FA News

Bogle Says Tax Bill Favoring Business Is 'Moral Abomination'

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The GOP tax plan rewards corporations at the expense of workers who are already suffering from stagnant wages, he said.

Fed's Powell Willing To Let U.S. Labor Market Heat Up Further

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His comments suggest he shares current Fed Chair Janet Yellen’s go-slow approach to raising interest rates.

Vanguard To Launch Six Active Factor ETFs In 2018

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Vanguard's Quantitative Equity Group will manage six new ETF strategies.

What Could Derail This Surreal Bull Market

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Nearly 10 years after the financial crisis, Cliff Asness, Bill McNabb, Tad Rivelle and others outline what could go wrong.

Is DOL Rule Compliance Stunting Financial Industry Growth?

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Financial professionals have been busy preparing for the DOL rule, perhaps at the expense of growth, a new survey suggests.

Trust Law Loopholes That Can Make Or Break Your Client's Divorce Settlement

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Two recent court cases involving trusts and divorcing couples highlight the need for careful estate planning.

Goldman, Barclays See 'As Good As it Gets' Global Growth Of 4%

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Goldman Sachs and Barclays economists are the most bullish in predicting global growth will reach 4 percent next year.

The Paid Sick Days Bill That Even Big Business Supports

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Eight states and 32 local governments now regulate sick days, but a proposed law would shift authority to Congress.

Trump Tweets 'I Don't See a Deal' To Keep Government Open

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If Democrats and Republicans do not reach a deal on spending by Dec. 8, the federal government could face a partial shutdown.

Credit Suisse CEO Says Staff Shouldn't Expect Big Comp Increases

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Credit Suisse was among the few banks to increase its bonus pool for last year.

U.S. Tax Cuts In 2018 Would Give GDP Temporary Boost, OECD Says

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The projection contrasts with Trump's assertion that the tax plan will result in sustained growth of 3 percent or higher.

Novogratz Says Crypto Will Be Biggest Bubble Of Our Lifetime

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But he's still starting a $500 million fund to investing in cryptocurrencies.

DOL Issues Final Rule Delaying Best-Interest Measures For Retirement Plans

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DOL fiduciary requirements won’t be in force for 18 months, derailing reform, say critics.

Even Teenagers Need Estate Plans, Says Edelman

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Ric Edelman tells parents not to send their kids to college without one.

ETFs To Ride Passive's Rise To $7.6 Trillion In Assets By 2020

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ETFs will account for nearly $1 in every $3 invested by 2020, says Ernst & Young.

SEC Hires TIAA General Counsel In Midst Of TIAA Sales Investigations

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TIAA is the focus of a N.Y. State Attorney General investigation and a pending SEC whistleblower complaint.

UBS Pulls Out Of Protocol, Merrill Expected To Follow

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Tom Naratil, UBS's head of wealth management, said the firm will exit the protocol as of this Friday.

Advisor Proposes Tax Credit For Deferrred Income Annuities

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Several retirement savings problems could be solved with such a move, said the founder of Retirement Income Center.

HNW Taxes On Investment Gains May Change Under Tax Reform

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Capital gains rates aren’t slated to increase, but Republican reform plans may mean some HNW clients pay less, others more.

Tax Bill May Spur N.Y. Exodus Of Top Earners; U.S. Home Prices May Drop

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Goldman Sachs Group also says five states would see a big drop in the value of income- and property-tax deductions.