FA News

Home Is Where The Elderly Want To Be

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Long-term care insurance is back on the rise, report says.

Trump Fed Pick Moore Has Burned Bridges But Made Few GOP Enemies

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Though Stephen Moore has been critical of some Republicans, he's likely to win GOP support for confirmation.

FPA Launches Next Generation Publication

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The content of the new online publication will be geared to supporting new financial advisors.

U.S. Mutual Funds Start Year With 8.6% Asset Growth

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But, unlike ETFs, mutual funds have not yet recouped assets lost in last year's downturn, Cerulli Associates says.

Two More Parents Are Indicted In College Admissions Scandal

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A wealthy Boston-area couple are accused of helping their child cheat to gain admission to a U.S. college.

Managed-Care Stocks Slide As Investors Eye Legislative Risk

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Dueling healthcare initiatives from Democrats and the Trump administration pressure insurance stocks.

Major Pot Expansion Looks Like A Dud For Northeast In 2019

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Lawmakers in New York and New Jersey failed where others in the mountain and Pacific west succeeded.

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.