FA News

AI Funds Are Sexy, But They’re Bleeding Assets

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New artificial intelligence-focused funds keep rolling off the assembly line even as outflows grip existing AI funds.

Personal Loans Surge To A Record High

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Personal loans surged to a record this year and are the fastest-growing U.S. consumer-lending category.

There Is Hope For Women In Retirement

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Women can take a number of steps to get control of their retirement, says Transamerica.

Court Ruling Upends Broker Protocol, Creates Obstacle To Job-Hopping

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A court ruling in Georgia could complicate job changes for many U.S. brokers and RIAs.

Advisor Uses Clients’ $5M To Fund His Trading, SEC Says

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Edward Lee Moody and his firm are charged with operating a nearly $5 million Ponzi scheme that funded his lifestyle.

Dividends Soar To Record After Tax Cuts And Bank Stress Tests

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The new high was ushered in by a lower corporate tax rate; financials led the way.

This Heat Wave's So Bad It's Even Slowing Down U.S. Stock Trades

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High humidity is impeding radio transmissions among three New Jersey data centers where U.S. stocks trade.

Widows Are Becoming Less Likely To Fall Into Poverty, Study Finds

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Better education and workforce involvement have made widows more financially independent, the study found.

Health-Care Costs Eclipse Income As Chief Concern Among Retirees

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Retirees listed health-care costs as their chief concern, while pre-retirees continue to worry about income.

Forget The Yield Curve. The Debt-Market Action Is In Fed Funds

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The influence of short-term rates is set to reverberate through the financial system.

Finra Provides First Disclosure On How It Uses Fine Revenue

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The regulatory organization said it collected $65 million in fines in 2017.

Charles Schwab Says It Settled SEC Suit On Reporting Failure

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Schwab concluded 83 advisors violated its internal policies by not filing suspicious transaction reports.

Payday-Loan Mogul Indicted For Masterminding Phantom Debt Scheme

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Joel Tucker allegedly made $7.3 million selling data to debt collectors.

Charles Schwab Sued By SEC Over Alleged Reporting Failure

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The lawsuit claims Schwab’s advisor services division failed to file suspicious activity reports.

JPMorgan Asset Sees 'Lot Of Value' In Emerging Markets

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The recent selloff has created a "huge amount of valuation," a money manager at the firm said.

How To Make Sure Wealthy Clients Withhold Enough For Taxes

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Many income sources, including dividends and capital gains, accrue without any withholding.

N.J. Budget Hikes Taxes For Those Earning More Than $5 Million

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The budget deal also includes a four-year increase in the corporate business tax.

Vanguard Expands Commission-Free ETF Lineup To Nearly 1,800

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Customers will be able to make commission-free trades for most U.S.-listed ETFs.

Bitcoin Rebounds From 2018 Low To Buoy Rivals Ether, Litecoin

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Speculators are bidding up Bitcoin after three weeks of declines took it to the lowest level this year.

Millions Of Americans Make A Costly Mistake When Paying Credit Card Bills

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One in five credit card users carry a balance to improve their credit scores—which just doesn't work.