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What are the primary concerns of investors today and what type of support are they looking for from financial advisors? These are critical questions for advisors, and the answers can guide how they promote their capabilities and guide client conversations. Fortunately, a survey that Russell Investments conducts every year provides…

During the last months, private equity real estate investors have closed significantly fewer deals. Transactions in this space were below pre-pandemic levels during the first quarter of 2023, as reported by CoStar. Many institutional investors are sitting on the sidelines too, watching for potential price drops and opportunities related to…

Inflation has increased anxiety among recent college graduates and most are worried about how rising costs will impact their future financial situation, according to a recent survey. Roughly half (55%) of the students said their mental health got worse because of inflation, according to a Studocu survey. Sixty percent said they…

The number of Americans filing for unemployment benefits last week surged to the highest level since 2021, evidence the historically tight labor market is softening in the face of rising interest rates. Figures released Thursday by the Labor Department show initial claims for the week ended June 3 surged by…

DETROIT – General Motors announced plans Monday to invest $632 million for production of its next-generation full-size pickup trucks at a plant in Indiana.The investment is the automaker’s third such announcement in the past week involving GM’s next-generation large trucks and SUVs, which are based on the same vehicle architecture…

JPMorgan Chase has settled a class action suit from Jeffrey Epstein’s sexual abuse victims. The victims had accused the bank of enabling sex trafficking by the deceased financier when he was a client. A joint statement from the nation’s largest bank and attorneys for the victims said they “have informed…

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