FA News

'Big Short' Hero Explains Why Index Funds Are Like Subprime CDOs

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Michael Burry says the flow of money into index funds reminds him of the last decade's debt bubble.

Uncertainty Playing Key Role In Fed Policy, N.Y. Fed Chief Says

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N.Y. Fed President John Williams cited a deterioration in U.S. manufacturing.

Google To Pay $170 Million For YouTube Child Privacy Breaches

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Some consumer advocates have criticized the fine as an insufficient deterrent.

American Century To Launch Five Active Equity ETFs Under New Avantis Banner

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The Avantis suite is led by ex-DFA executives, and the ETFs will debut in September.

Bitcoin’s Narrowing Trading Range Seen Suggesting A Push Higher

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Even as cryptocurrencies enjoy a rally analysts express concerns over regulations and security.

CIBC Acquires $1.8B AUM Lowenhaupt Global Advisors

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Atlanta-based CIBC Private Wealth Management acquired Lowenhaupt Global Advisors.

Investors Rush Into Gold

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Holdings rose 101.9 tons, bringing total known assets to 2,453.4 tons as of Friday, according to Bloomberg.

JPMorgan Says It’s Finally Time To Buy Stocks Despite Trade Woes

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Now is the time to buy stocks, and global equities are likely to rise into year's end, says JPMorgan Chase

Junk-Yield Premium Vaults To Record For Emerging-Market Debt

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The yield from high yield emerging market debt in U.S. dollars has spiked.

U.S. Seeks ‘Reset’ In Transatlantic Ties As Tariff Threat Looms

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As a trade war with China rages on, the U.S. seeks to strengthen its European partnerships.

What To Dread And Love In Stocks During ‘Bad News’ September

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Some analysts expect higher market volatility leading to another interest cut in September.

Fidelity Grants Support Charity 'Infrastructure'

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Fidelity Charitable Trustees' Initiative provides grants to support research and advocacy for nonprofits.

For The Roaring U.S. Dollar, Factory Slowdown Is Just A Speed Bump

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The dollar is likely to remain strong despite the signs of a slowing U.S. economy.

USC Emails Show Brazen Pay-to-Play Policy, Indicted Parent Says

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Evidence mounts that "pay to play" may be customary at U.S. colleges and universities.

Tiedemann Advisors Co-Founds Zurich Wealth Management Firm

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Tiedemann Constantia will be headed by a former Credit Suisse private banking team.

CFA Institute Building Tools So Investors Can Understand B-D Conflicts, Costs

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Concerned that the SEC's Regulation Best Interest "missed the mark," the CFA Institute steps in.

China, U.S. Struggle To Set Meeting As Tariffs Erode Trust

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The U.S. and China still seem a long way off from any potential agreement on tariffs and trade.

Wealthy Clients Should Beware The Millionaires’ Tax

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Coastal states are implementing new, higher taxes on the wealthy.

CFP Board Moves To Improve Enforcement

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Four members are appointed to the board's Independent Task Force on Enforcement.

NBA Considers Vehicle To Bring New Investors To Soaring Team Values

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Minority, non-voting shares of NBA teams could soon be turned into investment products.