FA News

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Health Insurers Flash Warnings Over Unexpected Medical Costs

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Health insurance companies say they're losing profits as states remove millions from the Medicaid program.

Wall Street Billionaires Are Rushing To Back Trump, Verdict Be Damned

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A growing number of financial elites are throwing their weight behind Trump.

UBS Completes Historic Takeover As Credit Suisse Ends

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Credit Suisse struggled to adapt to a changed banking landscape after the financial crisis.

Fed's Favored Inflation Gauge Cools, Spending Unexpectedly Drops

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The report offers Fed officials some solace about the pathway for inflation.

Raymond James Jumps Into Hot Private Credit Sector

by FA Staff

Raymond James has partnered with asset manager Eldridge Industries to offer private credit solutions.

Raymond James Adds Advisor Team With Nearly $1B AUM

by FA Staff

Raymond James added five advisors who worked at Truist Asset Management in Atlanta.

Advisor Ordered To Repay Morgan Stanley $5M In Promissory Note Battle

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A Finra arbitrator sided with the firm's contention that Frederico Cardona failed to honor promissory note agreements.

Va. Breakaway Advisor Duo Joins Dynasty Network

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The Richmond-based advisors managed $750 million at Salomon & Ludwin, according to Dynasty.

Is It Worth It To Report Your Own Rule Violations To The SEC?

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The agency's enforcement chief says it's always a good idea and often leads to more leniency.

Advisors Urged To Educate Americans About 529 Plans

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An Edward Jones survey found that half of adults didn't know what a 529 plan was.

Traders Are Bracing For Record-Smashing Summer That Will Shake Up Commodities

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High prices for food and energy frustrate the Federal Reserve's inflation fight.

Goldman's Waldron Says Fed Needs To ‘Slay The Inflation Dragon'

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“Inflation is clearly moderating but it's still sticky,” he said.

Atlanta Fed Prez Says Many Inflation Measures Moving To Target Range

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But he said the breadth of inflation is still quite high.

Banks Have A Commercial Property Blind Spot, Study Warns

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Large U.S. banks have accrued a large stake in commercial property through indirect lending to REITs.

Layoffs, Pricing Power Driving S&P 500 Profits To Highest In 16 Years

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Firms have largely opted not to pass on savings from falling commodity costs.

Preventing The Second Home Dream From Becoming A Nightmare

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New costs and aggravations have put people off buying a second property.

Schwab's Offer Of Alts For DIY Investors Takes Shape With iCapital

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Schwab by the end of the year will offer alternatives to self-directed investors with $5 million at the firm.

Unemployment Rates Up From Last Year In 78% Of U.S. Metro Areas

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The jobless rate climbed in 305 of the 389 metropolitan areas in April.

Private Equity Firm's New Platform Offers Wealthy Access To Middle-Market Deals

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Milwaukee-based Borgman Capital rolled out a platform for the wealthy and family offices.

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