UPS Financial News

By David Lawder

The lowest nationally advertised fixed rates fell again this week, right in time for the bustling spring housing market.

By Aatrayee Chatterjee

As major blue chip cryptos like Bitcoin (BTC) and Ether (ETH) nudge higher on Friday but remain stuck within weekly ranges, traders looking for faster gains continue to migrate to the highly volatile on-chain shitcoin markets on the hunt for top crypto gainers today.

As macro tailwinds following dovish commentary from Fed Chair Jerome Powell help lift major cryptos back towards recent highs, investors hunting for the best crypto to buy today would do better by taking a look at smaller altcoins, many of which are enjoying outsized pumps.

Authorities say the crew of what is considered the world’s largest cruise ship rescued 14 people clinging to a small boat adrift on the ocean

Electric truck maker Rivian says it's pausing construction of a $5 billion manufacturing plant in Georgia

Stocks rose to another record, with easier interest rates beckoning on the horizon

Home insurance has become more expensive in Canada this year amid soaring replacement costs and extreme weather events, according to a new analysis.

Equitable Advisors, a national wealth management business that includes thousands of financial professionals, is welcoming a California-based advisor back into its platform. The firm announced that Michael Shieh, who most recently managed $181 million in client assets at Cetera Investment Advisors, is returning to its network.

Whether you’re an Investment Advisor Representative at an RIA firm or an Individual RIA, you should be familiar with the top RIA custodians. As of this writing, the “big four” RIA custodians (in no particular order) are Pershing, Fidelity, LPL Financial and Charles Schwab.  

It’s not strange that commercial real estate worries continue to keep advisors and investors from loving REIT stocks. Still, maybe it’s finally time they stop worrying and love the bond alternatives.  

As a result of its five-year legal skirmish with the Securities and Exchange Commission over alleged conflicts, Commonwealth Financial Network is preparing for a potential fine and loss of between $5 million and $24 million, according to a filing at the end of February with the SEC.

Vivo and Oppo are appointing Indian distributors in each state as the primary source of product supply to the trade to help resolve a long-standing point of conflict with the Centre. The aim is to localise the distribution structure in India, two industry executives said. Vivo and Oppo are the largest brands of China's biggest smartphone manufacturer BBK Group. Until now, the brands had one or two Chinese-owned and managed distribution companies in each state, referred to as agents. They would in turn channel goods to retailers through local distributors. From next month, Vivo will scrap its agents in Delhi, Punjab and Haryana, having put in place Indian distributors for these states. Lens on Chinese companies

NEW DELHI : Onion prices, which are sharply higher this year, are likely to stay elevated, with scanty rains hurting production of the kitchen staple. Onion output in the 2023-24 crop year may fall 15.6% to 25.4 million tonnes (mt) as key growing regions received weak rains, the agriculture ministry said. Production is expected to be lower by 3.4 mt in Maharashtra, 995,000 tonnes in Karnataka, 354,000 tonnes in Andhra Pradesh and 312,000 tonnes in Rajasthan.

Investing.com-- The S&P 500 closed at record high Thursday, led by tech, as Federal Reserve Chair Jerome Powell reiterated rate cuts are on the table this year, adding to investor optimism that global central banks are expected to begin easing monetary policy measures in June. 

By Sinead Cruise and Yadarisa Shabong

By Jamie McGeever

Thursday, March 7th, 2024 – Solana-based meme coin $SMOG ’s price powered 60% higher overnight as the Asian buying frenzy continues and rumors of a Binance listing abound. The dragon coin with a monster 35% of total supply being airdropped is firing up. Its price keeps breaking new ground as its parabolic run-up continues. $SMOG token is valued at $0.28 and could soon be trading at $1 if the present rate of appreciation continues.  Meme coins are outperforming all other altcoin sectors, and beating bitcoin too, as investors search out tenbagger returns. Rare in the world of stocks, 10x gains are far from a rarity in the meme coin space, as $SMOG’s performance shows. Over the past 24 hours $SMOG was the top gainer overall. It was the third-placed overall gainer among the top 500 coins over a seven-day period and is a top trending coin on various trading sites – it reached No.3 on Dextools for instance. 

A sweeping bank regulatory proposal will be significantly revised by year’s end, Federal Reserve Chair Jerome Powell said Thursday, a potential victory for the large banks that have aggressively opposed the likely changes

Investing.com — Rivian surged Thursday after the electric vehicle maker unveiled three new EVs and said it would save over $2 billion from pausing production at its Georgia plant.