FA News

Health Care Costs For Retirees Keep Increasing

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Health care costs have increased by 29 percent for retirees since 2005, according to Fidelity.

Buffett Bets On Rail Superhighway To Win Truck Cargo

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As coal traffic fades, Warren Buffett expects railroad companies to snatch consumer products and other freight from big rigs.

Investing In Iran? Better Like Tea And Bureaucracy

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Powerful government control, courts that are unfriendly to foreigners and a culture known for tough negotiations are among the obstacles to those interested in exploring investments in a...

Consumer Financial Anxiety Remains Unabated, Study Says

by FA Staff

Concern about jobs could be the cause of a steady level of money anxiety among consumers, according to new study.

Patton Albertson Miller Joins Focus

by FA Staff

A Southeast advisory with $526 million in AUM joins Focus Financial.

McGee Wealth Management Helps Build Houses

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Members of the wealth management firm give time to Habitat for Humanity.

IAA Exec: SEC May Vote By March On Third-Party Exams For Advisors

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There is a good chance the SEC will vote by March on a proposal for third-party exams for investment advisors, an advisor lobbyist said Tuesday.

Two Organizations Promote Financial Literacy

by FA Staff

Financial education for all ages is available on new website.

Gross Sees Stocks Plunging Another 10%, Urges Flight To Cash

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He is urging investors to get out of the U.S. equity markets for now and criticizing the Fed's zero-interest rate policy.

These Are The 10 Most Competitive Countries In The World

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The same three countries took the top spots this year as last in the latest edition of the World Economic Forum's Global Competitiveness Report, which combines 113 indicators that the WEF believes...

Wall Street Broker-Dealer Profits Up 29 Percent In First Half

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Wall Street broker-dealers posted profits of $11.3 billion in the first half of 2015, up 29 percent year-on-year and the strongest first half since 2011.

Will Killing Off The Tooth Fairy Help Kids Better Understand Money?

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The e-mail inbox of a Financial Times editor blew up after she said we are doing kids a disservice by making money come from a "magical source."

It's Turning Into A Brutal Game Of Survivor For ETFs

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Only 10 percent of ETFs are in positive territory, after market selloffs in the U.S., Europe and Asia, and a plunge in commodity prices.

2,000% Drug Price Surge Is A Side Effect Of FDA Safety Program

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The FDA program, which got under way in 2006, is only one reason why prices of old generic drugs have risen to obscene levels.

Fee Disclosure Rule Proposal Just A First Step, NASAA Prez Says

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NASAA President Judith Shaw says the broker-dealer fee disclosure guidelines issued by her organization are a needed first step to increase the transparency of fees brokers charge their clients.

Fla. Advisor Charged By SEC In Alleged $500,000 Investment Scheme

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A Florida man is facing fraud charges from the SEC after he allegedly lied to his clients about his registration status, his disciplinary history and the quality of their investments to garner more...

Insider-Trading Cases Imperiled As U.S. Court Spurns Appeal

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The U.S. Supreme Court let stand a major insider-trading ruling that threatens at least 10 convictions and creates what the Obama administration calls a road map for securities fraud.

Fed Rate-Increase Odds Drop Below 10% for October, Futures Show

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The bond market shows traders see only an 8 percent chance the Federal Reserve will raise interest rates at its Oct. 27-28 meeting following weaker-than-expected employment growth.