“This new ETF is a useful addition to our two ProShares ETFs currently offering short exposure to the U.S. Treasury market,” commented ProFunds Chairman and CEO Michael L. Sapir, referring to the company’s two ultra-short funds. “We are introducing this new ProShare in direct response to strong investor demand for a single beta short Treasury fund.”
After a mixed quarter for the firm's wealth unit, CEO Ron Kruszewski predicted that the Fed may cut rates zero or just once or even hike them in 2024.
The U.S. Chamber of Commerce and other business groups contend the Federal Trade Commission has exceeded its authority in nullifying contracts that prohibit employees from switching jobs to competitors.
Retirement doesn't have to mean scrimping and saving. Here are five parts of the country where seniors are living large in their golden years.
Advisor360° names former MassMutual exec Mike Fanning as its new CEO
Caz Craffy admitted to taking nearly $10 million entrusted to him by Gold Star families and using it for excessive trades through outside brokerage firms.
