Goldman Sachs Group Inc. is setting up a reinsurance vehicle with Talcott Financial Group that has so far raised $1 billion.

After spending much of the year in the stock market doghouse over fears about their profligate spending on artificial intelligence, the world’s biggest technology companies are suddenly leading the way once again.

US Treasuries rallied after data showed employers unexpectedly cut jobs in July, suggesting labor market challenges that could impact the Federal Reserve’s willingness to raise interest rates.

Gold jumped more than 3% after an unexpected contraction in the US jobs market, extending a rebound from its slump below $4,000 an ounce.

Given America’s political environment, you would be forgiven for thinking the country has slipped into a dark age of energy recidivism; burning oil, gas and coal left and right; and tossing wind and solar farms on the scrap heap.

A growing number of investors from the US to South Korea are using leveraged exchange-traded funds for long-term investing, a far cry from the day trading they were designed for.

Alphabet Inc. is looking to raise as much as $25 billion from its latest US investment-grade bond offering, a deal that will test investor appetite for AI-related debt following a July selloff.

Finding a place to stash the keys to your cryptocurrency hoard has never been easier, thanks to options that run from putting them in a retired Swiss nuclear bunker to the humdrum use of digital-asset exchanges. It’s also never been harder to keep them safe from thieves.

On Wall Street, money speaks louder than words. The way Big Oil is currently allocating dollars suggests the supermajors are, quietly, preparing for leaner times. It’s the right approach: Oil is a cyclical business, and lower prices are always around the corner. This time, they may be even closer.

Richard Driehaus, the late Chicago money manager who helped popularize momentum investing, took exception to the mantra of buy low, sell high.

The AI question is not really a technology question for your firm; it is a documentation question wearing a technology costume. Your advisors are already using it, and the SEC has already told you it is watching how you handle it. The only open question is whether, when an examiner asks, you can show your work.

Outlining clear expectations for success — desired outcomes that are both quantifiable and qualitative. It means setting objectives to meet these desired outcomes every week and then checking in to see to see if they met them.

This article is the first in a series about implementing AI while maintaining rigorous data regulation and governance practices. It’s no secret that the SEC understands the tectonic fracturing felt throughout the advisory space. How is the SEC adapting for AI implementation among RIA firms?

One of my most controversial opinions is that the 401(k) is one of the great financial inventions of the 20th century. It is not a view shared by many people — including, apparently, the inventor himself, Ted Benna, who argues that the 401(k) has mainly benefited the wealthy.

The US Treasury on Wednesday retained its previous guidance for future debt issuance, signaling no change in note and bond auction sizes well into 2027 even as federal borrowing needs climb.

Investors hanging onto SpaceX shares after a plunge below their IPO price are bracing for the next potential hit, when $101 billion worth of stock becomes available for trading on Thursday.

Developing economies must move fast in adopting artificial intelligence for their governments and businesses, the World Bank said, urging countries to adapt existing tools to local needs.

A period of financial recovery for US hospitals is coming to an end as healthcare systems brace for the full force of federal policy changes and a wave of aging baby boomers.

Many ESG advisors can explain what’s driving their clients’ performance, but they stop short of detailing why. When an advisor fails to reveal the reasoning behind a strategy, that’s when a client loses trust — and how accounts are ultimately lost.

The concept of the 530A accounts is sound, and the initial $1,000 deposit is worth having. So claim the seed money if your child qualifies. But before you make additional contributions, compare these accounts to the other options and choose what is appropriate for your circumstances.

A good wine tasting can reveal preferences people didn’t know they had, and a good advisory process should do the same. Because the most important time to discover that a client’s portfolio exceeds their tolerance for risk is not after the market has fallen. It is before the bottle is opened.

Social Security’s short-term financing crisis is no longer a distant actuarial projection — it is a near-term event with direct implications for current retirees, individuals approaching retirement, and younger workers. Advisors must understand not only the potential fixes, but also the hard constraints that sharply limit what Congress can realistically do in the next several years.

Treasuries rose on Tuesday as signs of progress toward a diplomatic resolution of the Iran war sent oil prices lower, curbing expectations for more than one Federal Reserve interest-rate hike in the coming year.

Northwell Healthcare Inc., the largest healthcare provider in New York, is considering selling up to $800 million of municipal bonds, according to a Friday filing.

Investment firms for billionaires hailing from the US, Europe and Asia are driving a wave of deals for robotics AI businesses, defying fears about a bubble in the machine-learning sector.

SpaceX’s first earnings release following its record initial public offering is one of the most anticipated reports of the summer for traders on Wall Street and beyond. Whether it’ll give investors a reason to buy the sinking stock is another matter.

Power utilities across the US are already strained from AI data centers. But they’re increasingly facing an even bigger threat: that developers will be forced to walk away from projects, leaving households on the hook for massive infrastructure bills.

Every time China tightens its grip on rare earths, the rest of the world becomes a little better at finding them.

Growing demand for AI-savvy workers has led some companies, including software makers International Business Machines Corp., Shopify Inc. and Cloudflare Inc., to ramp up entry-level hiring, betting that recent Gen Z graduates will be able to do more with AI tools than existing employees.

Sequoia Capital led a $1 billion funding round for Valar Atomics Inc. that the nuclear startup says will help it shift from demonstrating small reactors to producing them in volume.

JPMorgan Chase & Co. is vowing to funnel $750 billion into housing over the next decade, nearly 40% more than it has over the past 10 years, as part of Chief Executive Officer Jamie Dimon’s push to invest more money in US communities.

US stocks rose into the first trading day of the month as attention turned to this week’s heavy slate of earnings reports.

The deeper promise may be in human-AI collaboration. AIs may prove most valuable not as autonomous traders but as a counterweight to our very human behavioral biases such as overconfidence, recency bias, and the tendency to bet too big on views that feel certain but aren’t.

2008. 1929. 1907. 1893. These dates strike fear into the hearts of investors. Panics, crashes, and bear markets have been part of the investing ecosystem for as long as markets have existed. Some say they are the price of progress — others, a flaw in the system. Whatever you think of periodic market crashes, they’re here to stay.

In this article, I explain why baby boomers in target date funds (TDFs) should not feel lucky today or in the near future. There’s a 40% chance that the typical TDF will have at least one losing year during the next five years. These are bad odds, especially since retirement with dignity is at stake.

“Carnage” and “exploding” are very misleading descriptors of what is happening to hyperscaler credit spreads. Yes, the basket of CDS spreads is certainly moving upward, but it is not evenly distributed. Oracle's CDS spreads have moved by multiples, while the other four hyperscalers' CDS spreads have increased by a much more subdued amount, and from unusually tight initial levels.

In the race to win a coveted role on the next mega US IPO and manage the ensuing riches, Wall Street’s wealth advisers are ramping up lending to founders and entrepreneurs based on the soaring values of their private companies.

For anyone worried about the gargantuan costs of developing artificial-intelligence infrastructure, it was comforting to think that Big Tech firms could just turn off the spending taps if demand for chatbots and coding tools didn’t pan out. That’s starting to look like wishful thinking.

It’s true enough that history rhymes, even if it doesn’t necessarily repeat. But that creates danger when we pick up resonances from the wrong episode of history, particularly in the fraught task of identifying and avoiding speculative bubbles.

US stocks rose at the open on Thursday as Microsoft Corp. soared 16% after reporting the fastest cloud unit growth in four years. Top semiconductor companies, like Micron Technology Inc. and Nvidia Corp., gained as well.

Europe’s big banks have joined the global stock trading party. Danger lurks, however: When the market turns, it is often brutal.

The conventional wisdom in tech is that it’s better to overspend than miss out on a blockbuster hit. Of course, Big Tech’s investors hate when their companies overdo it.

The arithmetic of doom on America’s debt and budget shortfalls has been a favorite parlor game for fiscal conservatives since 1971, when Richard Nixon removed the last constraint on federal borrowing by ending the dollar’s convertibility to gold.

Clients do not need us to predict whether the next 10% move is up or down. They need help staying invested in a way that matches their goals, their time horizon, and their actual tolerance for risk. Staying invested is easier when clients understand what each part of the portfolio is designed to do.

Investors overwhelmingly recognize the value of financial planning, but a substantial planning gap remains. The desire for guidance is there. Access remains the challenge.

The combination of succession planning — where the lead advisor wants to have a successful and well-funded retirement and the successors want to get paid for taking over — along with the riches of the market over the last few years are all adding up to significant unrest within many teams.

At the party, hosted on a hot day last July at HPS business development head John Christmas’ New Jersey beach house, bandana-clad colleagues across his teams mingled poolside with the wind at their backs. With the addition of HPS, one of the biggest names in private credit, it seemed BlackRock was set to break through in the market in a way that had eluded the asset manager for years.

Wall Street is racing to roll out complex investment products tied to SpaceX shares that aim to shield buyers from future losses amid a sharp selloff following its market debut.

The US dollar will weaken if the Federal Reserve leaves interest rates unchanged this week, according to TD Securities.

One of this year’s hottest themes in the stock market has been the crowds of traders chasing the recipients of all the planned spending on new artificial-intelligence data centers.