FA News

Senate Bill Would Raise Required Minimum Distribution Age To 75

by

Advisors, industry applaud tax breaks, opportunities in new retirement bill.

Fed's Rosengren Says Trade Uncertainty Weighs On U.S. Outlook

by ,

Boston Fed President Eric Rosengren said the U.S.-China trade dispute adds a downside risk to his economic forecast.

Wall Street Rules' Chief Architect Says The Fed Is Blowing It

by

Daniel Tarullo accuses the Fed of "low-intensity deregulation" weakening the U.S. financial system.

Annuity Sales Have Their Best Q1 In 10 Years

by

Fixed annuities continue to drive growth, representing 63 percent of overall sales.

A Hated Wall Street Strategy Helps 88-Year-Old Fund Beat Market

by

Eaton Vance's 88-year-old Large-Cap Value Fund is beating the market this year in defiance of the overall trend.

Trump Readies New Round Of Aid To Farmers Hit By China Trade War

by ,

The Trump administration hopes to offset the impact of its trade disputes with aid for farmers.

FPA Chapter Providing Pro Bono Services To Be Honored

by

The first Power of Financial Planning Award will be presented at the FPA conference in October.

Spain's Richest Person Bets Billions On Prime U.S. Property

by

Amancio Ortega has invested more than $3 billion in U.S. real estate over the past six years.

Trade Tensions Put Global Economic Growth On A ‘Subpar’ Setting

by

Growth expectations are falling thanks to an escalating trade dispute between the U.S. and China.

U.S. Business Contributes Smallest Share Of Taxes In Generation

by

Corporations only paid 7.6 percent of federal tax revenues in 2018.

U.S. Census Vulnerable To Russian Meddling, Top Official Warns

by

The U.S. Census Bureau may be vulnerable to international hackers.

Pain Proving More Durable in S&P 500 As Traders Lean On Shorts

by ,

U.S. equities are having more difficulty rebounding from sharp intra-day drops in prices.

Trump Hits Biden For Minimizing China Threat To U.S. Economy

by

Biden downplayed the conflict and competition between China and the U.S. in contrast to President Trump.

Fed Economist Challenges Idea Tight Job Market Pulls In Workers

by

Fed research suggests that workers are not really rejoining the workforce amidst a tighter labor market.

Blue States Warned Of A SALT Apocalypse. It Hasn't Happened

by

Contrary to many assumptions and predictions, wealth is not fleeing high-tax states.

Nike, Adidas Call Tariffs ‘Catastrophic’ In Letter To Trump

by ,

They join more than 170 footwear companies lobbying against the trade war between the U.S. and China.

World's First AAA Sovereign Green Bond Sale Gets Bumper Orders

by

The sale may signal investor appetite for climate-friendly investments.

Bitcoin Holds Steady Below $8,000 After SEC Delays ETF Decision

by

As the SEC held off on approving a bitcoin ETF proposed by Van Eck, the cryptocurrency held its value.

Rockefeller Foundation Aims To Make Trump Tax Perk Work For Poor

by

Prudential Financial will contribute $920,000 to Newark, N.J. in investments related to "opportunity zones."

Oil Holds Gain As OPEC Signal On Output Cuts Counters Trade Risk

by ,

OPEC leaders have said that they are "inclined to extend... production cuts" into the second half of 2019.