FA News

IRS: Advisory Fees Can Come From Non-Qualified Annuities Tax Free

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Insurers received an IRS ruling permitting tax-free payment of advisory fees from non-qualified annuities.

Vegan ETF To Launch In September

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The product is billed as the world’s first vegan-friendly and climate-conscious ETF.

U.S. Budget Deficit Already Exceeds Last Year's Total Figure

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So far in the fiscal year, a revenue increase of 3% hasn’t kept pace with a 8% rise in spending.

Broker Fined $20K For Calling 'Do-Not-Call' Prospects

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Brokers at Dawson James bypassed the firm's do-not-call safeguards when calling prospects, Finra said.

When Trump Tweets, The Markets Listen

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“China,” “trade” and “tariffs” are case-study words on how the markets react to the president’s Twitter comments.

Finra To Review Rules Protecting Senior Citizens From Financial Abuse

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The review could lead to rule further rule modifications, Finra said.

Trump Rule Would Block Immigrants Who Use Government Aid

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The 837-page regulation likely will fall hardest on low-income legal immigrants.

Hedge Funds Go All In On Gold As 'Currency Wars' Lift Haven Buys

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Prices are already at the highest in more than six years.

Economy At Riskiest Point In A Decade, Lawrence Summers Says

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He called Trump's trade war a “sadomasochistic and foolish trade conflict.”

Tax Reform Puts Constraints On Business Loss Write-Offs

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How the new IRS rule will impact wealthy business clients is still not entirely clear.

Beware Crypto Coin Fraud, Regulators Say

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Regulators said they have opened 130 new cryptocurrency-related investigations.

America's Love Affair With Flying Is Growing Faster Than The Economy

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The planes have remained full even as U.S. airlines add new flights, larger planes and more seats.

U.S. Recession Concerns Rising With Trade War, Goldman Says

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The investment bank said it no longer expects a trade deal before the 2020 presidential election.

Junk Bonds Are Getting Hammered By Trump's Trade Wars

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High-yield bonds dropped more than 1% from the start of last week through Wednesday as investment-grade bonds rallied.

Do Men And Women Advisors Get Equal Pay For Equal Work?

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A recent study suggests yes, and that the large pay gap is primarily attributable to a host of explainable factors.

Sanders Comes Out On Top For Those Worried About College

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A survey found voters believe Sen. Bernie Sanders is best suited to tackle the high cost of higher education.

Trump Still Has Plenty Of Ways To Escalate His China Trade War

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The president increasingly appears focused on weaponizing the dollar, the world’s reserve currency.

Meet The 'SPY 11' Kids With $250 Billion Riding On Their Lives

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The fate of the world’s largest exchange-traded fund rests on the health of a group of twenty-somethings.

Realities of Caregiving Hit Home For Many Americans

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A majority of baby boomers said they are willing to make lifestyle sacrifices to provide care for a loved one.

SEC: Airline Pilot Scams Other Pilots In $1 Million Real Estate Fraud

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Jerry Farish targeted two of his fellow pilots because they had large 401(k) accounts, the SEC said.