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The U.S. Securities and Exchange Commission (SEC) announced on Wednesday that Alphabet, Goldman Sachs, and several other firms will collectively pay $3.8 million in penalties for late filings. The fines are part of a broader enforcement action aimed at addressing tardy disclosures related to beneficial ownership changes and

A new report from Cerulli Associates predicts that asset allocation model portfolios will surge to $2.9 trillion by 2026, driven by a shift in how financial advisors structure client portfolios. The findings, detailed in The Cerulli Report—U.S. Asset Allocation Model Portfolios 2024, highlight the growing trend of

UNCASVILLE, Conn. — The championship journey for Caitlin Clark and the Indiana Fever may not have materialized in just one season, but as Clark concluded her stellar rookie campaign, the excitement for what lies ahead is palpable. “It’s a good little taste of what’s possible for this organization,” Clark

Club América emerged victorious in the 2024 Campeones Cup, defeating Columbus Crew in a tense penalty shootout after a thrilling 1-1 draw in regulation time. Key Moments: * Goals: Víctor Dávila (68′) put América ahead with a clever finish, only for Malte Amundsen (77′) to equalize for Columbus moments later. * The

Los Angeles FC (LAFC) triumphed in the U.S. Open Cup final on Wednesday, defeating Sporting Kansas City 2-1 in extra time to secure their first title in the prestigious tournament. This victory marks LAFC’s first trophy since their 2022 MLS Cup win, providing a much-needed boost after a

The German economy is facing significant stagnation, as a leading European bank warns that months of negative news are compounding deep-rooted structural issues. According to ING’s head of global macro research, Carsten Brzeski, the Ifo Business Climate Index—a key indicator of economic activity—has declined for the fifth

Nippon Steel has received a significant boost as an arbitration board has ruled in favor of its $14.9 billion buyout of US Steel, despite opposition from the United Steelworkers (USW) union. The board, jointly appointed by US Steel and the union, determined that the company met all conditions outlined