FA News

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Grayscale's Bitcoin ETF Exodus Reaches $7.4 Billion In First 30 Trading Days

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The $22.8 billion Grayscale Bitcoin Trust has seen $7.4 billion exit across 30 trading days as of Friday.

Harvard University Floats $1.65 Billion Upcoming Debt Sale

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The university is planning to sell as much as $750 million of taxable fixed-rate bonds.

Vanguard Bond ETF Sees Record Influx As Traders Rethink Rate-Cut Bets

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The shift in rate-cut expectations has increased demand for bonds in the intermediate part of the yield curve.

Fortune Of Top Warren Buffett Investor Will Fund Free Medical School In Bronx

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Ruth Gottesman's husband made almost $3 billion after being an early investor in Berkshire Hathaway.

Morgan Stanley's Shalett Says Look Abroad To Hedge U.S. Stocks Bet

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The valuation gap between non-U.S. equities and the S&P 500 Index is at a 20-year low.

Proposed Federal DAF Rules Could Shut Down Some Charities, Attorney Says

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New donor-advised fund regulations will dry up charitable contributions, Holland & Knight attorney Andrew Grumet argues.

How To Help Clients Avoid Tax Scams

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Criminals are getting more sophisticated in the ways they steal client information, advisors say.

Ex-Minn. Advisor Charged With Stealing $1.6M From Clients To Buy Homes

by FA Staff

Kristi Berge falsely told clients she was investing the money in retirement accounts, prosecutors said.

Margin Calls, Lawsuits Squeeze Wealth Of Leveraged Executives

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Many executives have been forced to sell their slumping shares after pledging them as collateral for personal loans.

Deutsche Bank's DWS Says Real Estate Woes Offer Opportunities

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Some properties are being sold at huge discounts, the banking unit's analysts say.

Catastrophe Bonds Behind Record Hedge Fund Returns Face New Era Of Risk

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The risk models behind the world's best hedge fund strategy are getting a lot harder to crack.

Berkshire Inches Toward $1 Trillion Valuation After Results

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The businesses owned by Warren Buffett's Berkshire range from insurance to railroads and ice cream

Cathie Wood Sells Into Nvidia Frenzy Again, Cuts TSMC Stake

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Wood was one of the most prominent voices predicting AI would be a game-changer.

Carson Group Greenlights Just Four Spot Bitcoin ETFs

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The $30 billion RIA platform took a pass on the six other funds in the fledgling bitcoin ETF market.

Most Near-Retirees Flunk Basic Social Security Benefits Quiz

by FA Staff

Fewer than 1% answered all 13 true-or-false statements correctly on an online quiz by MassMutual.

Why Some Student Loans Are Getting Forgiven But Not Others

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Roughly 3.9 million Americans have received some form of loan forgiveness in the last year.

Goldman Sachs Predicts Fed Will Delay Rate Cuts Until June

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There's a 25% chance the central bank waits even longer, the firm's economists said.

While Yardeni Sees The Roaring Twenties, Fuss Sees The Early Seventies

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The two economists agree on one point: Technology is reducing the need for people in the workforce.

Nvidia Stock Surge Causes $3 Billion Loss For Short Sellers

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The chipmaker has surged while being the third-largest U.S. short.

Texas Student Loan Borrowers Get Biggest Share Of Biden's Forgiveness Plan

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Residents in the Lone Star State will receive $116.6 million of the $1.2 billion awarded.

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