Roth IRAs do not reduce current-year taxes, but distributions (after five years) are tax-free. Traditional IRAs, on the other hand, do reduce current-year taxes—“but you have to pay them back later,” ...

If passed without revision, the House bill would be the biggest blow to clean power yet from Donald Trump's administration.

Vanguard today launched two municipal bond exchange-traded funds, including one designed for investors dealing with high New York state taxes. The Vanguard Long-Term Tax Exempt Bond ETF (VTEL) and the ...

Greater supply is also failing to bring prices down. The median sales price climbed 1.8% from a year ago to $414,000, a record for the month of April and reflecting greater activity at the upper end.

LPL Financial has added a Toledo, Ohio-based team that managed about $850 million in advisory, brokerage and retirement plan assets at Cetera to its broker-dealer, registered investment advisor and ...

Tush Push As the bond markets started to show unease this week, Trump redoubled his efforts to get the measure — formally named the One Big Beautiful Bill Act — passed in the House. He visited Capitol ...

Franklin Templeton has appointed Roger Paradiso to serve in the new position of head of Franklin Templeton Custom Client Solutions.

A White House directive would serve as a green light to private asset managers to compete for some $12.5 trillion in 401 (k)-type plans. With US pensions and cash-starved endowments tapped out, ...

Federal Reserve Governor Christopher Waller said the central bank could cut interest rates in the second half of 2025 if the Trump administration’s tariffs on US trading partners settle around 10%.

Lido sold a stake of its firm to HPS, which is an alternative investment firm with $150 billion in assets under management. It joins Charlesbank Capital Partners, which became a majority owner in 2021 ...

VisionPoint Advisory Group and Navitas Wealth Advisors have merged to create Balefire, an SEC registered investment adviser, with more than 60 financial professionals and almost $4 billion in assets.

The tax bill approved by the House today includes a provision for federally funded 'Trump Accounts' that give $1,000 to every newborn child in the U.S.