Among investors who work with a financial advisor, 39 percent said their advisor recommended they purchase crypto assets, according to the survey, nearly double the 19 percent recorded in 2023. The regulator also found that 22 percent of crypto owners sought information from a financial advisor before buying, up from 13 percent two years earlier. Where advisors did recommend […]
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Microsoft kept its capex forecast unchanged on Wednesday, becoming one of the first data center giants to hold the line on the industry’s runaway AI spending spree. The stock surged about 8% on the news. Earlier this year, the company said it planned to spend $190 billion on capital expenditures this calendar year. On Wednesday’s […]
Berger Financial Group, a Minnesota-based registered investment advisor with more than $3 billion in assets under management, has sold a majority stake to the Bahrain-based alternative investment giant Investcorp, in a move that will establish a beachhead for further acquisitions, the firms announced. Berger, founded in 1981, has grown both organically and through acquisitions to […]
The U.S. housing market is experiencing a bifurcation. Luxury properties are being sold at a quicker rate than they were a year prior, driven by a diminishing supply and an increase in bidding wars. Conversely, starter homes are accumulating on the market, remaining unsold for extended periods, and undergoing price reductions as buyer interest wanes. […]
The central bank has announced the dates for next year’s policy decisions and quarterly Monetary Policy Reports.
Heading into today’s Fed announcement, futures markets indicated roughly a 1 in 3 chance that the Fed would hike rates. They did not. This seems like it should have been good news for rates, but there’s a catch. Rates exist on a spectrum defined by “duration.” Specifically, there are different rates for different lengths of […]
Many Americans are very concerned about AI. Can Mark Zuckerberg change their minds? That is what the Meta CEO is trying to do, via a persuasion campaign: Last week, the company launched an ad, scored by a David Bowie song, telling viewers to ignore “some people” who don’t like AI. Zuckerberg followed up a Wall […]
The winery becomes the first three-time consecutive winner of the #1 ranking as readers also name its wine club #1 in the nation SALEM HILLS, Ore., July 29, 2026 /PRNewswire/ — Willamette Valley Vineyards (NASDAQ: WVVI, WVVIP) has once again been recognized by wine enthusiasts nationwide, earning the #1 Best Wine Tasting Room ranking in the USA TODAY […]