Author: Jordan

Three men identified as part of a Romanian organized crime group are suspects in the theft of cash and credit cards from lockers at the Baierl Family YMCA in Franklin Park in December, according to a criminal complaint filed by Franklin Park police. Franklin Park police filed charges June 11 against Robert Cristian Amza, 36, Florin Ionut Costache, 28, and Mihai Antonio Andrei, 26. None of them are in custody, according to court records. According to police, Costache and Andrei were captured on surveillance cameras inside the YMCA on Dec. 13, while Amza was recorded using the credit cards taken…

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The SpaceX IPO is about to kick off the next leg of the bull market, according to Evercore ISI. Equity strategist Julian Emanuel expects that Friday’s debut of the rocket maker could send the S & P 500 to 9,000 in his bull case, or more than 20% above last week’s close of 7,431.46. His base case of 7,750 implies just a 4% increase from current levels. Emanuel likened the early enthusiasm around SpaceX to the Netscape IPO of 1995 that ushered in a period of optimism around the internet before the bubble eventually burst in 2000. He expects that…

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Dykema announced that Jacobus “Jake” Vollebregt has joined the firm as Senior Counsel in its Corporate Finance and Data Privacy and Cybersecurity Practice Groups. He will be based in the firm’s San Antonio office. Vollebregt joins Dykema from Quadrant Law Group, where he served as a partner advising clients on commercial transactions, data privacy and cybersecurity matters, regulatory compliance, and enterprise risk management. His practice spans industries including finance, technology, real estate, healthcare, education, and critical infrastructure. He advises organizations on complex commercial agreements, compliance and data protection programs, enterprise risk management, and evolving regulatory requirements. A Certified Information Privacy…

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Saraja Samant: Hi everyone. I’m Saraja Samant with Morningstar. 2025 was a standout year for global bond markets, but 2026 has been a different story. Geopolitical tensions, tariff uncertainty, and a weakening dollar all have sent surging volatility through fixed-income markets worldwide. To make sense of it all, I’m joined by Anujeet Sareen, portfolio manager and head of fixed income at Franklin Templeton’s Brandywine. Anujeet, let’s start with the market landscape. How have global bond markets evolved over the course of your career?2026 Morningstar Investment Conference: From SpaceX to Safeguarding RetirementAnujeet Sareen: Sure. I started back in the early 1990s,…

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Advisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives. Dr. Frank Sortino revolutionized risk management by focusing on downside risk and introducing the Sortino Ratio. His Desired Target Return (DTR) aligns portfolio risk with investor objectives, improving upon traditional volatility metrics. The Sortino Ratio evaluates returns relative to downside risk below DTR, creating a superior framework for evaluating investment performance, especially for hedge funds where the “hedge” typically reduces downside risk. Sortino’s portfolio construction framework combines skillful active managers with passive funds for optimal risk-adjusted returns relative to specific DTRs. Dr…

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“With Rhode Island property taxpayers already facing some of the highest property tax levels in the country, it’s concerning that several communities are raising taxes beyond the 4 percent cap,” RIPEC President and CEO Michael DiBiase said in a statement. Get Rhode MapA weekday briefing from veteran Rhode Island reporters, focused on the things that matter most in the Ocean State.Five communities far exceeded the tax levy cap. Little Compton, a seaside town of just 3,584 people, saw its tax levy spike by 11.78 percent in fiscal year 2026. Pawtucket, the state’s fourth-largest city, had a 6.4 percent increase, while…

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There’s a fine line between infatuation and self-destruction, and Ryan Belcher dances across it with a grin on his latest single, “TEETH.”The Southern California pop artist has built a reputation for blending colorful storytelling, sharp humor, and emotionally honest songwriting into his music, and “TEETH” may be his most compelling release yet. Serving as the first single from his upcoming project ‘I LOVED YOU SO MUCH I GOT SICK,’ the track captures the spiraling thoughts that can emerge when attraction collides with insecurity.Inspired by a real-life date that left Belcher obsessing over every perceived flaw, “TEETH” transforms anxious overthinking into…

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© RHJ / iStock via Getty Images Precious metals are roaring back after the announcement of a permanent Iran ceasefire, but the Aberdeen Physical Platinum Shares ETF (NYSEARCA:PPLT) is worth paying attention to if you want to buy into a more long-term rally. This ETF tracks the spot price of physical platinum bullion, and there’s a significant platinum shortage. PPLT surged by over 200% from early April 2025 to January 2026, though it has given back 35% since. The long-term supply crunch could lead to prices making a sharp comeback from here, especially as jewelry fabricators and retail…

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Nigeria’s states have entered 2026 with some of their largest budgets on record. Supported by improved federal allocations and ambitious revenue projections, many governments are promising major investments in infrastructure, healthcare, education, agriculture and other development priorities. Record budgets are creating high expectations across the country. But the first-quarter numbers suggest that many states are still struggling with a familiar challenge in turning budget promises into completed projects. For policymakers, development practitioners, investors, and citizens, this distinction matters. Budgets may indicate government priorities, but implementation determines whether roads are constructed, hospitals are equipped, schools are improved, and public services become…

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