FA News

CEO, Uneasy About Billion-Dollar Award, Creates Plan For Workers To Get Big Bucks

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If goals are achieved, the company estimates payouts will range from about $17,000 to several million for workers.

Attorney Spells Out Risks, Rewards Of Opportunity Zones

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The 2017 tax law created a new program that can help investors defer capital gains. What are the pros and cons?

On The Road With The 90-Year-Old Billionaire In His Pickup

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“There are still lots of opportunities with all the changes going on in the world,” he says.

Payment Stocks Poised For Sunny 2019 Despite Recession Angst

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There is a general consensus on Wall Street that payment stocks can weather a slowdown.

The Latest Wrinkle For A Walloped S&P 500? Quadruple Witching

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Traders are poised to absorb another blast of volatility today when futures and options on indexes and individual stocks expire.

UBS Wealth's Hedge Fund-Like Playbook To Beat Market Mayhem

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The world's largest private bank is doubling down on exotic strategies to profit from the bull market's intensifying meltdown.

'America's Money Answer Man'—Former Journalist Now Charged By The SEC

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Jordan Goodman is fined $2.6 million by the SEC for his part in the Woodbridge Ponzi scheme.

Pennsylvania Pension Fund Paid $1 Billion In Fees To Managers

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A state commission has recommended reducing costs at Pennsylvania's largest pension fund.

Stofan Agazzi Brings $640M In AUM To LPL Platform

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Stofan Agazzi Investments LLC will be starting a new year with a new platform at LPL Financial.

Mnuchin Says Market Drop `Overblown,' Cites Dovish Fed Signals

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Mnuchin added that investors have put too much emphasis on the Fed's anticipated interest rate policy.

ETFs Use Pets, AI, Anything For Attention To Crack Tough Market

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Here are the highs, lows and in-betweens from this year's plethora of thematic ETFs.

Merrill Lynch Penalized $6 Million For IPO Sales To Insiders

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Merrill Lynch made at least 1,462 prohibited sales between 2010 and March 2018.

As Oil Prices Plunge, OPEC Output Is At Risk From Social Unrest

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OPEC countries need higher prices to avoid deficits and unrest at home.

Broker Is The First Charged Under Money-Laundering-Alert Law

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Central States Capital Markets agreed to forfeit $400,000 to defer the case against them.

Many IRAs Contain Employer-Sponsored Plan Money

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Traditional individual retirement account holders are wary of withdrawing non-retirement related money, ICI said.

Wall Street Is Making The Most Money Ever, So Why The Long Face?

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Market anxiety is trumping record profits among large banks and asset managers.

Advisors At Odds Over Obamacare Court Challenges

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One advisor says the decisions are terrifying; others say Obamacare doesn't make sense.

BOE Keeps Interest Rate On Hold As Brexit Uncertainty Rises

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While the Fed continues to raise rates, other central banks have been significantly more dovish.

Are Bank ETFs A Bargain?

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Banks have been clobbered. Contrarian investors might see that as a buying opportunity.

MetLife Fined $1 Million, Ordered To Pay $510 Million To Retirees ‘Presumed Dead’

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Massachusetts found most of the "presumed dead" beneficiaries within just two months.