Deloitte

Advisor Upside

Fidelity Hires New Head of 1,700-member Family Office Network

Photo by Hapabapa via iStock

Fidelity has hired an industry veteran to lead one of the world’s largest professional networks of family offices.

1 min read

Photo by Amtec via CC BY-SA 2.0

Advisor Upside

Rich Families’ Wealth to Grow to $9.5 Trillion by 2030

Wealthy families with their own family offices will be nearly 200% richer by the end of the decade, according to a Deloitte report.

1 min read

Photo by News Øresund – Kristoffer Dahl via CC BY 3.0

Healthcare

AI Wants to be the Future of Drug Discovery

Novo Nordisk on Wednesday announced an expanded deal with healthtech firm Valo Health to use AI to fuel drug discovery.

2 min read
Photo by WORKSITE Ltd. via Unsplash

Energy

Oil Prices Trapped Between Falling US Crude Inventories and Rising Gasoline Stockpiles

A spill of new data Wednesday sent oil futures slipping and sliding in opposite directions. So is Big Oil’s tank is half-full or half-empty?

2 min read
Photo by Federal Reserve Board of Governors via Public Domain Mark 1.0

Markets

Yield on 10-Year Treasury Note Touches 18-Year High as Inflation Indicators Mount

On Tuesday, the overall yield on the US 10-Year Treasury Bond touched its highest intraday point, 4.699%, since last spring.

2 min read

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