FA News

Kamala Harris Seeks To Make History With 2020 Presidential Bid

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Harris would be the first black woman as well as the first Indian-American in the Oval Office.

BlackRock Exposes Data On Thousands Of Advisors Via Website

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The data appeared on one of the company’s web pages dedicated to its iShares ETFs.

These Sectors Could See ETF Fee Compression In ’19

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Fee compression, smart beta and ESG could be ETF trends this year.

Bank Fraud Charges Lead To Loss Of Broker's CFP Mark

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Suspension of right to use the mark was imposed after Larry Templin violated Finra rules regarding bank fraud charges.

Forget The Rebound, Grantham's GMO Says Stock Bubble Is Bursting

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GMO is recommending that investors own "as few U.S. equities as possible."

The Financial Industry Steps In To Help Unpaid Government Workers During Shutdown

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Federal employees and contractors impacted by the government shutdown have friends in the financial services community.

State Street Says It's Laying Off 1,500 Workers To Cut Costs

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The bank and asset manager plans to reduce its workforce by 6 percent.

A Bullish ETF Trader With $6 Billion Just Made Some Risky Bets

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Big ETF traders are taking on more risk as concerns about interest rates and a global slowdown fade.

CLO Managers Get Ready To Grab Worst Loans When Market Turns

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Leveraged loan buyers believe they stand to benefit from slowing growth and a potential recession.

Warren Presses Mnuchin Over Christmas Eve Call With Regulators

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The Massachusetts senator questions why a call was scheduled with the President's Working Group.

401(k) Advisors Overwhelmed As Sponsors Unload Plans

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Outflows are exceeding inflows in the nation's 401(k) plans as retiring baby boomers leave the system, a Cerulli report says.

Elizabeth Warren Takes Aim At Wells Fargo Over Fees For Students

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The liberal firebrand called for Wells Fargo to stop doing business on college campuses.

U.S. Shutdown Pain Yet To Infect Outlooks For Economic Growth

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On average, analysts believe the government will reopen by mid-February, according to a Bloomberg survey.

American Dream Eludes Many On West Coast, Even College Grads

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A combination of debt, low wages and rising real estate prices continues to cause Americans to delay home ownership.

Fickle Markets Flash Recession Signs As Economists Say Keep Calm

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While equity markets - and some economists - are concerned, others believe a recession is not imminent.

Outlier Analyst Sees Debt-Fueled Buybacks Rescuing U.S. Equities

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Demand for corporate debt could help fuel buybacks and put upward pressure on equity prices this year.

Williams Says Fed Should Be Patient About Any Further Tightening

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The New York Fed president becomes the latest to advocate tempering the normalization of interest rates.

Not Even The U.S. Government Can Escape Fallout Of PG&E's Crisis

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The U.S. government backed PG&E-led energy projects with $8.3 billion in loans and guarantees.

Morningstar Reports Low Inflows Of Assets For Some Funds

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Money Markets showed strong inflows for the year.

Royal Alliance And Former Broker Fined $4 Million By Finra

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Gary Basralian pled guilty to wire fraud for cheating disabled widows, U.S. Attorney for New Jersey said.