Buffett acolytes are primed to be receptive to new ideas after Berkshire’s more contrarian bets over the last decade have proven prescient.
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Combined, Rocket and Mr. Cooper will service a $2.1 trillion loan book across 10 million clients, accounting for one in six US mortgages.
The deal will fuel industry consolidation and add roughly 2,900 independent advisors managing some $285 billion in assets to LPL’s ranks.
There are 53 fund shops asking permission from the SEC to tack on classes of mutual fund or ETF shares using a multi-share class structure.
Stablecoins are the Girl Scout cookies of the financial world, and everyone’s splurging for their own this spring.
The good times, they don’t last. But on Wednesday, we at least found out just how good the good times were.
The FAIR Plan, which insures California’s highest-risk homes, will only have about $305 million left by June.
The US dollar hit a three year low against a basket of currencies Monday, highlighting investor concerns about US assets.
Analysts said they now expect US investment banking revenue to be flat this year, instead of jumping 32% as predicted previously.
The massive acquisition could give Google an edge as AI accelerates Big Tech’s race to win over cloud customers.
After serving as the driving force for a blistering market rise, the so-called Magnificent Seven have taken an epic stumble in 2025.
Jamie Dimon warned inflation is likely going up and Larry Fink said the economy might already be in recession.
The S&P 500 notched its biggest single-day decline in market value terms since the onset of the pandemic on Thursday.
Klarna is not alone. Several other high-profile firms that were expected to go public have decided to delay their plans.