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Trump's Commerce Secretary nominee, Howard Lutnick, vows to sell his business interests in 90 days

WASHINGTON (AP) — Billionaire financier Howard Lutnick, President Donald Trump's choice to lead the Commerce Department, said Wednesday that he would sell all of his business holdings within 90 days.

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How The Adviser Shortage Creates An Opening For Independent RIAs

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Fed likely to hold rates steady despite Trump call for cuts as it awaits tariff, immigration changes

WASHINGTON (AP) — President Donald Trump lower interest rates, but the Federal Reserve will almost certainly keep its benchmark interest rate unchanged at its two-day policy meeting that ends Wednesday.

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Tesla's fourth-quarter results fall short of Wall Street estimates as rivals steal customers

Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest results fell short of Wall Street forecasts.

Asia shares are mixed after a US tech selloff as a Chinese rival joins the global AI frenzy

TOKYO (AP) — Asian shares were mixed in thin Lunar New Year trading on Tuesday after Wall Street’s tech superstars tumbled as a competitor from China raised doubts over the recent market frenzy.

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Stock market today: Asian markets are mixed after Wall Street edges back from its record

BANGKOK (AP) — Shares were mixed in thin Asian trading on Monday after U.S. stocks edged back from their all-time high.

Italian lender Monte dei Paschi launches 13-billion-euro takeover bid for peer Mediobanca

ROME (AP) — Italian lender Monte dei Paschi di Siena announced on Friday it was launching a 13.3 billion euro ($13.9 billion) takeover bid for peer Mediobanca in a surprise move that could reshape the country’s banking sector.

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China moves to boost languishing markets by ordering funds to invest more in shares

BANGKOK (AP) — The Chinese government plans to ensure that share prices will rise by ordering pensions and mutual funds to invest more in domestic stocks, to help jolt the markets out of the doldrums.

Stock market today: Asian stocks mixed as Trump's tariff threats raise uncertainty

HONG KONG (AP) — Asian stocks were mixed on Wednesday after U.S. President Donald Trump's latest comments on tariffs raised uncertainty in Chinese markets.

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Stock market today: Asian shares track Wall St's strong finish ahead of Trump's inauguration

BANGKOK (AP) — Asian shares advanced early Monday after U.S. stock indexes rallied to close out their best week in two months, while U.S. futures and oil prices were little changed.

US lawsuit accuses Pepsi company of price discrimination that favored Walmart over smaller stores

The Federal Trade Commission sued on Friday, alleging that it has engaged in illegal price discrimination by giving unfair price advantages to one large retailer at the expense of other vendors and consumers.

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Nation's largest trade group: holiday sales rose a better-than-expected 4%

NEW YORK (AP) — Sales for the 2024 holiday shopping season turned out to be robust and better than expected, as easing inflation on merchandise drove shoppers to buy, according to the nation’s largest retail trade group.

Stock market today: Asian shares advance after inflation data drives a rally on Wall Street

TOKYO (AP) — Asian shares mostly rose Thursday, following a rally on Wall Street driven by encouraging update on U.S. inflation.

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UK inflation unexpectedly eases in December, which could reduce pressure in bond markets

LONDON (AP) — Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut interest rates again next month.

Capital One sued by US watchdog alleging bank cheated customers out of $2 billion

NEW YORK (AP) — A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and “cheating" customers out of more than $2 billion in lost interest payments as a result.

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Q4 Market Roller Coaster Reveals Retirement Planning Pitfalls

The roller coaster markets of the last quarter of 2024 hold some important lessons for how advisors should approach retirement planning with their clients.

Walgreens tops Wall Street's expectations as drugstore chain continues turnaround plan

Walgreens booked a better-than-expected fiscal first quarter, but the drugstore chain lost $265 million as it closed U.S. stores and continued work to revive its business.

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New York governor wants to limit hedge funds from buying up homes

ALBANY, N.Y. (AP) — Gov. Kathy Hochul on Thursday said she will push for new laws to make it harder for hedge funds to purchase large numbers of single-family homes in the state.

Federal Reserve officials at December meeting expected slower pace of rate cuts ahead

WASHINGTON (AP) — Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of and the threat of widespread tariffs and other potential policy changes.

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Stock market today: Asian shares mostly rise after Wall Street rally led by Nvidia

TOKYO (AP) — Asian shares mostly rose Tuesday, deriving optimism from rising technology stocks on Wall Street, led by Nvidia.

New Generation Beta Brings Fresh Financial Planning Challenges, Opportunities

Generation Beta, born on Jan. 1, 2025, faces a unique financial landscape. Financial advisors must guide parents in long-term planning, as this generation may never retire.

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Still unable to find equipment makers, New Jersey offshore wind project seeks 2nd delay

ATLANTIC CITY, N.J. (AP) — A New Jersey offshore wind project is seeking a second delay, saying it still can't find someone to build crucial equipment for the turbines in the latest patch of turbulence striking the industry.

California will soon require insurers to increase home coverage in wildfire-prone areas

SACRAMENTO, Calif. (AP) — Hundreds of thousands of California homeowners who have failed to find or to home insurance as wildfires in the state become more destructive will once again be able to buy policies under a state regulation announced Monday.

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Turkey's central bank lowers key interest rate to 47.5%

ANKARA, Turkey (AP) — Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 47.5% on Thursday, carrying out its first rate cut in nearly two years as it tries to

Stock market today: Asian shares are mostly higher in thin post-Christmas holiday trading

BANGKOK (AP) — Asian shares were mostly higher Thursday in thin post-Christmas holiday trading, while oil prices rose.

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