S&P 500 Snapshot: Stocks End Lower To Snap 3-Week Win Streak

FINRA-registered brokerages’ gangbusters 2025 pushed up the industry’s pretax profits by more than one-third last year. Processing Content While the figures exclude wealth management firms without brokerage arms and include some companies that are broker-dealers but not wealth management firms, FINRA’s “2026 Industry Snapshot,” released last month, revealed important statistics for financial advisors. The six…

New York City Mayor Zohran Mamdani speaks during the annual New York State Financial Control Board meeting on August 12, 2026 in New York City. Michael M. Santiago | Getty Images New York City’s pied-à-terre tax can continue its planned rollout while it faces a legal challenge, an appellate judge ruled Thursday. The ruling comes…

The Digital Assets sector had plenty to say on stablecoins, the Coldcard hack, and crypto investing this week. Stablecoins “It’s a demand-side story for treasuries at exactly the moment the traditional buyers are stepping back. “The traditional U.S. marginal debt buyer was the foreign official sector, and that bid has been deliberately and structurally impaired. China’s…

Risk management has always been one of banking’s defining capabilities. Every lending decision, payment, investment, trading activity and customer relationship depends upon an institution’s ability to identify, assess and manage uncertainty. For decades, banks have refined sophisticated frameworks covering credit, market, liquidity, operational and financial crime risks. While these foundations remain essential, the environment surrounding…