State Street Launches ETFs for Building Bond Ladders

Published on September 27, 2024

The corporate and municipal "target maturity" ETFs are the first on the market, State Street says.

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$100M Suit Against Envestnet Heads to Jury Trial

September 27, 2024
The long-running suit alleges Envestnet and Yodlee misappropriated FinancialApps' proprietary software platform.      Related StoriesNew Bill Increases Social Security Death BenefitTwo-Thirds of Americans Worry About Medicare's SolvencyEnvestnet Wins Shareholder Approval for Sale to Bain Capital

The Big Four Recession Indicators: Real Personal Income Up 0.1% in August

September 27, 2024
Personal income (excluding transfer receipts) rose 0.23% in August and is up 5.4% year-over-year. However, when adjusted for inflation using the BEA's PCE Price Index, real personal income (excluding transfer receipts) was up 0.14% month-over-month and up 3.1% year-over-year.