Fed’s Kashkari says rising Treasury yields not a concern

“I just want a simple estate plan.” Wealth managers and financial advisors hear versions of this request regularly. It sounds straightforward, but it may carry more meaning than the words suggest. Advisors may immediately think about estate and income tax exposure, creditor protection, blended-family concerns, beneficiary vulnerability, business succession, retirement assets, charitable goals and the…

Mortgage rates dropped moderately today after the latest jobs report showed much lower jobs created than expected. The monthly jobs report is one of the most–if not THE most–important pieces of economic data to the rate market on any given month. If the numbers are close to forecasts, there isn’t always a big reaction. Today’s…

The new merchant discount rate (MDR) framework for high-value UPI merchant payments will help support investment in technology and payment infrastructure while encouraging wider acceptance of digital payments, the Associated Chambers of Commerce and Industry of India (Assocham) said.   Nirmal K Minda, president of Assocham, said the introduction of a calibrated MDR structure for…

DWS is listed separately in Frankfurt, while Deutsche Bank holds nearly 80% of its shares. Credit: PhotoGranary02/ Shutterstock.com. DWS Group, the asset management business majority-owned by Deutsche Bank, is considering a name change as it seeks stronger recognition among institutional clients outside Germany, reported Bloomberg.   According to the sources, the Frankfurt-based firm is planning to adopt the…

AI’s impact on estate planning, including automating tasks, communicating value propositions, and predictive analytics. Guidance on incorporating AI into estate-planning practices. Duration: 30-minute presentation followed by Q&A This webinar is part of the The T&E Inner Circle Expert Sessions The T&E Inner Circle: Estate Planning Expert Sessions, are subscriber-exclusive webinars featuring discussions on timely and…

As the AI boom becomes a major part of political debate, the public backlash against data centers in the U.S. is spreading to Europe and Asia — raising risks for investors. Across the Atlantic, negative sentiment is growing in Europe, which has more at stake due to its densely populated countries and higher electricity prices,…