Focus Financial Partners Promotes Birenbaum, Ferri to Key Executive Posts

Published on April 30, 2025

Focus Financial Partners CEO Michael Nathanson calls the move a step towards “coherence and convergence” across the firm’s business lines.

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The Big Four Recession Indicators: Real Personal Income Up 0.7% in March

April 30, 2025
Personal income (excluding transfer receipts) rose 0.6% in March and is up 3.7% year-over-year. However, when adjusted for inflation using the BEA's PCE Price Index, real personal income (excluding transfer receipts) was up 0.7% month-over-month and up 1.4% year-over-year.

Rare Earth Restrictions

April 30, 2025
After the U.S. imposed substantial tariffs on China, Beijing responded with tariffs of its own and with restrictions on exports of seven rare earth minerals. The latter action will be a particular hindrance to American manufacturers.