Month: October 2019

Fidelity Investments has joined its rivals by offering zero-commission online trades, but it’s trying to differentiate itself by not selling the right to execute trades to third-party firms, brokerage executive Kathleen Murphy told CNBC on Friday. “We do not take payment-for-order-flow on equity orders,” said Murphy, president of Fidelity’s personal investing business. “Many competitors do
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It’s hard to save money these days. Interest rates are really low, which is great if you’re borrowing to buy a house or a car, but not ideal if you’re looking to save. The interest rate for the typical U.S. savings account is .09%, for example. But, a group of tech companies, including Credit Karma,
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David Rea, president of No. 1-rated financial advisor firm Salem Investment Counselors, attributes his start in the business to excellent professors at Indiana University while he was pursuing an MBA. Salem Investment Counselors Everyone loves a good origin story, whether it’s fictional, like Superman’s, or real life — think Warren Buffett or Steve Jobs —
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Matt Bird | Corbis | Getty Images Where is the future of financial advice headed? The answers always seem fraught with risk and uncertainty. While the bull market in stocks has gone a long way to helping the advice industry recover from the reputational fallout of the financial crisis, technology, demographics and regulatory confusion continue
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CNBC’s Jim Cramer is warning against trading stocks on the roller coaster of U.S.-China headlines as the two countries restarted high-level talks aimed at ending their 15-month-old trade war on Thursday. Markets are “hostage to events that are not only totally out of our hands, but I think totally out of the president’s hands,” Cramer
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Square began in 2010 after the invention of a small credit card reader that plugged into iPhones. Nearly 10 years later, the company has grown into a $26 billion fintech behemoth with a diverse line of checkout hardware products. The company also provides a wide range of software products for sellers that helps simplify everything
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