General Mills Earnings And A Tough Road Ahead

Wealth Enhancement, a registered investment advisor aggregator based in Minneapolis, announced this week it had poached two advisor teams from New York-based wealth manager Shufro Rose, overseeing a total of about $1.3 billion in assets. Shufro Rose had been managing about $2.5 billion in assets before the deals, according to its most recent Form ADV….

Apartment Investment and Management Company, also known as Aimco, is officially out of New York City.  The last of the company’s Big Apple assets, located at 165-173 East 90th Street between Lexington and Third avenues, sold for $22.85 million last week, according to city records. Ben and Joseph Soleimani’s ABJ Properties purchased the row of…

American consumers are increasingly pessimistic about their job prospects, according to new Conference Board data. The June installment of the board’s Employment Trends Index (ETI), released Monday (July 6) showed that the share of consumers who reported that “jobs are hard to get” climbed to 22.5% last month, its highest level since January 2021. Meanwhile,…

Demetria C. Lester Demetria C. Lester is a reporter for MortgagePoint (formerly DS News and MReport) with more than 10 years of writing and editing experience. She has served as content coordinator and copy editor for the Los Angeles Daily News and the Orange County Register, in addition to 11 other Southern California publications. A…

In October 2024 the servicer sent a flood insurance notice, but the borrower says the link she needed to upload her proof was buried in small print at the bottom of the page. On November 18, 2024, Shellpoint force-placed a flood policy and began drawing the premium from her escrow. She says she found the link that same…

The Securities and Exchange Commission has appointed Kathleen M. Hutchinson as Director of the agency’s Office of International Affairs (OIA). OIA advises the Commission on international policy matters, coordinates with foreign authorities across the globe to facilitate cross-border enforcement and supervisory cooperation and provides technical assistance. Ms. Hutchinson has served as OIA’s Acting Director since…