FA News

Investors Favored Passive, Defensive Funds In July, Morningstar Says

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More than $32 billion flowed into U.S. long-only funds in July, after $22 billion of outflows in June.

Will The Market Crash If Trump Is Impeached? Here's What Analysts Say

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It’s hard to say the equity market doesn’t owe at least some of its altitude to the president.

Jackson Hole History Suggests Market Calm To Follow Powell Debut

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"Recent Jackson Hole symposia have been fairly boring,” one analyst said.

'America First' Risks Making U.S. Assets A Costly Last Resort

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U.S. sanctions and tariff threats are driving yet more cash toward American markets.

Credit Suisse Fires Two Bankers Over 2010 Assault Case

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The incident dates back to 2010 and involves a male employee assaulting a female subordinate.

Like Prince, Aretha Leaves Heirs Without A Will

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Aretha Franklin is among a long line of celebrities who died after skipping estate planning altogether.

NYC Is The Capital Of A Booming Artificial Intelligence Industry

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New York boasts the highest percentage of AI and machine learning positions in a single metro area.

SEC Charges Venture Capitalist With Stealing Millions

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Michael Rothenberg agreed to settle charges he misappropriated more than $20 million of investor's money.

Spouses Can Benefit From Coordinated Social Security Strategies

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Some filing strategies for couples were eliminated, but spouses can still coordinate their benefits.

Advisors Say Rubio's Universal Leave Idea Could Devastate Social Security

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Sen. Marco Rubio would allow people to tap into Social Security early to pay for parental leave.

Commonwealth Recruits $700 Million Indiana Firm

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Commonwealth Financial announced earlier this week that a $400M firm joined from the same city.

Fed Signals Readiness To Hike Again If Economy Stays On Track

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They aim to give the economy room to run while also trying to keep inflation expectations anchored.

Yale's Endowment Won't Invest In Outlets That Sell Assault Weapons

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The policy applies to traditional retail distributors, promoters and dealers.

JPMorgan Is Dismissing About 100 People In Asset Management

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The staff changes represent about 1 percent to 2 percent of the division.

Facebook Investors Who Bought The Historic Dip Aren't Seeing A Quick Recovery

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The company's share price has gained back only 1 percent of last month's 19 percent plunge.

One Investor Pulled Record Cash From European Financials Fund

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Someone’s lost faith in an ETF stuffed with European financial stocks. Blame Turkey.

Goldman Says Keep Calm As Curve Narrows To Another 11-Year Low

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Despite the narrowing, the firm's economists say the U.S. recession risk is only "moderate for now."

RBC Picks Up More Wells Fargo Advisors With $570 Million

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One team from San Francisco and an advisor from Iowa have defected to RBC.

MIT's Endowment Chief Delivers Better Returns For Lower Pay

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MIT beat eight of the 10 richest college endowments through June 2017.

America's Booming Economy Comes With A Cost For Global Growth

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The U.S. is projected to be the only Group of Seven nation to see growth accelerate this year.