Bond based mutual funds on the other hand were up, adding $2 billion in the week, up from $1.3 billion the week prior. Domestic stock funds had $2.9 billion in inflows, an increase of $700 million from a week earlier, while international stock funds had outflows of $2.4 billion, a reversal of the $800 million in inflows a week ago.
TrimTabs.com is based in Santa Rosa, Calif. and directly tracks the cash flow of 679 stock funds and 291 bond funds.
The Wall Street giant has been moving away from providing in-house retail investment advice to finding ways it can support smaller firms.
The Internal Revenue Service and the Treasury Department released final regulations on the transfer of clean energy manufacturing, investment and production tax credits, with specific rules for partnerships and S corporations.
Here's how commenters such as the AARP, SIFMA, FSI, the Consumer Federation, NAPFA, the CFP Board and others view the Department of Labor's retirement advice regulation.
In the first three months of 2024, both profits and client assets reached new heights at RayJay's Private Client Group.
An experiment tested different generative AI models against each other on multiple choice questions from CPA Exam test prep material, and found they have their own strengths and weaknesses.
Last year, almost $1 trillion flooded into money market funds. Here are the 20 that have grown the biggest.
