Inheriting $1.5M: Keep or Fire a 3% Adviser?
Inheriting $1.5M? Before firing a 3% adviser, compare fees, services, paperwork, and transition costs to decide whether to negotiate, retain, or switch.
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Finance — Page 9
Latest in Finance
Yara Profit Rises as Strait of Hormuz Disruptions Lift Fertilizer Prices
Yara profit rises: Q1 core EBITDA of $896M beat estimates as Iran conflict disrupted seaborne fertilizer flows, pushing urea prices and lifting shares.
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AI Bond Binge Triggers Rare Credit Scrutiny
Tech giants' shift to AI bond issuance is flooding investment-grade markets, prompting reevaluation of AA/A credit and adding supply amid public deficits.
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Vail Resorts Cuts Earnings Outlook After Snow Drought
Vail Resorts expects earnings near the low end after an early-season snow drought cut visits about 20% and reduced on-mountain spending, hitting lodging.
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Blackstone Turns IPO Exits Into $1.76 Billion; Q1 Earnings Up 25%
Blackstone turned IPO exits and asset sales into cash, lifting distributable earnings 25%. The firm reported $1.76 billion in distributable earnings in Q1, asse
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Quiet AI Trade Rakes in Billions
Overlooked companies and supply chains pulled in billions as AI demand surged - from chip tools and memory to marketplaces - and reshaped U.S. trade.
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Euro Zone Growth Slows as Middle East Conflict Pushes Up Energy Costs
Euro-zone growth nearly stalled in March as Middle East energy disruptions raised costs, dented confidence and prompted the IMF to lower its 2026 forecast.
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Goldman Cuts Europe EPS Forecast to ~4%, Blames Weak Demand and Stronger Euro
Goldman Sachs now forecasts ~4% EPS growth in Europe for 2026 vs 13% consensus, warning weak demand, a stronger euro and China’s slowdown will cut corporate profits.
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IMF warns Iran conflict could cut global growth to 2 percent, push inflation past 6 percent
IMF warns a prolonged Iran conflict could cut global growth to 2% and push inflation above 6% in a severe scenario, straining energy markets and imports.
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Snapchat adds Place Loyalty badges to Snap Map
Snapchat's Place Loyalty on Snap Map awards bronze, silver or gold badges to top visitors (top 25%, 10%, 1%), requires opt-in location sharing, and helps brands track repeat visits.
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Record $18.9B Export Surge Gives Milei a Narrow Shot at Rebuilding Reserves
Argentina's 2024 $18.9B trade surplus from energy exports gives President Milei a chance to rebuild reserves if export dollars are turned into FX buffers.
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Vladimir Plahotniuc Sentenced to 19 Years for $1B Moldova Bank Fraud
Vladimir Plahotniuc was sentenced April 22 to 19 years for a scheme prosecutors say siphoned about $1 billion from Moldova's banks. He denies wrongdoing.
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ECB Officials Urge Wait on Hike Ahead of April Meeting
ECB officials urged a wait-and-see stance before the April 29-30 meeting, saying fresh data and oil-price volatility should guide any further rate hikes.
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PMI's Smoke-Free Push Lifts Q3 Profit, Raises EPS Guidance
Philip Morris (PMI) said smoke-free sales drove record Q3 adjusted EPS of $2.24 and raised full-year guidance to $7.46-$7.56 as smoke-free shipments surge.
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Emerging Markets Rally Pauses as Oil Risk Recedes
Ceasefire eased oil risk and paused emerging markets' rally; analysts warn trade deficits, currency pressure and capital outflows still pose risks.
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Backdoor Roth: How $3.2M Can Turn a $7,500 Conversion Into Taxable Income
With $3.2M net worth and a $200K traditional IRA, the IRS pro‑rata rule can make backdoor Roth conversions mostly taxable. Read how the calculation works.
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Dollar Gives Back Iran War Premium as Traders Pull Back
Dollar sheds Iran war premium as traders unwind after diplomatic signals eased shipping fears; investors now watch growth data and central-bank cues.
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Cash App launches parent-managed accounts for kids ages 6–12
Cash App lets parents open and manage accounts for children 6–12, with parent-controlled debit cards, scheduled transfers and savings goals plus interest.
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AI 'MAGA Girl' Racked Up Millions of Views and Sold Subscriptions
A 22-year-old student says he built an AI 'MAGA girl' persona on Instagram that drew millions of views and funneled followers to subscription platforms and merchandise.
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Meloni gives Terna CEO one choice: €7.3M severance or Eni chair
PM Giorgia Meloni said Giuseppina Di Foggia must choose a €7.3m Terna severance or the Eni chair, prompting legal and corporate governance scrutiny.
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AI's Next Bull Market: Infrastructure and the Edge
Chatbot hype cooled in 2026; investors are shifting into AI infrastructure, fiber and transceivers, plus broadband and edge platforms. Here's what could win.
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UnitedHealth Tops Q1 Estimates, Raises 2026 Profit Forecast
UnitedHealth beat Q1 estimates with $7.23 adjusted EPS and $111.72B revenue, and raised its 2026 adjusted earnings outlook above $18.25 per share.
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Stocks Rise as Traders Eye Iran Talks
Stocks rose as reports that U.S. and Iran could resume talks eased geopolitical risk, lifting tech and asset-manager shares amid softer wholesale inflation data.
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Russian Steel Consumption Falls in Q1 2026; Exports Provide Partial Cushion
Chermet data show Russian crude steel production and consumption fell in Q1 2026. Weak domestic demand, rising imports and constrained exports are weighing on the sector.
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Court of Appeal clears way for $6B Potanina divorce claim in London
Court of Appeal allows Natalia Potanina's $6 billion financial claim to proceed in England, forcing Vladimir Potanin to defend the case in London.
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5 min read