News

Former Morgan Stanley Advisor Barred for Alleged Kickback Scheme
Joseph Eisler allegedly entered into a secret profit-sharing arrangement with a client involving shares of newly issued stock ...
Tariffs Are Roiling Markets. Here’s What Financial Advisors Are Telling Clients.
A key gauge of fear remains at elevated levels amid the bumpy rollout of tariffs. Here’s how advisors are helping clients ...
Stock Selloff Returns. Nasdaq Drops 3%.
A stock market slide turned into a full-blown selloff on Wednesday after Federal Reserve Chair Jerome Powell warned of a “challenging scenario” where the central bank's goals of stable prices and ...
Nasdaq Down 4.4%, Dow Down Nearly 900 Points Heading Into the Close
Stocks continued to slide heading into the final hour of trading. The Dow dropped 890 points, or 2.2.% The S&P 500 fell 3.1%. Thee Nasdaq Composite slid 4.4%. Wall Street was already selling tech stoc ...
Labor Market Is in ‘a Really Good Place’
The outlook for economic growth may be softening, but the U.S. labor market is still on solid ground, Powell said. Jobs growth has slowed relative to last year, but the unemployment rate remains “in a ...
Fed Independence Is a Matter of Law
Powell said that he is closely monitoring a case making its way through the Supreme Court that could threaten the independence of the Fed. The case challenges an FDR-era precedent known as Humphrey’s ...
Fed Won’t Intervene in Markets. They’re Acting as Expected, Powell Says.
The Fed won't intervene in a stock market plummet, Powell said. President Trump’s tariff policy has sent the stock and bond markets on a whiplash-inducing ride this month. Powell said he wasn’t overly ...
Treasury Yields Fall as Powell Talks About Tariffs and Fed Policy
Treasury yields decline as Fed Chair Powell speaks at a conference in Chicago. The monetary policymaker says tariffs could raise prices and unemployment at the same time, making decisions on interest ...
How Powell Is Thinking About the Economy
Current economic data indicate that economic growth weakened in the first three months of this year, said Powell on Wednesday. “The data in hand so far suggest that growth has slowed in the first ...
Powell Speech Today: Fed Head to Talk Tariffs, Economic Outlook
Follow here for live coverage and analysis of Federal Reserve Chair Jerome Powell's speech at 1:30 p.m. Eastern on Wednesday.
Interactive Brokers’ Earnings Climb on Spike in Trading Volume. The Stock Is Down.
Interactive Brokers reported Tuesday adjusted first-quarter earnings of $1.88, falling short of Wall Street estimates of ...
Jennifer Wallace: Resilience and the Importance of Mattering at Work
We talk a lot in the workplace about belonging and connection,” says the author. “Mattering goes deeper because you can ...