FA News

Mastercard Sees Other Banks Ditching Card Numbers Like Apple Did

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The number on the card may be replaced by temporary virtual numbers to boost privacy and information security.

Leveraged Loans Are The Weakest Link In U.S. Credit, UBS Says

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UBS joins Deutsche Securities and Aberdeen in sounding alarm over leveraged loans.

Citigroup Sued For Age Discrimination By 56-Year-Old U.K. Banker

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The banker was told that he was "old" and set in his ways.

Stocks Flash `Caution' As Bellwether ETF Loses Most Since 2012

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The iShares Transportation Average ETF experienced $108 million in outflows on Monday

Parents’ Long-Term Care Remains A Potential Liability For Children

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North Dakota recently amended a law requiring children to pay off parents' outstanding long-term care debt.

From Texas To The World: A Flood Of U.S. Oil Exports Is Coming

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The shale boom has the U.S. producing more crude oil than it can conceivably refine.

U.S. Investors Lost Twice As Much As The S&P 500 In 2018

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DALBAR finds investors lost 9.42 percent, compared to the 4.38 percent lost by the S&P.

Trump Asks Courts To Erase Obamacare In Risky 2020 Election Move

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The Justice Department is asking the courts to eliminate the Affordable Care Act.

Nissan Is Said To Have Paid Stanford Tuition For Ghosn Children

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Nissan allegedly paid unusual benefits - including Stanford tuition - to the family of its ex-chairman.

Goldman Joins Chorus Downplaying Inverted Yield Curve Menace

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Goldman Sachs analysts argue that a yield curve inversion is not necessarily a harbinger of recession.

Avenatti, Back On Twitter, Denies Charges And Keeps After Nike

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The celebrity lawyer asserts that Nike is involved in the NCAA college basketball pay-for-play scandal.

Trump's New Nafta Running Out Of Room To Find Path In Congress

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Nancy Pelosi may hold the key to a new trade deal's successful passage through Congress.

Many Rich Fretting About SALT Didn't Get Break Before Trump Law

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Some wealthy Americans complaining about the SALT deduction cap didn't get the deduction in the first place.

‘Poor Man’s Monetary Policy’ Lurks In A Low-Neutral Rate Future

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Because "neutral" interest rates have declines, the Fed will rely on its balance sheet to stave off recession.

JPMorgan's Clampdown On Data Puts Silicon Valley Apps On Alert

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A new privacy push imperils the API's many fintech applications rely on to function.

Kestra Partners With Goldman Sachs To Offer SBL Refinancing

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Independent financial advisors nationwide can now refinance clients' existing SBLs, thanks to Kestra Financial's partnership with Goldman Sachs Private Bank Select.

Falling Bond Yields Lift Fixed-Income ETFs



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Plummeting yields have been particularly good for investors overweighting high-yield and long-term bonds.

How Advisors Can Teach Their Clients The ABCs Of Financial Fraud

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Researchers have issued a guide on how to spot a financial fraudster.

TD Ameritrade Network Adds Midday Report

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The one-hour program will be hosted by former FOX Business Network anchor Nicole Petallides.

California Firm's Fraud Cost Clients $11 Million In Fee Overcharges, SEC Says

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Direct Lending Investments of Glendale, Calif., has been sued by the SEC for a fund fraud spanning three years.