FA News

What Pilots Do When A Pandemic Grounds Half The World’s Planes

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The airline industry has been slow to recover since the outbreak began.

NASAA Investigators Identify 91 Alleged Covid-Related Investment Scams Since April

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More than 90 alleged investment schemes have been uncovered by a NASAA task force.

HHS Doled Out $50 Billion To Firms Accused Of Medicare Fraud

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Despite efforts to crack down, Medicare and Medicaid fraud continue to run rampant.

Trump Tax Break Fails To Deliver For Communities, Study Finds

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Thus far, "opportunity zones" don't seem to be creating many opportunities.

Recovery Runs Into New Risk In Vast Partisan Gap On U.S. Economy

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Democrats appear to be sitting out the economic recovery, perhaps for political reasons.

Who Will Profit The Most From A Green Recovery?

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ESG investors are turning their sights to structural inequality.

Wall Street Fixates On A College Side Project Tracking Robinhood

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The creator of Robintrack.net was once turned down for a job at Robinhood.

Trillions In Stimulus Go Unchecked With Watchdogs Kept Toothless

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As stimulus money streams out the doors, agencies to oversee the programs are barely functional.

Lessons From The Brink: How $4 Trillion Of ETFs Bounced Back

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ETFs thrived while the outbreak and recession disrupted much of the financial industry.

Former Insider Kevin Warsh Chides Fed For ‘Late’ Main Street Response

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A former governor said that the Fed supported asset prices, but did little for the economy.

Morgan Stanley To Contest Bias Lawsuit By Ex-Diversity Chief

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Marilyn Booker complains that the firm's leadership has too many white people, males.

The Case For Holding Precious Metals In Client Accounts

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You don’t need to be a goldbug to appreciate the benefits of owning precious metals.

Before The U.S. Can Have Clean Power, It Needs More Power Lines

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Building transmission lines to move clean power to where people need it is easier said than done.

One Month Of Fed ETF Buying Redraws $4 Trillion Market

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The Federal Reserve’s fingerprints are all over the bond exchange-traded fund market.

How An Advisor Helped Clients Buy Retirement Dream Home Amid Pandemic

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In helping a couple with a tricky real estate situation, Andrew Rosen also helped them avoid capital gains taxes.

Covid-19 Has Left U.S. Workers Financially Strapped

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A survey by Edelman Financial Engines found that Americans are worried about their jobs, health and retirement savings.

Former UBS Advisor Launches $1.2B Independent Firm With Dynasty

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Cyndeo provides wealth management services to business owners, families and professional athletes.

Schwab Self-Directed 401(k) Balances Dipped 6% In Q1

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A report showed that millennials had the lowest self-directed account balances on average and are least likely to use an advisor.

Clayton Warns Advisors That Covid-Related Products May Violate Reg BI

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As implementation of Reg BI nears, the SEC chairman told advisors to be wary of putting clients into such products.

Powell Stays With Message Of Uncertain Path On Economic Recovery

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The Fed chairman continues to stress that the U.S. has a long road to recovery.