FA News

Crypto Growth Nears 'Ceiling,' Ethereum Co-Founder Says

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Widespread awareness of cryptocurrencies limits their growth as an investment, he said.

Bear Market Worries? These ETFs Could Help

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As the Methuselah-like bull market rolls on, bear market-oriented ETFs could help buffer against an eventual downturn.

Ex-NBA Star Kevin Garnett Sues Accountant Over Alleged $77 Million Theft

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Garnett's lawsuit involves Charles A. Banks IV, the advisor who allegedly defrauded NBA star Tim Duncan.

Biotech Billionaire Among 10 Accused Of Pump-And-Dump Scheme

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Phillip Frost, chairman and largest shareholder of Ladenburg Thalmann, is among those accused of making unlawful stock sales.

FAANG-Shunning Stock Pickers Just Had The Worst Month Since 2009

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Apple, Facebook and other FAANG stocks blew past the S&P 500.

More Advisors Using Third-Party Asset Managers, Survey Says

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But a majority are still more comfortable managing assets themselves.

Firm LPL Acquired Slapped With Fine For Unsuitable REITs

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SII customers were sold $4.6 million in illiquid, non-traded REITs in violation of regulations.

Canadian Weed ETF Passes Billion-Dollar Mark As Pot Stocks Surge

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The cannabis trade has been smoking during the past two weeks.

U.S. Wage Gains Pick Up To 2.9% While Payrolls Rise 201,000

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American wages unexpectedly climbed in August by the most since the recession ended in 2009.

A $300 Million UBS Broker, Claiming Gender Bias, Jumps To Rival

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Christine Carona alleges her male boss at UBS tried to block her career.

AI Hedge Fund Sentient Is Said To Shut After Less Than Two Years

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The fledgling world of AI hedge funds is claiming one of its first casualties.

Nowhere To Hide In Crypto As Digital Asset Ties Tighten In Slump

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Digital coins, famously uncorrelated to other assets, are highly correlated with one another.

U.S. Insiders Dump $10 Billion Of Stock In Cautionary Signal

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Corporate insiders seem to be scurrying to the sidelines.

Crypto World Rocked After Long-Time Advocate Backpedals

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One of the best known platforms for cryptocurrencies is going to ask account holders for personal information.

RIA Industry Sees Record Growth In Firms, AUM, Employment

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Business is booming across the board for advisors, a new report says.

Williams Says Fed Shouldn't Be Afraid To Invert The Yield Curve

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He said the Fed isn’t seeing many signs of inflationary pressure.

Facebook's Shrinking Margins Top List Of Stock's Recent Woes

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Investors are losing faith in the social media company as its shares continue to languish.

Wells Fargo Facing DOJ Fraud Probe Of Wholesale Bank, WSJ Says

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The probe is looking at whether employees altered customer data to meet a regulation deadline.

ETF Investors Keep Buying As Wall Street Warns Pullback Coming

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The three largest ETFs tracking the S&P 500 are raking in dollars as investor confidence surges.