Miriam Gottfried

Blackstone's top private-equity executive, Joseph Baratta, is preparing to leave the firm, according to people familiar with the matter, the latest in a series of departures by senior leaders from the private-investment giant.

The government moved to block some versions of an ETF maneuver known as “351 conversion transactions,” while flagging others.

Wealth advisers and investment managers are trying to persuade their clients to embrace an asset class that many have grown to despise.

The bond market is selling off, but the classic 60-40 portfolio is doing what it is supposed to for the first time in years

This year is on pace to be the first since 2021 that stock and bond prices have moved in opposite directions, according to data from the Leuthold Group. That is the cornerstone of the classic 60-40 portfolio, where a diversified portfolio of 60% stocks and 40% bonds cushions volatility, with one ris

The rip-roaring popularity of a strategy that helps individual investors lower their tax bills is powering an unprecedented borrowing binge.

Margin loan balances at Charles Schwab swelled to nearly $190 billion in the third quarter, fueled by the growth of one tax-loss harvesting strategy.

John and Laura Overdeck have been engaged in a monthslong trial that could produce one of the largest divorce settlements in history

The contentious divorce trial of hedge-fund titan John Overdeck and his estranged wife Laura has offered the public a rare window into the mind-boggling wealth being generated on Wall Street.

The couple had no prenup, despite Two Sigma managing about $350m by their wedding.