At a 7.41% rate when that loan was originated, the homeowner would pay $2,700 a month. But refinancing the remaining $386,000 into a new 30-year mortgage at the current 6.13% rate would translate to a ...

Nearby, developers GFP Real Estate and Metro Loft are converting a former JPMorgan Chase & Co. outpost into more than a thousand apartments. And Metro Loft and Silverstein Properties has started ...

And he would trust a doctor to operate on his knee, but not if he had a side hustle selling body parts. The problem is that, in an economy as big as America’s, it’s impossible for any one person to ...

Government regulators have ordered Merrill Lynch, Pierce, Fenner & Smith Inc. and Harvest Volatility Management to fork over $9.3 million in fines and disgorgement after accusing the firms of ...

Dozens of Wellington Management employees are leaving as part of voluntary job cuts at the Boston-based asset manager. The firm offered “some long-tenured employees” a chance to leave with severance, ...

In an analysis of flood-prone Thailand, which has a debt-to-GDP ratio of about 60%, Bernhofen’s team showed that flooding may “result in significant capital stock and macroeconomic losses,” creating ...

Walking by an open session at INBOUND24, my ears perked up when I heard a speaker on the stage say, “Targeted micro content.” Hearing that industry jargon made me smile, because, as a marketing nerd, ...

The Texas Capital Government Money Market ETF begins trading under the ticker MMKT, according to a press release. While other short-dated bond ETFs exist, MMKT is the first to follow the so-called ...

“Helping companies operate well should always be an important initiative,” said Lou D’Ambrosio, the former CEO of Sears Holdings who leads Goldman’s unit devoted to boosting growth at the firm’s ...

Growth and interest rates that were favoring the dollar “are now peaking and moving in favor of the ex-U.S. universe,” said Kandhari, deputy chief investment officer and head of macroeconomic research ...

Kingswood U.S., a network of independent wealth management firms that oversees more than $15 billion in client assets globally, has acquired the Nashville, Tenn.-based Eudaimonia Partners and ...

Merton won a Nobel Prize in economics in 1997 for a method to determine the value of derivatives and has been thinking deeply on the subject of trust for decades. What follows is a lightly edited ...