FA News

Trump Advisor Says President’s GDP Tweet Had An Extra Zero

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The president meant to say the GDP exceeds unemployment for the first time in a decade, said Kevin Hassett.

Fire-Sale Risk In Repos Lingers A Decade After Lehman's Demise

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Industry observers worry that regulators have not addressed potential fire sales in repurchase agreements.

RIAs Added More Than $10 Trillion In Registered AUM In The Last Year

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The RIA segment continues to grow rapidly, now serving more than 34 million clients.

LTC Association Wants Medical Deduction Threshold To Remain

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It's supporting a fight to maintain the medical expense tax deduction at current levels.

Crypto Exchanges Embrace Controversial Practices As Demand Eases

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As the cryptocurrency fad fades, some exchanges are resorting to shady practices.

A Decade After Lehman Collapse, Investors Still Shun Bank Stocks

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Financial stocks are the only major group in the S&P 500 that has yet to fully recover from the bear market.

After Billions In Hurricane Damage, Congress Still Hasn’t Passed Flood Insurance Reform

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As category-four Hurricane Florence bears down on the East Coast, flood insurance reform has stalled in Congress.

Diamond Calls For Higher Rates Today To Fight Crisis Tomorrow

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The former Barclays CEO says central banks are ill equipped to defend the economy if another crash hits.

Boeing's Bullish China Outlook Faces Trump's Trade War Headwind

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China, a target of Trump's tariffs, accounts for 13 percent of Boeing's revenue.

JPMorgan Anticipates Fewer Mega Deals As Political Hurdles Rise

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Trade wars and regulatory hurdles are slowing down deal making, the firm's analysts said.

ETF Buyers Hunting For Yield Bet On Treasuries

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The iShares 20+ Year Treasury Bond fund saw its most inflows in a year.

JPMorgan Bolsters Hedge Fund Team In Asset Management With Hires

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JPMorgan is expanding a team to help investors access alternative strategies.

Ladenburg Chairman: SEC Fraud Charges Based On 'Factual Inaccuracies'

by FA Staff

The SEC is asking the 10 investors to disgorge $27 million in "ill-gotten gains."

Americans Feel Upbeat About Wages Despite Conflicting Evidence

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Americans haven’t been this optimistic about future pay raises since the century began, a new survey says.

The Three Tax Changes Most Confusing To Wealthy Clients

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There are still a lot of questions about federal tax reform that advisors need to address.

The New American Dream Job Is Pretty Dull

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Actuarial science graduates earn six-figure salaries and have a better-than-average unemployment rate.

Citigroup Plans Crypto Trading That Mimics Market

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The trading mechanism would put Citigroup at the forefront of efforts to let clients bet on cryptocurrencies.

ETF Brings Credit Derivatives Loved By Hedge Funds To Masses

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Will this speculative trading strategy have appeal beyond a rarefied group of institutional debt investors?

Seven EM Countries At Risk Of Exchange-Rate Crisis, Nomura Says

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Five of the seven already in a currency crisis or a program run by the International Monetary Fund.