FA News

CFP Board Moves To Improve Enforcement

by

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

NBA Considers Vehicle To Bring New Investors To Soaring Team Values

by

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

College Students In These States Have The Highest Loan Debt

by

Geography plays a more important role in student loan debt than the overall cost of the school.

Big Bank Headcounts Aren’t Budging Despite Dramatic Job Cuts

by

Despite some displaced jobs, hiring remains strong within the financial sector.

U.S. Manufacturing Contracts For First Time In Three Years

by

Manufacturing is already in a recession in the U.S., according to the Federal Reserve.

Warren Says Wealth Tax Plan Isn't A Cranky Idea

by

Warren continues to agitate in favor of penalizing wealth with taxation while Biden maintains his lead.

Goldman Sees Fastest Goods Inflation In 30 Years Outside Of U.S.

by

Goldman Sachs is not convinced that global inflation has remained muted.

China Seen Heading For Sub-6% Economic Growth As Tariffs Soar

by

Tariffs are starting to take a bigger bite out of China's potential economic growth.

Stock Market Wars In U.S. Pit Everyone Against Everyone Else

by

Investors, exchanges and traders are battling over potential conflicts of interest.

Wells Fargo KC Team Moves To Independent Unit With $285M In AUM

by

After 20 years, Kansas City advisors and partners Jonathan Sarver and Peter Vrooman are going independent as Sarver Vrooman Wealth Advisors, according to a news release.

VanEck, SolidX Offer ETF-Like Bitcoin Product To Large Investors

by

ETF-like cryptocurrency funds are being offered to institutional and certain other qualified buyers.

Start Betting On A Trade Deal, Rates Veteran David Woo Says

by

David Woo believes that President Trump will push for a deal to shore up his chances of re-election.

Hurricanes, Fires To Hit Insurers With Double-Digit Rate Hikes

by

Property owners in general are likely to bear part of the financial brunt of Hurricane Dorian.

King Dollar Is Left, Right And Center Of Emerging-Market Malaise

by

Emerging markets investors have been hurt by a stronger dollar, and U.S. rate cuts might not help.

Florida Drivers Filling Up Before Hurricane Leave Tanks Dry

by

Gas stations in parts of Florida are running out of fuel as drivers race to fill up ahead of Hurricane Dorian.

Trump Slams GM As U.S. Workforce Shrinks To Detroit’s Smallest Automaker

by

By calling attention to GM’s decline, Trump has added to the pressure the company will be under at the bargaining table later this year.

U.S. Consumer Sentiment Falls Most Since 2012 On Tariff Concern

by

The increasingly downbeat mood suggests growing concern about trade policy uncertainty and a potential economic downturn.

SEC: Cetera Advisors Reaped More Than $10M From Defrauding Clients

by

The SEC said Cetera Advisors used deceptive practices to invest clients’ money.

Global Banks Prepare Their Next Moves As Johnson Steps Up Brexit Plans

by

JPMorgan Chase, Nomura Holdings and Wells Fargo are among those taking action.