FA News

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.

Trump Ally Stone Charged As Probe Links Campaign, DNC Emails

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Roger Stone faces seven counts including obstruction of an official proceeding and witness tampering.

Ackman Sees No Government Shutdown If Congress Goes Unpaid Too

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Bill Ackman tweeted that if Congress was to forgo pay during a shutdown, such impasses would not occur.

Richest In U.S. Have A Few Tricks To Avoid Democrats' Tax Plans

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If Democratic candidates' plans to raise taxes come to fruition, the wealthy still aren't likely to pay more.

Banks Presence Shrinks In The U.S. Corporate Bond Market

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U.S. banks and financial companies are selling fewer new bonds.

Great-West To Sell Unit To Protective In A $1.2 Billion Deal

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Great-West Lifeco agreed to sell its U.S. individual life insurance and annuity business.

Small Business Bill Aims To Streamline Bankruptcy Filings

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Advocates hail a bill that will cut the cost and time it takes small businesses to file for bankruptcy protection.

Dynasty Closes In-House RIA; Unit Head Moves To Magnus Financial Group

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Michael Brown, Dynasty's former director of wealth management, has moved in the wake of the RIA closure.

House Democrats Cancel Tax Refund Panel As Mnuchin Opts Out

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How will the longest government shutdown in history affect one of the most critical tax filing seasons?

Blue-State AGs Challenge U.S. Rules They Say Undermine Obamacare

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The challenge is to an initiative that lets small businesses and individuals band together to create group health plans.

Two-Thirds Of U.S. Taxpayers Worried About Refund Delays, Survey Says

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Taxpayers are growing increasingly aware of the government shutdown's impact on the IRS, according to the survey.

Fleeing Clients Are Grim Reality In Banks' Push To Manage Wealth

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Managing money for the wealthy hasn't been so easy for banks lately.

Picking Stocks While Shunning ETFs Is The New Thing In Equities

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Money flows from one bank are flashing an encouraging signal for active investing in 2019.