FA News

N.Y. Publisher Fined For Calling Its Social Security Guide 'Official'

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The publisher was sued by SSA for giving the impression the book was an official government publication.

Charles Koch Says Trump Tariffs Could Trigger U.S. Recession

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“Every nation that’s prospered is one that didn’t engage in trade wars,” he said.

Ivy League Rallies Behind Harvard To Fight Admissions Suit

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The complaint claims Harvard has been unfair to Asian-American applicants.

El-Erian Says U.S. Alone Has Exited The 'New Normal'

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Economic conditions in the U.S. mean the Fed can "safely" raise rates, he said.

Facebook, Twitter Woes Hit Social Media ETF

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The Global X Social Media ETF is in correction mode since the end of regular trading on Wednesday.

U.S. Bull Market Could Last Two More Years, Schwab Says

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The global and United States economies will remain strong for the near future, two Schwab executives said.

Too Much Focus On Liquidity Can Cost Wealthy Clients Big In Taxes

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Clients nervous about big market drops can get too fixated on keeping their assets in liquid vehicles.

At Rich Kid Summer Camp, Big Banks Try To Hook Heirs For Life

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Attendees at Next Gen functions hosted by private banks will one day rank among the world’s most sought-after clients.

Broken Love At Theranos May Be Tested In Criminal Fraud Case

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It remains to be seen how the former lovers choose to fight claims they masterminded a massive fraud.

Wall Street Fears New International Tax That Was Aimed At Tech

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The tax on international profits was meant for techs and pharmaceuticals, but Wall Street could get snagged, too.

Goldman Sachs Shrugs Off Lack Of Depth In U.S. Stock Rally

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The firm sees broad-based profit growth in U.S. equities.

SEC's New Crypto Czar Wants Coin Industry To Step Out Of Shadows

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The SEC is concerned the ICO market is rife with pump-and-dump scams, Ponzi schemes and other types of misconduct.

This Magical Retirement Destination Will Cost You

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Wealth has exploded in this desirable city, effectively pricing out many lifelong residents.

Deutsche Bank Is Cutting Staff In Chicago In U.S. Retreat

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Deutsche Bank is scaling back in the U.S., leading to closures, moves and cutbacks in its locations.

Harvard Denies Admissions Bias In Suit By Asian-Americans

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It says the accusers offered a “misleading narrative” based on “cherry-picked” documents.

The Portfolio For Retiring In San Diego Depends On Location, Location, Location

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Clients who are willing to live inland can manage on a lot less, says this advisor.

Bitcoin Drops As U.S. Regulators Reject Winklevoss ETF Plan

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Bitcoin is back on the decline, driven in part by the rejection of the Winklevoss twins' Bitcoin ETF.

Edward Jones Adds PGIM Investments As A Product Partner

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The Prudential affiliate's products will be offered to Edward Jones’s approximately 16,000 financial advisors.

Twitter Shares Plunge 17% As Monthly Users Decline

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It predicted users will decline further as it fights against spam, fake accounts and malicious rhetoric.

Americans Have Been Saving Much More Than Thought, New Data Show

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Recently updated statistics from the Commerce Department suggest that Americans are increasing their savings rates.