FA News

U.S. Consumer Spending, Inflation Rise While Incomes Cool

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Consumers continued driving growth at the start of the third quarter.

Buffett Buys More Apple, Says iPhone Is 'Enormously Underpriced'

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Billionaire investor Warren Buffett likes the devotion of Apple's customers.

Merrill Lynch Lifts Ban On Commissions For Retirement Accounts

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The ban was originally put in place because of the now-defunct Department of Labor fiduciary rule.

Morgan Stanley Says Rolling Bear Market Looms For Growth Shares

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Some analyst think the shining stars of the long-running bull market are about to run out of steam.

Wells Fargo Investigating Bankers' Alleged Expense Violations

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The lender has already fired or suspended more than a dozen staff for allegedly doctoring receipts.

Amazon Closes In On $1 Trillion With Morgan Stanley's Blessing

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Analysts expect the company's profits to increase even further.

A Broker Just Launched The World's Cheapest Global Fund

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Avanza expects its ultra-low fees will boost customer numbers and help it reach its long-term financial targets.

Fund That Made 10,000% Spotify Bets Looks For New Winners

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The fund has identified companies that it feels has "Spotify potential."

Toronto-Dominion Has Record U.S. Quarter On Ameritrade Boost

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The Canadian lender reaped $174 million from its investment in the U.S. brokerage.

Stratos Wealth Network Adds Four Firms, $1 Billion AUM

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The network continued its aggressive growth strategy by adding the four new affiliates.

Millennial Educators Want Human Financial Advice

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Security Benefit released a report on how millennial teachers view retirement savings advice.

New Ranking Finds Vanguard's Robo-Advisor Rules The Roost

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Betterment and SigFig also won overall acclaim from the authors of "The Robo Ranking."

People Over 60 Fastest-Growing Segment Of Student Loan Borrowers

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More people are putting retirement in jeopardy with student loans, advisors say.

Ex-Goldman Broker Gave NFL Player Insider Info For Eagles Tickets, U.S. Says

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Linebacker Mychal Kendricks admitted to participating in the scheme while playing with the Philadelphia Eagles.

Investors Keep Flocking To U.S. Infrastructure, Even Without A Trump Plan

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As Trump leaves a void, investors are forging ahead in the sector.

Citi Among Banks Winning Dismissal Of Bond-Rigging Suit

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A judge ruled investors had failed to show how any specific transaction had harmed them.

Corporate America Is On A Roll With Best Profit Gain Since 2014

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The expanding coffers are reflected in a stock market hitting record highs.

Americans Pay Almost As Much For Child Care As For Rent

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The average cost of child care in the U.S. is $1,385 a month, a report says.

Short Bets Against FAANG Stocks Have Surged To $37 Billion

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Investors are piling into FAANG shorts as U.S. stocks continue to breach new records.

Fewer Americans Without Health Plans Since Obamacare Debut

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Yet a quarter of adults in four Southern states still lack health-care coverage.