Precidian Funds LLC is planning to offer U.S. investors blue-chip foreign stocks in a fund structure that could eliminate the risk of a falling foreign currency hurting the stock price.
Policy makers agreed to raise their benchmark lending rate for the third time in six months, maintained their outlook for one more hike in 2017 and set out some details for how they intend to shrink their $4.5 trillion balance sheet this year.
ETFs account for a greater portion of trading volume in bank stocks than ever before.
DoubleLine Capital's chief referred to the current U.S. political conflict as "rope-a-dope."