David A. Noyes & Co. has helped raise money for companies—including Indianapolis-based Digonex Technologies Inc. and Fishers-based SteadyServ Technologies LLC—by persuading its clients to invest. But such investments, known as private placements, are risky by nature—and Noyes’ clients have not always been happy with the results.
Developers, investors race to capitalize on ‘opportunity zones’ tax break
The federal “opportunity zones” initiative, designed to spur investment in low-income communities nationwide, is still in its early stages—but it’s already grabbed the attention of local developers and investors. Created as part of the federal tax legislation known as the Tax Cuts and Jobs Act of 2017, the initiative offers substantial tax breaks to those […]Read More
Local investment adviser facing lawsuit over soured business deal
In the lawsuit, a Pendleton financial adviser says he purchased client accounts from a fellow adviser who then defamed him and persuaded some of those clients to move their money elsewhere.Read More
We’re seeing some cracks in the “growth at any price” fan base and a long-overdue return to sanity by investors.
The latest push to sell was fueled by a report showing hiring by U.S. companies slowed more than expected last month, particularly in mining and manufacturing.
U.S. stocks climbed Monday and gave one last nudge to ensure the Standard & Poor’s 500 emerged from yet another tumultuous quarter with a modest gain.
Kittle’s Furniture has provided seed funding to accelerate retail startup ParkerGwen.com’s growth, the companies announced Monday.
The 10 chosen companies deal with a diverse range of technologies, including advanced materials, construction, infrastructure, sensors and environmental services, according to Heritage Group officials.
Federal Reserve Chairman Jerome Powell had barely finished speaking to central bankers in Jackson Hole, Wyoming, before President Donald Trump escalated his attacks on the Fed, which he has repeatedly accused of keeping rates too high.
Against the backdrop of a vulnerable economy, Federal Reserve Chairman Jerome Powell takes center stage Friday with the financial world seeking information on whether last month’s first Fed rate cut in a decade likely marked the start of a period of easier credit.
The former Charles Schwab broker allegedly used a client’s tax refund for personal use, which led to his termination.
The yield on the 10-year Treasury briefly dropped below the two-year Treasury’s yield Wednesday morning for the first time since 2007. The so-called inversion has correctly predicted many past recessions.
Technology stocks led the gains in a reversal of Monday’s slump, when they bore the brunt of the market sell-off that pushed U.S. indexes 3% lower.
Major stock indexes dropped dramatically on Wall Street on Monday, their worst loss of the year, after China countered President Donald Trump’s latest tariff threat by letting its currency weaken to the lowest level in more than 10 years.
U.S. stocks nosedived in morning trading Monday as China’s currency fell sharply and stoked fears that the trade war between the world’s two largest economies would continue escalating.
A turbulent day on Wall Street ended in the record books Thursday as the Dow Jones industrial average climbed above 27,000 for the first time and the Standard & Poor's 500 index hit another all-time high.
The 30-year mortgage is the default. It shouldn’t be. A 15-year mortgage should be the default. You should choose a 30-year only if you have an incredibly compelling reason not to go with a 15.
Delivering the central bank’s semiannual report to Congress, Federal Reserve Chairman Jerome Powell said that since Fed officials met last month, “uncertainties around trade tensions and concerns about the strength of the global economy continue to weigh on the U.S. economic outlook.”
When asked how financially comfortable they feel about retirement, only 14% of Americans under the age of 50 and 29% over 50 say they feel extremely or very prepared, according to the poll.
Investors extended a rally through a holiday-shortened day and pushed major stock indexes to record highs on Wednesday.