One of the biggest issuers in the municipal-bond market is warning it may need to scale back its borrowing plans if federal lawmakers eliminate the tax-exemption on municipal debt.
Bruce Stewart will serve as head of the family office. He is the founder and managing partner of Spartan Risk Solutions, a consultancy that specializes in the development of family offices and ...
A unit of Blackstone Inc. agreed to acquire a marina and yacht servicing business for $5.65 billion in a bet on U.S. boaters.
How true he was. Busyness culture, time poverty—whatever you call it, working professionals have a lot of competition in their schedules. But as we know far too well, not every activity is weighted ...
Treasury Secretary Scott Bessent and congressional leaders will begin meeting weekly as Republicans look to shape a tax cut package with a year-end deadline, according to people familiar with the ...
If Donald Trump's aggressive trade policies convince other countries to break their dependency on the U.S. consumer, the rest of the world will have much to thank him for.
The ruling by the U.S. Fifth Circuit Court of Appeals Judge Catharina Haynes gives the Trump administration’s new DOL officials two months to come up with a game plan for handling the lawsuits by ...
“If you are new to the area, buy a new Cadillac and join the most exclusive country club.” The insurance broker balked and was told, “If you drive up to the most exclusive county club in a new ...
Morgan Stanley strategist Michael Wilson—a bearish voice on U.S. stocks until mid-2024—said he expects capital to return to U.S. stocks, calling the S&P 500 the “the highest quality index” with “the ...
JPMorgan’s megabank rivals have also sought to make inroads in private credit. Citigroup announced its partnership with Apollo in September, agreeing to work together on $25 billion worth of deals ...
According to the DeVoe’s “Annual RIA M&A Outlook,” more than 40% of advisors expect a surge in deal activity this year, which is a dramatic jump from an all-time low of 18% in 2023.
After soaring more than 50% combined in 2023 and 2024, the S&P 500 Index has largely flatlined since U.S. President Donald Trump’s inauguration. The hot trade is now moving overseas, with investors ...