FA News

Supreme Court Rejects Bid To Let Businesses Donate To Candidates

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The justices refused to question a Massachusetts law that bars for-profit corporations from making campaign donations.

N.Y. Bill May Give Access to Trump's Tax Returns—And Open Door To Target Others

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Tax and ethics experts are worried the provision could be used by both parties to target political opponents.

'No One Wants To Give In': Rally Riches Too Tempting To Abandon

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There are a lot of reasons to sell, but many investors aren't listening.

Wealthy Clients Vulnerable To Audits Despite Depleted IRS Budget

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Total IRS audits are down, but tax reform has created a variety of traps that could flat your clients' tax returns.

JPMorgan Says Bitcoin's Jump Mirrors 2017 Boom-Bust Pattern

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They came to this conclusion by treating Bitcoin as a commodity and calculating its “cost of production.”

Sorenson Seeds $150 Million Fund To Invest In Overlooked America

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Utah entrepreneur Jim Sorenson said his private equity firm will invest in opportunity zones.

Advisor Who Is A Trained Chef Uses Tasty Treats To Warm Up Clients

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David Ortiz serves clients coffee and his homemade biscotti in his mobile kitchen.

Morgan Stanley's Teflon Banker Chases Next Deal After Uber Flops

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Michael Grimes is flying high despite leading investors into a Uber IPO that has so far disappointed investors.

Billionaire Vows To Pay Off Morehouse's Class Of 2019 Loans

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Robert F. Smith is the richest black person in the U.S. with a net worth of $4.5 billion.

Helping Clients With Eldercare 'A Whole Different Ballgame'

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Dealing with seniors can become logistically, financially and emotionally overwhelming.

Americans' Sense Of Financial Security Shows Vast Improvement Since 2009

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More than 70 percent of U.S. adults now say they are financial secure, a Northwestern Mutual survey says.

SEC Official Insists Reg BI Will Toughen Rules For Brokers

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It's “a big leap over where we are today,” said one of the SEC officials who drew up the proposal.

Markets Can Weather Global Political Upheaval, Nuveen Says

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Equity growth is still possible in a diversified portoflio, the company's strategists said.

Gas-Tax Hike Is In Play As Trump Weighs Infrastructure Politics

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Democrats and Trump have floated the idea of raising the 18.4-cents-a-gallon tax for the first time since 1993.

Fund Manager Crushes Peers By Betting On Tencent And Alibaba

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Her bet on the Asian tech giants underscores a willingness to concentrate on a handful of high-conviction, long-term trades.

Wall Street Braces For More Volatility As Investors Seek Hedges

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While investors are bracing for more volatility spikes, they’re not positioning for a prolonged equity downturn.

Trump's Architect Of Wall Street Deregulation To Leave Treasury

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Craig Phillips has often been the point person at Treasury for banks and asset managers.

Investors Are Downplaying 'Immense' U.S.-China Damage, Analysts Say

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Trump taking action against individual Chinese companies such as Huawei could have deep ramifications, they said.

Italy Is The Canary In Europe's Coal Mine

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Italy is an accident waiting to happen from a markets perspective.

Doomsayers Finally Triumph As World's Most Hated Shares Drop

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European equities are taking the tumble that many strategists have been predicting for months.