FA News

Bitcoin Drops To Lowest In A Month As 2018's Agony Keeps Going

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It’s been a disappointing start to the year for crypto investors.

BlackRock Data Leak Also Ensnared Envestnet Advisors

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The fallout continues from a data breach related to BlackRock’s iShares ETF unit.

Warren’s Wealth Tax Would Cost Jeff Bezos $4.1 Billion In The First Year

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A proposed wealth tax could raise $2.75 trillion over 10 years, according to Elizabeth Warren's advisors.

Cybersecurity Firm Entreda Teams With Docupace

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The firms are teaming up to confront wealth managers' risk of hacks.

Wall Street Is Making Global Macro Bets With This BlackRock ETF

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The iShares China Large-Cap ETF has become the epicenter for a range of global macro scenarios.

Kitces, Moore Turn To Advisors To Crowdfund Payment Platform

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Advisors helped the XY Planning Network founders raise $2 million for their AdvicePay platform.

Direxion’s ETFs Broaden Reach To Advisors

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The provider of leveraged/inverse ETFs has expanded its product line to appeal to financial advisors and retail investors.

Trump Unveils Agreement To Reopen Government For Three Weeks

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The president agreed to open the government without receiving any funding for his proposed border wall.

A $1 Trillion Fund Gorging On Risk Says Fed At 'Market's Mercy'

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Some fund managers are becoming more aggressive, betting that the Fed will take a dovish stance this year.

What The Global Elites Are Worrying About As Davos Concludes

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Recession, China, politics and trade were among the dominant topics at the World Economic Forum's Davos meeting.

Oil Pushes Higher As Venezuelan Crisis Threatens Crude Flows

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Venezuela's ongoing political crisis may be causing oil prices to climb.

NYC Flight Disruptions Put Spotlight On FAA As Shutdown Drags On

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The delays may also have forced agreement on a possible temporary re-opening of the federal government.

IRS's Bare-Bones Staff Is Even Skinnier As Employees Stay Home

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A shutdown-caused backlog at the IRS could delay the issuance of tax refunds this year.

Fannie-Freddie Release Plan Draws Scrutiny From Democrats

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Democrats are wary of a Trump administration proposal to end federal control of the mortgage agencies.

Millions Of Simulations Show Treasuries Still A Haven, HSBC Says

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U.S. Treasurys still function as a safe haven during market volatility, according to HSBC.

LaGuardia Flights Halted As Shutdown Hits Air-Traffic Staffing

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The government shutdown causes flights to be delayed and halted due to a shortage of air traffic controllers.

Warren’s Wealth Tax Probably Doomed, Nobel Winner Shiller Says

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Not only is the proposal unconstitutional, it probably won't produce the desired results, said Shiller.

Bitcoin Is Worth Less Than The Cost To Mine It, JPMorgan Says

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The value of Bitcoin has fallen significantly below the cost to produce it, according to JPMorgan analysts.

Angel Investor Training For Women In The Heartland

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Pipeline Angels hopes to link overlooked Heartland entrepreneurs to angel investors.

Wells Fargo Finds 'Fresh Blood' To Close Era Of Consumer Abuses

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After being hit with several scandals, Wells Fargo turns to external hires in lieu of internal promotions.