FA News

Yale Posts 12.3% Gain As Endowment Reaches Record $29.4 Billion

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Yale beat Harvard and many of its elite peers.

Vegan ETF Is Latest Fund To Tap Into Do-Gooder Investing Spirit

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ETFs, the millennials of the investing world, are staying on-trend. The latest? Going vegan.

New Mexico Top Performing State Economy Since Trump Took Office

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New Mexico’s economy leads other states in job and wage gains.

JetBlue Bets On Bag Fees And Fewer-Frills Fare To Boost Revenue

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The company is lagging the airline industry’s share returns for a third straight year.

GE's $500 Billion Market Loss Is Like Erasing Facebook

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GE has lost a staggering amount in market value since its all-time high in 2000.

House Advances Tax Cut 2.0 Bill, Senate Has No Plans To Act

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House Republicans moved to make 2017 tax law provisions permanent, but it might go nowhere.

Druckenmiller Sees 'Massive' Debt Fueling Next Financial Crisis

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Stan Druckenmiller joins a growing list of financiers and money managers who have predicted debt will trigger a crisis.

Facebook Says Security Breach Affected About 50 Million Accounts

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The breach this week allowed hackers to take over people's accounts.

Crypto's Open Secret: Multibillion-Dollar Volume Is Suspect

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Some suspect exchanges are encouraging users to inflate volumes.

Merrill Lynch Adds New Restrictions On Penny-Stock Sales

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Clients will not be able to sell penny stocks without a regulatory review.

Trillion-Dollar Deficit? Whatever, Says New Washington Consensus

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Deficits are supposed to trigger inflation and scare off bond investors. The latter don’t seem too alarmed.

Majority Of CEOs Around The World Aren't Recession-Tested

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Most of them weren't in their posts during the 2008 financial crisis.

Hank Paulson Says China Trade War Risks Long-Term Pain For U.S.

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Trump's trade policies could cause nations to steer clear of U.S. markets permanently, he warned.

Musk's SEC Woes May Erase Half Of Tesla's Value, Barclays Says

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The SEC could bar Musk from serving as an officer of a public company.

Women Need To Partner With Men To Balance The Gender Scale

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There simply aren’t enough women in the advisory space to boost the female head count, says Raymond James executive.

Trader Who Ripped Off His Mom, Friends Gets 8 Years

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The former Morgan Stanley trader ran a phony hedge fund from his rented home in a wealthy New York suburb.

Nearly 40% Of U.S. Advisors Use Alt Investments, Study Says

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Alternatives represent 7.2 percent of an advisor's AUM on average, Cerulli says.

State Street Sees New Sector ETF Reaching $2 Billion This Week

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The Communication Services Select Sector SPDR Fund, or XLC, has taken in more than $683 million this week.

PGIM Launches High-Yield Bond ETF

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The actively managed product is the second ETF from PGIM Investments.

Advisors, Get Ready For New CFP Board Rules

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The CFP Board prepares advisors for expanded fiduciary rules, amid some confusion.