Wera Rodsawang | Moment | Getty Images The richest U.S. households have financial needs different from those of the average investor and, as such, seek out financial advisors who specialize in managing this echelon of wealth. The inaugural CNBC Elite Advisors list recognizes 25 of the nation’s leading investment advisors serving ultra-high net worth individuals…
Thomas Barwick | Digitalvision | Getty Images The wealth management industry is in the middle of a sweeping shift, as more firms move up the wealth ladder to serve the richest individuals and families. Technology, competition and industry consolidation are pressuring fees and profitability, experts say. At the same time, the population and fortunes of…
Oil tankers and cargo vessels remain anchored off Port Sultan Qaboos on June 21, 2026 in Muscat, Oman. The Strait of Hormuz, a vital shipping route for the region’s oil and gas, was effectively blockaded since the outbreak of war between the United States and Iran in late February. On Sunday, U.S. Vice President JD…
A view of Baglihar Dam, also known as Baglihar Hydroelectric Power Project, on the Chenab river which flows from Indian Kashmir into Pakistan, at Chanderkote in Jammu region May 6, 2025. Stringer | Reuters A year after their last military conflict, tensions between India and Pakistan are rising again, this time over access to water…
U.K. Prime Minister Keir Starmer is expected to set out a timetable for his departure on Monday, reports suggest, kickstarting a process that will see the country appoint its seventh leader in a decade. Andy Burnham, Labour’s former Greater Manchester Mayor, is favorite to replace Starmer after winning a special election in north-west England last…
BEIJING, CHINA – NOVEMBER 11: The national flag of China flies in front of the headquarters of the Ministry of Commerce on November 11, 2025, in Beijing, China. Cheng Xin | Getty Images News | Getty Images China imposed fresh trade restrictions on dozens of U.S. entities on Monday, retaliating against Washington’s move to add…
The U.S. and Iran made progress during talks in Switzerland on Monday toward reaching a final deal within 60 days, including the agreement to establish a committee and a mechanism to end hostilities in Lebanon. “The Lake Lucerne Summit was conducted in a positive and constructive atmosphere. Encouraging progress has been made, including the creation…
APA Corporation’s Forties Alpha oil platform in the North Sea. Courtesy: APA Corporation Oil prices climbed Monday after U.S. President Donald Trump threatened renewed military action against Iran, raising concerns about the durability of a fragile interim peace agreement reached last week. Trump made the threat on Sunday, even as Vice President JD Vance met…
Federal Reserve Chair Kevin Warsh speaks to reporters during his first news conference since taking the helm at the central bank on June 17, 2026 in Washington, DC. Chip Somodevilla | Getty Images Federal Reserve Chairman Kevin Warsh’s first big announced changes point toward a quiet revolution, with task forces set up to rethink virtually…
Sopa Images | Lightrocket | Getty Images The Federal Reserve indicated the possibility of a rate hike this year after its latest meeting, which could have implications for income-seeking investors. Given this backdrop, dividend-paying stocks with strong yields and upside potential could help investors earn attractive returns. Backed by solid research, top Wall Street analysts…
