FA News

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New York's Transit Agency Approves $9 Congestion Toll

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President-elect Donald Trump has threatened to terminate the fee once he takes office.

Ken Griffin Says He's 'Very Anxious' About Trump's Tariff Policy

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The Citadel founder called tariffs a “long, slippery slope” that will damage U.S. companies' competitiveness.

BlackRock Converts International Dividend Fund Into Active ETF

by FA Staff

It's the first time the fund giant has converted a mutual fund into an active ETF.

Mercer Capital Acquires Florida Valuation Services Firm

by FA Staff

Business Valuation Analysts LLC focuses on federal estate, gift, income tax and corporate transactional matters.

California's Santa Barbara Borrows For Police Station, New Park

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The city will borrow $124.2 million in the municipal bond market through its finance authority.

Trump Team Shows Support For Warsh As Treasury Feuding Persists

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The former Fed governor is the latest candidate to enter the mix for the Treasury job.

Credit Is Harder To Access As Rejection Rates Rise, Fed Survey Shows

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Applications for various forms of credit were increasingly rejected in 2024.

National Retirement Plan Could Decrease Savings By 20%: Morningstar

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Millennials and Gen Z would see the greatest loss in savings, the research firm says in a new report.

Morgan Stanley, Goldman Turn More Cautious On China Stocks

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The MSCI China Index has fallen about 15% from a recent peak.

Rich Newcomers In Miami Price Out Teachers At $52,000 Schools

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Miami's cost of living has been pushed higher by an influx of executives and billionaires.

Johnson Says Congress Will 'Do The Math' On Trump's Tips Tax Pledge

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Ending taxes on tips was one of Trump's key tax promises during the campaign.

Goldman Says 'Go For Gold' As Central Banks Buy, Fed Cuts In ‘25

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Gold hit successive records before pulling back after Trump's White House win.

Rent Inflation Won't Ebb Until 2026, Cleveland Fed Model Shows

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Shelter is the largest category in the CPI, accounting for more than half of the October monthly advance.

Prominent Wall Street Bear Wilson Sets Bullish U.S. Stocks Target

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The strategist expects the S&P 500 to end next year around the 6,500 level.

Morgan Stanley Sues Ex-Advisor For Allegedly Soliciting Former Colleague's Clients

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Morgan Stanley accuses Nicholas Takahashi of stealing confidential client information before switching to Raymond James.

Health Stocks Slide As Trump Picks Industry Skeptic Kennedy

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Companies that make immunizations bore the brunt of the losses.

Want To Meet A Millionaire? Best Chance Is In Bay Area

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About one in 127 jobs in the US pays more than $500,000 a year, a new study says.

Crypto Asset Manager Bitwise Buys $3.7B Ethereum Staking Provider

by FA Staff

Attestant, based in London, will boost Bitwise's crypto assets to more than $10 billion.

'Rates Will Be A Lot Lower' In 12-18 Months, Fed's Goolsbee Says

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The Chicago Fed chief said it makes sense to slow rate cuts at some point amid uncertainty over where the neutral rate is.

Druckenmiller Leads Family Offices Boosting U.S. Bank Stock Bets

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Investors have wagered the industry is set to be a key beneficiary of Trump's promise to lower taxes and cut regulations.

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