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News
Clients Are Craving Income. Here’s How Advisors Are Delivering
2+ hour, 39+ min ago (582+ words) Wealth managers are looking beyond fixed income products into private markets and exchange-traded funds. “Just because we can generate 5% or 6% yield doesn’t mean that that’s a safe distribution rate,” said Davi Kutner, an advisor at Aprio Wealth Management. “That may…...
Malls Regain Rizz as Gen Z Embraces Style of Yesteryear’s Teens
10+ hour, 38+ min ago (599+ words) Gen Z’s interest in brands that styled teens of an earlier era is revitalizing once-beleaguered shopping mall retailers. Gen Z is about to head back to school, sporting some of the same brands millennials wore. Ultra-low-rise jeans from PacSun and…...
How Retirement Savers Can Profit from Big IPOs
2+ day, 10+ hour ago (468+ words) It’s usually not by eagerly scooping up shares of a company before it has met the standards of inclusion for key indices like the S&P 500. Nobody likes being left out, but following the crowd brings its own risks. One…...
Anthropic’s $6 Billion Deal Talks With Decart Show Focus on Cost Efficiency
2+ day, 10+ hour ago (301+ words) Anthropic is in talks to acquire startup Decart, which makes software that helps reduce the cost of training and running AI. As Anthropic preps for its initial public offering, there’s a math puzzle not even its ultrafrontier models can solve:…...
Medicare Advantage or Traditional Plus Supplemental? Choose Wisely
2+ day, 10+ hour ago (269+ words) The right choice depends on client preferences about cost predictability and risk management. Both options have merit, Stidom told Retirement Upside, but the right coverage depends on individual factors such as the client’s health, anticipated medical needs, preferred care providers,…...
Behind Goldman’s $2.3B Deal for NEOS Investments
3+ day, 10+ hour ago (403+ words) Asset managers are becoming increasingly determined to bring options-based strategies to the masses. What are our options? Options ETFs have proliferated in recent years for several reasons. The US is experiencing a massive retirement wave, with more than 50 million American…...
CoreWeave Signals Sunny Skies for AI Infrastructure
3+ day, 10+ hour ago (362+ words) CoreWeave’s revenue rose 112% to $2.6 billion, and the company juiced its sales outlook for the year to as much as $13.2 billion. CoreWeave did a double-double, and no, that’s not a burger order. The AI-cloud provider doubled its revenue and doubled its…...
Sticky Inflation, Job Loss Prolong Fed’s Interest-Rate Limbo
3+ day, 10+ hour ago (334+ words) The CME FedWatch Tool shows the market is pricing in a 60% chance the Federal Reserve holds interest rates steady in September. No surprises. More time. That’s what July’s inflation report delivered to the Federal Reserve on Wednesday. The Bureau of…...
Paramount Threatens to Leave Tinseltown Unless States Settle Merger Case Quickly
3+ day, 10+ hour ago (359+ words) On-location productions in Los Angeles held just 4,711 shoot days in Q2, according to industry group FilmLA, down 13% year-over-year. Sources told The Los Angeles Times in a story Wednesday that Paramount’s board has approved relocation plans but noted Ellison prefers to stay…...
The SEC’s Proposed Semi-Annual Reports Could Hide Negative Earnings
3+ day, 10+ hour ago (340+ words) Bad quarters would be masked by positive semi-annual reports at twice the rate as good quarters, according to a Bloomberg report. Negative quarterly earnings could start going the way of a certain 2025 heist movie starring Jesse Eisenberg: Now you see…...