Health savings accounts are becoming a more common feature of benefit packages. But even if you are among the 25 million HSA account owners, there may still be many things you don’t know about these accounts..

Asian stocks are mostly lower as activists in Hong Kong vowed to keep protesting an extradition bill they fear would whittle the Chinese territory’s legal autonomy. The protests threaten to shake confidence in the hub for many regional and international businesses and investors. Hong Kong’s Hang Seng gave up 0.8%, extending the previous day’s losses, and the Kospi in South Korea lost 0.3%.

Generally speaking, the new Regulation Best Interest rulemaking package that the Securities and Exchange Commission voted to approve last week does not introduce new fiduciary responsibilities for those advisers controlling retirement plan assets. This is because the Employee Retirement Income Security Act already holds retirement plan advisers to…

With tariffs on Mexican goods out of the picture for now, investors would appear to have only the U.S. trade dispute with China to worry about. But there are other concerns that shouldn’t be overlooked. Recent reports suggest economic growth is slowing in the U.S., corporate profits are under pressure, and politics can sway markets at any moment.

Five years ago, in the midst of an existential crisis, I called Jack Bogle and asked if we could talk. Bogle, the founder of Vanguard, the Malvern-based mutual fund giant, who died in January at age 89, was a hero of mine. I had met and spoken to him before and I regarded him as a tribal elder.