FA News

Controversial Crypto Coin Tether Gains Popularity At Gambling Sites, Pot Shops

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At CoinPayments.net, one of the largest cryptocurrency payment processors, Tether accounts for up to 30% of volume.

Goldman Joins Retreat From Fisher's Firm After His Remarks

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About $2.7 billion has been withdrawn by firms since Fisher made vulgar comments at an industry conference.

Fed Seen Cutting Rates Next Week And Then Hitting Pause Button

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The majority of economists surveyed predicted the Fed will cut rates a quarter point.

Bond Funds Learn To Exploit Ratings System To Buy Riskier Debt

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Funds are loading up on bonds where ratings firms are split on whether they’re investment grade or junk.

Amazon Investors Weigh Profit Miss Versus Future Growth

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The question, as so often with Amazon, is whether investors will calm down once they’ve digested the earnings report.

Thought Brexit Mess Couldn't Get Worse? It Has

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Just when you thought Brexit couldn’t get any more intractable, it’s plunged further into the absurd. Frustrated by Parliament from leaving the European Union on Oct...

Google Says New AI-Powered Search Update Is 'Huge Step Forward'

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The change will move the search engine to "something closer to language," a company executive said.

Advisor Helps Feuding Family Keep The Family Farm

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Here’s how advisor Howard Lutz helped siblings and their parents resolve their differences.

Jeff Bezos Is Set To Lose His Crown As World’s Richest Person

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Jeff Bezos loses the title of world’s richest person to Bill Gates as Amazon stock tumbles in late trading.

Trump Student Loan Official Quits, Calling For Debt Forgiveness

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A Republican joins Senators Elizabeth Warren and Bernie Sanders in demanding mass college debt forgiveness.

Los Angeles Pulls $500 Million From Fisher As Exodus Mounts

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After a contentious meeting, the L.A. police and fire pension cut Fisher Investments, which has lost some $2.5 billion.

His Stock Picks Soared 2,600%. Then The Index Funds Arrived

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His flagship mutual fund scored a 2,600% return over two decades, but this manager's epic run has fizzled.

S&P 500 Struggles Near 3,000 Amid Earnings Deluge

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The benchmark gauge of American equities fluctuated near 3,000 as traders assessed a raft of corporate earnings.

Tim Ryan Drops Out Of Democratic Presidential Contest

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Representative Tim Ryan announced he is dropping out of the presidential race.

Americans Disagree About Experts' Rosy Economic Picture

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Despite the expanding economy, most Americans do not feel better off, Bankrate.com said.

BlackRock's Institutional Clients Moving To Private Capital

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Almost half of BlackRock's institutional clients plan to increase their allocation to private asset classes.

Schwab Launches Alternative Investment Platform With iCapital

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The tech platform will create an automated alternative investing process for advisors.

Finra To Test Members' Readiness For Reg BI

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The regulation requires registered reps and their firms to ensure they comply with the new best interest standard.

Fewer Households Donating To Charity

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But total donations are up, according to the Lilly Family School of Philanthropy.

Novogratz Warns Bitcoin's Next Leg Lower Could Take It To $6,500

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Bitcoin fell to a five-month low as lawmaker and regulator skepticism put a damper on digital coins' appeal.