FA News

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Americans' Pandemic Savings Are Gone. The Economy Is Bracing For Impact

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The savings cushions that helped Americans weather high prices have worn through.

As Political Debates Heat Up, Advisors Try To Focus On Portfolios

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Advisors say letting politics determine a client's financial and investment decisions is a mistake.

Younger Adults More Open To AI In Their Financial Lives, Survey Says

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A Northwestern Mutual survey found that views on artificial intelligence often vary by age group.

Former Sanctuary CEO Dickson Among Founders Of New RIA Aggregator

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Industry veterans Jim Dickson and Mark Penske raised money from family offices for the launch.

Bond Traders Boldly Bet On 300 Basis Points Of Fed Cuts By March

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Investors have been scouring economic data and Fed officials' remarks for clues on the timing of Fed easing.

Former SEC Chair Clayton Blasts Agency's Climate Change Rules

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The agency chief under the Trump administration told the SEC to "stay in your lane."

New-Home Sales Slump To Slowest Pace Since November

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The sales pace is now at the low end of the range seen over the past year.

Dynasty Program Teaches Advisors How To Act As CEOs

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The firm collaborated with MIT to train first-time executives on how to run their businesses.

Bond Market Faces Election Risk After Falling In Step With Fed

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The risks and unknowns around the campaign trail could jostle the market.

Even High Earners Worry About Making Ends Meet, Fed Poll Finds

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The share of people having trouble with their bills is also ticking up.

BlackRock Muscles Into Private Assets Market For Wealth Clients

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The firm will work with Chicago-based GeoWealth to offer private equity and debt funds.

IRS Apologizes To Ken Griffin To Settle Tax Data Breach Case

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Griffin sued the IRS for failing to prevent his financial information from appearing in ProPublica articles.

Plan Participants Feel Scared, Short On Savings, Schroders Survey Finds

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They want to top $1 million in savings, but only 29% believe they will reach that goal before retirement.

Treasury Liquidity Is Better Than Traders Feared, JPMorgan Says

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The firm's liquidity gauge has been "steadily improving," JPMorgan strategists said.

IRS Audits Shift Focus From Ultra-Affluent Individuals To The Mere Wealthy

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The agency is zeroing in on those who make more than $400,000 instead of just multimillionaires, a watchdog report said.

What The Biden-Trump Rematch Means For The U.S. Stock Market

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History shows that even a nail-bitingly close contest will not necessarily be bad for equities.

Home-Price Growth Cools As Buyers Contend With High Rates

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Run-ups in both prices and mortgage rates over the past couple of years have squeezed buyers.

American Millennials Drive Surge In Freelancing As A Side Job

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Some 3.2 million people now have a second job as a freelancer, independent contractor or consultant.

Advisors See Financial Literacy As Key Step For Women Clients

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Some advisor firms are taking the initiative in getting women comfortable with the financial services industry.

Texas Wealth Advisor Overseeing $7 Billion Eyes Mexico's Ultra-Rich

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Americana Partners International of Houston is launching a Latin American division.

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