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Articles from our Weekly Newsletters
Who Maintains Control Over a 529 Plan’s Assets?
A 529 plan is a popular tool for saving for college expenses. When it comes to who maintains control over the 529 plan’s assets, in most cases, it’s the account owner. This is often a parent or grandparent. The owner also has the ability to make investment choices and manage withdrawals.
US Stocks Gain as Fed’s Waller Offers Hope on July Rate Cut
US stocks rose on Friday as investors returned from the Juneteenth holiday break to evaluate recent comments from a top Federal Reserve official as well as the latest developments in the conflict between Israel and Iran.
Why Cutting Federal Spending to Pre-Pandemic Levels Is So Hard
Given that the bill’s failure to reduce the deficit is due in part to its extension and expansion of the special tax treatment for non-corporate businesses that Johnson insisted on in 2017, which will cost an estimated $820 billion over the next decade, the senator does not make for the most credible of deficit hawks.
Trump’s Trade School Idea Is a $3 Billion Winner
The president recently expressed his support for a great idea: investing an additional $3 billion in trade schools.
The Fed Is Just as Confused as the Rest of Us
The most powerful institution in global finance is as completely and utterly confused as the rest of us.
Bessent’s Top Bank Reform is Good for Markets
US banks seem likely to get the changes they want to an obscure but important rule known as the supplementary leverage ratio.
529 Plans vs. Indexed Universal Life (IUL) Insurance
When planning for future financial needs, take the time to understand the key differences between a 529 plan vs. IUL insurance. Both are valuable tools, but they serve different purposes and offer unique benefits.
Getting Colleagues to Step Up Can Be Difficult
When problems arise with colleagues at a firm, it's best to tread carefully and thoughtfully.
Compliance Relics: The Case Against PDFs & Screenshots
As communications become more dynamic and digital interactions more complex, static captures are increasingly out of step with the needs of modern compliance and the expectations of U.S. regulators.
Why Your Prospects Aren’t Calling You Back
How do you make sure your prospects feel confident and clear about moving forward?
Nvidia’s ‘Sovereign’ AI Could Win a Prize for Irony
Nvidia Corp. billionaire boss Jensen Huang, clad in his signature leather jacket, has been crisscrossing European capitals and sharing the stage with the likes of Keir Starmer and Emmanuel Macron as he pitches “sovereign” artificial intelligence, a vision of new data centers offering essential compute power within national borders rather than via dominant tech firms from abroad.
Blackstone Sees $200 Billion in Potential European Credit Deals
Blackstone Inc. sees a $200 billion investment opportunity in European credit over the next 10 years, underscoring the region’s appeal to investors looking for alternatives to the US.
Wall Street Fears Hawkish Fed Will Trigger Stock Market Selloff
Not much seems to faze the stock market these days even as risks abound, from war in the Middle East, to trade tensions, to slowing growth. But Wall Street’s biggest fear arrives today when the Federal Reserve meeting ends and Chair Jerome Powell explains the central bank’s outlook.
US Stocks Rise as Investors Await Federal Reserve Rate Decision
US stocks gained on Wednesday with investors looking ahead to the Federal Reserve’s monetary policy decision.
Broadcom’s 340% Rally Has Wall Street Debating If It's Magnificent Seven Material
For more than two years, conversations about the biggest, most important technology companies have revolved around the same seven stocks. Now, some on Wall Street are making the case that Broadcom Inc. should be part of that discussion.
