The AI Powered Equity Exchange-Traded Fund will use IBM Corp's Watson artificial intelligence technology to pick several dozen stocks with potential to beat the market.

Revenue from the bank's wealth business rose 8.7 percent to $4.22 billion and generated pretax margin of 26.5 percent.

Insured losses from the California wildfires will total billions of dollars for vintners, home owners and other entities.

Of eight shareholder resolutions on board diversity 2017 at Russell 3000 companies, State Street funds backed one, opposed four and abstained on three others.

The SPDR is up 13 percent year-to-date, with much of the gain coming after the Fed's September meeting.

Gross said the Fed's loose monetary policy had resulted in investors chasing yield and thus producing tight corporate spreads everywhere around the globe.

The federal jury in Boston sided with the SEC in finding that former F-Squared CEO Howard Present intended to defraud investors.

Greg Fleming plans to form Rockefeller Capital Management, which will focus on wealth management, asset management and strategic advisory.

SoFi Wealth had amassed only $12.25 million in assets under management at the start of September.

With the addition, Invesco's ETF assets under management would total more than $196 billion globally.