Investors are allocating their funds more into ETFs and less into mutual funds.
Investors are looking for clues on whether Trump's tax cuts will fuel enough growth to spur faster inflation, which in turn could prompt the Fed to accelerate increases in benchmark interest rates.
Once head of the Office of the Comptroller of the Currency during the 2008 financial crisis, John Dugan helped Citigroup to get a big bailout. He has now been tapped as a board member at the bank, making about $300,000 annually to attend six meetings a year.
Jim Cramer gives an exclusive sneak peak at Action Alerts Plus and his thoughts on Nucor. Watch the video to find out why he is in it for the long-term.
The Federal Reserve raised rates three times this year, the most since before the 2008 financial crisis, and is on track for further increases next year with economic growth solid, unemployment at a 17-year low and inflation subdued.
Economic data look great. Growth is solid, unemployment is at a 17-year low and stubbornly low inflation is rising. So the Fed is justified in raising rates -- including a likely hike at a meeting on Wednesday. But Bank of America is reminding investors that a rate-hiking cycle is rarely painless.
French asset management firm TOBAM has launched Europe's very first Bitcoin-focused mutual fund, which is set up in France but available to investors worldwide.