FA News

Citi Cuts S&P 500 Profit Forecast On Lingering Trade Effects

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As the trade war continues to escalate, U.S. equities may not perform as well as once expected.

Jeffrey Epstein's Last Shot To Stay In Wall Street's Favor

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Even after facing accusations of sex with minors, Jeffrey Epstein cultivated relationships with Wall Street.

Stats Show Case For Buying The Dip After Shock S&P 500 Slump

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Optimists see possibilities amid the recent trade-driven U.S. stock market dip.

More Employers Paying Attention To Student Loan Debt

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Raytheon is the latest company to offer employees a repayment program tied to their 401(k) saving plan.

Tech Giants Risk Privacy Probes Over Alexa, Siri Reviewers

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Regulators, consumers are increasingly alarmed that Apple and Google monitor their conversations.

The Hydrocarbon Era's Spectacular End

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With the rise of electric vehicles and renewable energy, the hydrocarbon era is drawing to a close.

UBS's Rich Clients To Feel Negative Rates Pain As Fees Extended

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Continued negative interest rate policy in Europe is leading UBS to charge its clients for cash allocations.

Capital One Hack Poised To Boost 'White Hat' Crowdsourcing

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Virtuous "white hat" hackers may be in demand after a Capital One breach exposed millions of Americans' information.

Sometimes It Pays To Be The World's Least Popular Stock Market

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The Stoxx 600 is outperforming similar U.S. indexes as the trade war with China escalates.

In Trump-Xi Fight, Both Leaders Make Big Bets That May Backfire

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Depending on the respective leaders' decisions, the trade war may be neither "good" nor "easy."

Individual Life Insurance Combination Products Dip 2% In 2018

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LIMRA says universal life combination products continue to dominate with two-thirds of the premium market share in 2018.

An Older Advisor Does Something Unusual: He Creates A Succession Plan

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Bucking an industry trend, advisor Gary Schwartz has made plans to pass his firm on to his two sons.

Twitter, Facebook Sink As Shootings Raise Specter Of Regulation

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The companies have been facing increasing scrutiny over how they police the content users post online.

Bitcoin Morphs Into Unlikely Sanctuary As Market Turmoil Rises

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Risk assets across the world slumped after President Donald Trump threatened to impose a 10% tariff on Chinese imports.

Fed Plans Real-Time Payments System To Compete With Wall Street

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The FedNow Service is set to begin operating by 2023 or 2024.

Yield Curve Blares Loudest U.S. Recession Warning Since 2007

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Many investors expect the slide in 10-year yields to continue given the risks of Trump's trade war.

N.Y. Broker Sentenced To 13 Years In Prison For Ponzi Scheme

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The broker's daughter was also charged with conspiring with her father to steal from clients.

What Apocalypse? Retail Worker Pay Hits 15-Year High

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U.S. paychecks surged as Walmart, Target and blue states implemented minimum wage hikes.

Firearms Stocks Rise As Mass Shootings Renew Gun-Control Demands

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Investors are betting consumers may step up purchases to get ahead of potential regulatory changes.

Madoff Victims Get Another $469 Million

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The 25,000 victims of the largest Ponzi scheme in history will have recovered nearly 67% of their losses, authorities said.