FA News

Tiger's Win Costs FanDuel $2 Million As Sports Books Lose Big

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But the losses won’t come close to offsetting the profits amassed during Woods’s down years.

Goldman Economists Say Trump Re-Election More Likely Than Not

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Employment and income trends give a boost to Trump's chances, Goldman analysts said.

Tax Reform Has Made Donor-Advised Funds Far More Popular

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The increase in the standard deduction has enhanced the ability to use DAFs to save on taxes, advisors say.

Where Bernie The Socialist Millionaire Fits In Today's America

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The U.S. has a record number of seven-figure fortunes today.

Less Than 20% Of Americans Believe They Got A Tax Cut

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Despite the polls many U.S. taxpayers' taxes have been reduced.

After 60,000% Rally, America's Top Stock Has Suddenly Gone Cold

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It turns out Apple and Amazon are not the best performing stocks since 2000.

Morgan Stanley Sees Two Big Reasons Low Volatility Won't Last

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Low liquidity and complacent investors could start churning the market waters, the firm's analysts said.

Facet Wealth Hires, Adopts Subscription Pricing Model For Mass Affluent

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Facet Wealth, founded in 2016, adds new hire to advance its growth strategy.

Rally In Commodities Lifts Energy ETFs

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A resurgence in prices of copper, oil and gas has been a big story this year.

How One Firm Uses ETFs For Dividend Income

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Portfolio Design Advisors employs various ETFs to help create an income stream for retirement-age clients.

Former Woodbridge Execs Face New Criminal Charges In $1.2B Ponzi Scheme

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Woodbridge's owner and former directors of investment are facing criminal and civil charges for the alleged scam.

Hidden Bond Market Dangers Expose Traders To $2 Trillion Wipeout

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There "is an element of hidden leverage that is not appreciated,” one analyst said.

Americans Are Delaying Health Care Until Tax Refunds Arrive

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Out-of-pocket spending on health care jumps about 60 percent in the week after people get their refunds.

SEC Cracks Down On ETF Names That Could Be Misleading Investors

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A number of thematic ETFs have changed their names to satisfy SEC demands.

Working Past Age 65 Easier Said Than Done

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Many boomers say they want to work past retirement age, but employers can make that difficult, a new report says.

Dimon Defends JPMorgan Minimum Wage, Points To Low Pay Elsewhere

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The JPMorgan CEO said the banking industry likely pays more than the U.S. government.

Powell Said To Tell Democrats Fed Won't Bend To Outside Pressure

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The chairman told the lawmakers that interest rates are at about the right level.

Steve Patterson Of Fidelity Elected To Chair LIMRA SRI Board

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Jamie Ohl of Lincoln Financial Group was named vice chair, according to LIMRA.

NorthStar Announces Rebranding, Name Changes

by FA Staff

Northstar is changing its name to Orion Advisor Services.

Millennials Most Worried About Markets, Economy, Survey Finds

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Gen Xers and baby boomers are less fearful of investing in the market, the Allianz Life survey found.