FA News

2020's Free College Promises May Be Deadly To Private Schools

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Private college leaders argue that lower- and middle-income students rarely pay the listed price of attendance.

Investors Risk Getting Tangled Up In Fed-Markets Feedback Loop

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Concerns are growing that this feedback loop could be creating distortions that will lead to asset bubbles.

Equifax Agrees To Pay $700 Million To Settle U.S. Breach Probe

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Equifax will compensate consumers and provide credit monitoring to those whose information was exposed.

Wealthtech Week In Review: Advisor Group, DriveWealth, TradingScreen, Mercer

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Advisor Group launches cybersecurity platform; DriveWealth offers retirement savings accounts for freelancers.

Schwab Study Says RIAs Are 'Doing Incredibly Well'

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They are adding lots of new clients and poaching talent from other firms.

Latest Phone Scam Preys On Immigration Fears

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A new phone scam is preying on public suspicion and fear.

BlackRock Posts Record Net Inflows As Revenue, Profit Decline

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Its fixed-income products helped total net inflows hit a record in the second quarter.

SEC Orders Former Hedge Fund Portfolio Manager To Pay $700,000

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Swapnil Rege was charged with mispricing fund investments that resulted in a large bonus and excessive management fees.

Smart Money Said ‘Skip Bitcoin, Bet On Blockchain.’ Not Any More

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The flow of cash into blockchain startups has dropped dramatically.

Divorce Destroys Finances Of Americans Over 50, Studies Show

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As more baby boomers end marriages, they’re wrecking their finances on an unprecedented scale.

Ray Dalio Adds To Gold Chorus As Mint CEO Awaits Retail Nod

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Billionaire hedge-fund manager Ray Dalio sent ripples through the gold market this week when he advised buying the metal, but he’s part of a bigger wave...

BlackRock CEO Fink Sees Markets Rising On U.S. Fiscal Moves

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Larry Fink sees markets trending higher spurred by deregulation and tax cuts in the U.S.

Trump To Nominate Eugene Scalia As His New Labor Secretary

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The president intends to nominate the son of late Supreme Court Justice Antonin Scalia to the post.

Mnuchin Says 'No Commitment' On Possible Capital Gains Tax Break

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The ambivalence suggests a divide between Treasury and the White House, which hopes to deliver a tax cut.

A $10 Billion ETF Is Smashing Records Amid The Junk-Bond Binge

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BlackRock's 8.5 billion-euro IHYG took in 640 million euros in the week ended July 5, smashing a record.

Rhinos Come To The Bond Market, And Other Species May Follow

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Yield will depend on the population growth rate of the animals.

Sex Toys Allowed, Not Massages, In Fine Print Of Trump Tax Break

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The fine print in Trump's tax overhaul is quirky when it comes to opportunity zone investments.

Muni-Bond End Run Around Trump Tax Law May Pick Up As Rates Fall

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Interest rate declines may prompt states and cities to make a bond-market end run around the federal government.

As Bull Market Roars, Americans' Retirement Confidence Is Left Behind

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Just one in five Americans feels confident enough to retire on savings.

How Advisors Can Keep Their Biases In Check

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Clients aren't the only ones who let emotion and biased thinking influence their decisions, an SEI white paper says.