FA News

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Goldman's Waldron Says Fed Needs To ‘Slay The Inflation Dragon'

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“Inflation is clearly moderating but it's still sticky,” he said.

Atlanta Fed Prez Says Many Inflation Measures Moving To Target Range

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But he said the breadth of inflation is still quite high.

Banks Have A Commercial Property Blind Spot, Study Warns

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Large U.S. banks have accrued a large stake in commercial property through indirect lending to REITs.

Layoffs, Pricing Power Driving S&P 500 Profits To Highest In 16 Years

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Firms have largely opted not to pass on savings from falling commodity costs.

Preventing The Second Home Dream From Becoming A Nightmare

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New costs and aggravations have put people off buying a second property.

Schwab's Offer Of Alts For DIY Investors Takes Shape With iCapital

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Schwab by the end of the year will offer alternatives to self-directed investors with $5 million at the firm.

Unemployment Rates Up From Last Year In 78% Of U.S. Metro Areas

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The jobless rate climbed in 305 of the 389 metropolitan areas in April.

Private Equity Firm's New Platform Offers Wealthy Access To Middle-Market Deals

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Milwaukee-based Borgman Capital rolled out a platform for the wealthy and family offices.

Former RIA's 'False And Misleading' Statements Draw $600K Penalty, SEC Says

by FA Staff

MassAve and its CEO misled investors about its holdings and exposures, the regulator said.

Merrill Lynch To Pay Nearly $20M In Discrimination Lawsuit Settlement

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The ex-employees, mostly financial advisors, said they earned less and were passed over for promotions.

IRA Inheritors Should Benefit From Penalty Waiver On Distributions

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This is the fourth consecutive year the IRS has waived penalties on minimum distribution shortfalls.

Yeske Buie: The Markets Don't Care Who's President

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People's earning, saving, investing and spending goes on despite who's in the Oval Office, research shows.

Best Financial Advisors List Being Developed By FPA And Money.com

by FA Staff

The list will be revealed in September at the association's upcoming conference.

Wealth Enhancement Group Buys $1.22B AUM Houston RIA

by FA Staff

The Financial Advisory Group marks the third Texas location for the Minneapolis-based acquirer.

New Fund Capitalizes On Senior Housing, 1031 Crowdfunding Says

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Senior living space will provide investment opportunities for wealthy investors, the alternative investment firm says.

Rich U.S. Homeowners With Adjustable-Rate Mortgages Are About To Get Whacked

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A small but mostly affluent group of Americans are about to see mortgage payments skyrocket.

Dimon Says 'There Could Be Hell To Pay' If Private Credit Sours

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JPMorgan Chase's chief said the private-credit industry has not yet been tested by bad markets.

BlackRock's $20 Billion ETF Is Now The World's Largest Bitcoin Fund

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BlackRock's fund dethroned the $19.65 billion Grayscale Bitcoin Trust.

Goldman Racks Up $21 Billion For Its Largest Private Credit Pool

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This marks the fifth iteration of the firm's Loan Partners fund.

Short Seller Jim Chanos Sued By Partner Alleging Misuse Of Funds

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Conlon Holdings says Chanos used his fund as a "piggy bank" for personal use.

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