Author: BostonNewsletter.com Est. 1704

Iconic vacation spots become iconic for a reason. But many of these spots have surged so far in popularity that it’s not always a fun experience to visit there anymore when you have to mingle with intense crowds.That’s true even within the U.S., where certain parks, beaches, trails and cities are getting uncomfortably overrun. That’s a growing concern in 2026 as Americans are continuing to spend more on domestic travel amid both inflation and U.S.-centric events like the World Cup and America 250.The solution for travelers? Look into “second-city tourism,” a travel trend where you pick a spot that offers…

A growing number of corporate leaders, buckling under the stress and uncertainty of the AI age, are looking for a very human solution: A chief of staff. Source link

After spiking to a near-record high in May, financial advisors’ confidence in the overall economy and the equity markets fell last month, as advisors reported their most pessimistic view to date of the economy’s long-term prospects.Overall, advisors’ feelings about the health of the economy fell 12% to an index reading of 106, while their sentiment about the stock market’s prospects dropped almost 8% to a reading of 121, according to the Wealth Management IQ Advisor Sentiment Index, a monthly survey of financial advisors.A reading of 100 indicates a completely neutral view. Index levels above 100 signal a positive view, while…

The CUSMA uncertainty is adding another layer of caution. An early July survey found roughly 35 percent of Canadian SMEs had not yet been able to gauge what the US decision on CUSMA would mean for their operations. A clear majority of small firms, 64 percent, want Ottawa to hold out for better terms rather than accept a quick deal. A BDO Canada analysis of CUSMA’s impact on cross-border business found that tariff volatility is already influencing corporate decision-making across automotive, manufacturing, and energy sectors. Interprovincial trade barriers are also weighing on growth. More SMEs are shifting away from US…

Welcome to Kiplinger’s My First $1 Million series, in which we hear from people who have made $1 million. They’re sharing how they did it and what they’re doing with it. This time, we hear from a 68-year-old single government lawyer in Henrico, Virginia, who vows she’ll never retire.See our earlier profiles, including a writer in New England, a literacy interventionist in Colorado, a semiretired entrepreneur in Nashville and an events industry CEO in Northern New Jersey. (See all of the profiles here.) From just $107.88 $24.99 for Kiplinger Personal Finance Become a smarter, better informed investor. Subscribe from just…

As prediction markets draw record trading around events like the World Cup, Jump Trading Group is betting the once-niche contracts are becoming a lasting corner of Wall Street. Source link

JPMorgan is adding to its recurrent legal actions against former bank-based advisors with a lawsuit questioning a recent defector’s right to move clients he met largely through bank referrals.Processing ContentJPMorgan filed a lawsuit on Wednesday in federal court in Chicago seeking a temporary restraining order against Alan Feutz, a one-time private client advisor who left the firm last month to join the LPL Financial affiliate Genesis Wealth, which holds itself out as a destination for bank-based advisors leaving large Wall Street firms. It was just the latest suit JPMorgan has filed against former advisors it accuses of trying to poach…

Wealth Enhancement, an acquisitive Minneapolis-based registered investment advisor overseeing $158.2 billion in client assets, has brought on the investment advisory business of Raleigh, N.C.-area WealthShield Partners and its affiliated wealth management practice, Madison Oaks Wealth Partners, which together managed more than $993 million in assets.WealthShield Partners is led by Managing Partner Robert Leggett, while Madison Oaks Wealth Partners is led by Managing Partner Scott Lord and partners Kenny Bollinger, Stuart Gay and John Maher. The organizations will operate as Wealth Enhancement firms under the Emerald Team and Madison Oaks Team names, respectively.WealthShield Partners was founded in 2013 and is focused…

Canadian trade tariffs on steel, aluminum, automobiles, and cabinetry continue to affect industries with significant cross-border activity. These sectors remain outside CUSMA’s protections. Meanwhile, Ottawa directed the Canadian Radio-television and Telecommunications Commission (CRTC) earlier this year to reconsider a decision that tripled streamers’ contributions to Canadian content. That move came after pressure from US interest groups and the US Ambassador to Canada Pete Hoekstra. Greer said the change was welcome — but again, not something Canada should expect credit for. What this means for Canadian advisors Nearly half of Canadian advisors are already fielding tariff and trade questions from clients,…

Over the past 12 months, Capital Group Dividend Value (CGDV) sports one of the best returns in the Kiplinger ETF 20, our favorite exchange-traded funds. Its 33% one-year return through May beat the S&P 500 as well as 88% of its peers (funds that focus on large-cap stocks trading at value prices).The exchange-traded fund aims to generate an above-market-average dividend yield by focusing on high-quality U.S. companies — 90% of the portfolio holdings must be stocks of companies with investment-grade credit ratings, and 90% must pay dividends. The fund currently yields 1.3%; the S&P 500, 1.1%.The result, says fund comanager…