FA News

ADP Says U.S. Firms Add 2.37 Million Jobs, Fewer Than Forecast

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There's been a significant rebound in industries that have suffered the greatest job losses, an analyst said.

Americans Face 25% Jump In Power Bills, Adding To Summer Of Woe

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Low-income families on average spend almost 9% of their budgets on energy bills.

Pandemic Shot From Pfizer, BioNTech Shows Promise In Early Test

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The companies are evaluating at least four experimental vaccines at various doses.

Closing The Generation Gap In Stocks May Be Market's Next Act

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For all the bullishness among the Robinhood crowd, there’s still among older generations a healthy dose of pessimism.

A $6 Million PPP Loan And Bankruptcy Keep Two U.S. Chains Afloat

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They’re the two biggest recipients of Paycheck Protection Program aid that filed for Chapter 11 protection.

Cornell Says Bringing Students Back To Campus Reduces Virus Risk

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Doing so makes all students subject to public health guidelines and compliance with testing, the university says.

Gold Climbs Above $1,800 For The First Time Since 2011

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There are plenty of catalysts propelling the yellow metal’s price.

Powell Highlights Imperative Of Curbing Virus For Rebound

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Parts of the U.S. are scaling back reopenings amid a fresh surge in infection rates.

Quarterly Hedge Fund Liquidations Rise To Highest Since 2015

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At the same time, net demand for hedge funds is at its highest in at least five years.

CFP Board's Ethics And Conduct Rules Are Now Being Enforced

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The new Code of Ethics and Standards of Conduct were adopted in October after five years of work by the CFP Board.

Reg BI Goes Live, And The Vast Majority Of B-Ds Are Ready

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Most firms are prepared for this, though stragglers are still playing catch-up.

Most Women Play Up Equality But Defer Financial Decisions To Men

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A UBS report cites reasons why many women turn over financial matters to their spouses.

DOL Revises Its Fiduciary Rule To Allow Third-Party Compensation

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The revisions bring the DOL rule in line with the SEC's Regulation Best Interest.

4U Introduces Joint Content Management Platform For Wealth Managers, Investment Companies

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4U Platform announced on Tuesday its launch, securing adoption by T. Rowe Price, Merrill Lynch, Morgan Stanley and Morningstar.

CFP Board Center, Facet Wealth To Offer $5K Minority Scholarship

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The scholarship is open to all African American candidates, regardless of household net worth.

Advisors Expect 17% Annual AUM Growth Over Next Three Years, Natixis Says

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But advisors also foresee new challenges, a company survey said.

'Blank-Check' Company Targets An Acquisition In Wealth Management, Other Financial Sectors

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Fusion Acquisition Corp. is led by executives from the ETF and fintech sectors.

Supreme Court Backs President's Power To Fire CFPB Director

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The ruling marks a major change for the CFPB, the brainchild of now-Senator Elizabeth Warren.

NYC To Shift $1 Billion From NYPD To Social Services, Mayor Says

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The cutbacks are being negotiated as the city sees the biggest increase in shootings in at least 20 years.

No One Can Agree On Where The Stock Market Will Be In Six Months

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Investors also have a wary eye on November’s U.S. presidential election and its impact on the market, a survey says.