FA News

Capturing Behavioral Changes Via ETFs

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These ETFs tap into consumer behavioral habits in place before—and likely cemented by—the Covid-19 outbreak.

Painting Reaps 6,700% Return Less Than Year After Artist's Death

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Matthew Wong died in October just as his career was taking off.

Apple, Facebook, Amazon, Google CEOs To Testify In Congress

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The CEOs of Facebook, Alphabet, Amazon and Apple have agreed to speak about competition in the tech space.

House Clears Extension Of Small Business Loan Program To August

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The House gave last-minute approval Wednesday to extending the Paycheck Protection Program.

The Star Of Bonds Is Rising, Portfolio Manager Says

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Both junk and investment-grade bonds will enjoy the economic recovery, says TwentyFour Asset Management.

Marred By Flaws, U.S. Jobs Report Will Again Be Tricky To Assess

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The June jobs data is expected to show improvement, but the trends may be too muddy to see.

Trump Says Jobs Report Shows The U.S. Economy Is ‘Roaring Back’

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Trump also said that a strong third quarter could cement his electoral chances.

Jeffrey Epstein’s Friend Ghislaine Maxwell Arrested By FBI

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Maxwell was arrested in New Hampshire on Thursday morning.

S&P 500's Past 100 Days Were Its Best In Almost Nine Decades

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The S&P 500 had previously recorded only five 100-day rallies of at least 33% in its history.

SEC Wins $2M Judgment Against Temenos Advisors

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The firm and its former CEO were sued by the SEC for allegedly putting clients into risky investments and hiding fees.

Recovery Could Take 4 Years If Virus Contained, Fed's Daly Says

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Strong public measures or a vaccine will be needed to avoid a prolonged recovery, she said.

Retirement Risks Raised By Covid, Transamerica Says

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Age-friendly employers can take steps to help employees, a new study says.

How Coronavirus Hit 401(k), 529 Contributions From Main Street Workers

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The outbreak's impact on 529 plans is much more dramatic than its toll on retirement plans, a new report says.

Mercer Advisors Buys Two RIAs With Combined AUM Of Roughly $1 Billion

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Mercer has added ClearRock Capital and Argosy Wealth Management to its expanding roster of acquired RIAs.

Soros Family Office, Texas Pensioners Lead Rush Into Hedge Funds

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Some well-known fund managers, sensing the moment, began accepting new capital for the first time in years.

Citi Pulls Back On Plans For Office Return In 13 States

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Citigroup is still planning to return about 5% of employees to offices in much of the U.S. Northeast.

Women's Financial Gains Held Back By Covid, Advisor Says

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Women already are being disproportionately hit by the epidemic's economic impact, a financial executive says.

Broker Interest In RIA Channel Remains High, TD Survey Says

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Many brokers think joining an existing RIA firm will ease their transition.

Active Managers More Likely To Quit Than Sustain Outperformance, Study Says

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Very few active fund managers consistently outperform their peers, according to an S&P indices scorecard.

Rehired Workers Get Fired Again When States Pause Reopening

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Governors are taking swift action to combat a resurgence of virus cases, especially in the U.S. South and West.