The Fed governor said he’s now estimating that the Fed’s favored gauge of inflation — the personal consumption expenditures price index — has risen over the last three months at an annualized rate of ...

Among affluent investors, 50% of women report a high degree of reliance on their advisor, compared with 34% of men. Men, meanwhile, are more likely to be “set it and forget it” investors or ...

An Edward Jones survey found that 64% of women caregivers say their role has negatively impacted their financial plans.

Warren Buffett’s continued disposals of Bank of America Corp. shares have now covered the billionaire’s investment cost, leaving him with a more than $34 billion stake that’s pure profit.

Marc Cassalina, an advisor with Merrill Lynch Wealth Management in Poughkeepsie, N.Y., has been awarded the Lifetime Achievement Award from the Invest in Others Charitable Foundation for his work with ...

The euphoria in equity markets following the Federal Reserve’s interest-rate cut is stoking the risk of a bubble, making bonds and gold an attractive hedge against any recession or renewed inflation, ...

RBC Wealth Management has hired a 15-member Atlanta-based team that managed $2.8 billion in client assets at UBS, according to a news release.

Private credit more than doubled in size from 2019 thanks to interest rate hikes that made its floating-rate debt more attractive to investors. Now, a Federal Reserve interest-rate cut is adding to ...

(This is Part 2 of a two-part article. The first installment, providing an overview of Morningstar’s research, can be found here.) Christine Benz, Morningstar’s director of personal finance, has five ...

MacQuarie Investment Management and the Securities and Exchange Commission reached an agreement to settle charges related to the pricing of collateralized mortgage obligations (CMOs) in about 20 ...

Retirees in 2022 could start higher, at 3.8%, and in 2023, Morningstar’s safe withdrawal rate returned to 4%, converging with Bengen’s findings. In other years, it could be much higher, such as 4.8% ...

Hired in 1977 and assigned to municipal finance, Kaplan was named a Goldman Sachs partner in 1990. That was the first year the firm welcomed women into partnership ranks since Jeanette Loeb became the ...