FA News

Schwarzman Sees Potential Risk To Economy In Higher Taxes

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Some policies that Democratic candidates for president are talking about could slow the economy, he said.

Fed May See 1995-96 Interest Rate Cuts As Template For Today

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The Fed is widely expected to hold rates steady at their April 30-May 1 meeting.

A Chinese Firm's Plunge Cost Interactive Brokers Millions

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A broker lost $42 million on loans that were backed by worthless collateral.

Trump Revises SALT History, Saying New Yorkers Didn't Fight Caps

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Trump has suggested he might be willing to reverse the cap, but hasn’t backed any plan to do so.

Advisors Seek More Clarity On Taxes For Gig Economy Workers

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The gig economy has grown far beyond just millennial Uber drivers or people renting out bedrooms.

First They Came For Plastic Bags. Coffee Cups Are Next

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As local and national governments move to tax—or ban—to-go cups, Starbucks and Dunkin’ race to find an alternative

Insurers Know Exactly How Often American Drivers Touch Their Phones

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Fully autonomous vehicles that will safely subtract humans, leaving us free to focus on our screens, remain a long way out.

Annuities Sales Set To Soar 35% Over Next Five Years, LIMRA Says

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Even fee-only advisors are eyeing new four-year "clean" products with nearly 4 percent guarantees.

New Year's Resolutions, Saving Money A Bad Mix

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Most Americans who resolved to save for retirement in 2019 are failing to do so, an AARP survey says.

Majority Of U.S. Investors Are Risk-Averse 'Traditionalists,' Research Finds

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These types of investors outnumber 'trailblazers' who are looking for quick gains.

Principal Financial’s Smart Beta ETFs Don’t Follow The Crowd

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The company creates its own smart beta indexes in partnership with Nasdaq.

Cryptocurrencies Lose $10 Billion On Tether Cover-Up Allegations

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The New York state attorney general alleges there was a cover-up involving crypto-currency losses.

Credit-Card Alarms Get Louder As Charge-Offs Hit Seven-Year High

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Fourth-quarter results showed charge-off rates near the lowest in decades were coming to an end.

Ford Under U.S. Criminal Investigation Of Emissions Testing

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Ford is at least the third major automaker to fall under U.S. federal investigation over emissions in the span of a few years.

Contingent Workers May Be Overlooking Social Security Disability Benefits

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These types of workers may be less informed about SSDI benefits than those in a traditional workplace, a new study says.

New Online Tool Tackles Key Question: Can Your Client Afford Retirement?

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The Alliance for Lifetime Income has launched a tool that scores people's ability to fund their retirements.

Raymond James Adds $400M Wealth Manager

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Panos Firek Wealth Management is leaving Merrill Lynch to join the broker-dealer.

A Buck Will Buy Your Identity

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Cybersecurity author Carrie Kerskie tells you how to avoid scams with a few safety measures.

How Social Security Woes Change Retirement Planning

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What happens when a major assumption about your retirement plan no longer applies?

Raymond James Beats Earnings Estimates, Despite Muted Asset Values

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The St. Petersburg, Fla.-based firm's revenues were in line with expectations.