Miller joined First Eagle Investments in January after nearly three decades at Nuveen. Investors plowed almost $4.4 billion into his First Eagle High Yield Municipal Fund this year through November, ...

New York on Jan. 8 and close at 9:30 a.m. the following morning. Stock futures trading will resume at 6 p.m. on Jan. 9. The closures are part of a long-standing American tradition in which financial ...

Citadel founder Ken Griffin was only half right last month when he said the multistrategy hedge fund boom had “come and gone.” Yes, the amount of money these multimanager funds oversee has dipped from ...

Smithy: The driving force behind compensation changes is that firms are looking to align business operations with overall profitability goals. Firms must remain nimble in a competitive market, and the ...

Pending sales of US homes increased for a fourth month in November to the highest level since early 2023 as homebuyers gave up hopes for lower borrowing costs.

Most of them relate to the bond market, because it is both a window into the overall economy and an important component of how stocks and other risky assets are valued. Data for equities, commodities ...

Institutional investors are joining the parade to exchange-traded funds, with most of them telling Cerulli Associates they expect to increase their allocation to the increasingly popular investment ...

Category Leader Among a crowded field of spot-Bitcoin ETFs, IBIT stands out. It reached over $50 billion five-times quicker than the next fastest exchange-traded fund, BlackRock’s own iShares Core ...

Binky Chadha, chief US equity and global strategist at Deutsche Bank, has been among the bullish cohort on Wall Street for the past three years. His 2025 target of 7,000 points is among the most ...

For the winner of a $1.26 billion Mega Millions jackpot ticket sold in California, the ecstasy of the big win may soon give way to the anxiety over some big choices. “This is a life changing moment ...

Gold is heading for one of its biggest annual gains this century, with a 27% advance that’s been fueled by US monetary easing, sustained geopolitical risks, and a wave of purchases by central banks.

Bloomberg Economics forecasters estimate household outlays advanced 2.8% in 2024 — faster than in 2023 and nearly twice their projection at the start of the year.