FA News

China's Slow Recovery Points To Hard Road Back For Global Economy

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There are few signs of a broad based rebound needed to spur a V-shaped recovery.

Workers Can't Be Fired For LGBT Status, U.S. Supreme Court Says

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Conservative Justice Neil Gorsuch and Chief Justice John Roberts joined the court’s four liberals in a 6-3 majority.

Morgan Stanley Economists Double Down On V-Shape Global Recovery

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The forecast assumes a manageable second wave of coronavirus infections by fall.

Goldman Says Mom-And-Pop's Stock Picks Are Trouncing Wall Street

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A portfolio of stocks popular among individuals has surged by 61% since the bear market trough.

Treasuries Rally After Beijing Cases Renew Second Wave Fears

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Dozens of people associated with a fruit and vegetable market in the city tested positive for the virus.

De Blasio The Critic Turns NYPD Defender To Fight $1 Billion Cut

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Bill De Blasio campaigned for mayor in 2013 as a critic of controversial police stop-and-frisk tactics.

Deadliest Corporate Crime In U.S. Will End With 84 Guilty Pleas

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The plea will conclude a legal case arising from the largest wildfire in California's history.

U.S. Financial Advisors More Optimistic About Markets Than Their Foreign Compadres

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A Natixis survey finds that U.S. advisors don't expect 2020 to come close to the market debacle of 2008.

Fed Will Begin Buying Broad Portfolio Of Corporate Bonds

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The central bank said it would follow a diversified market index of U.S. corporate bonds.

Ed Slott On Why 2020 Offers Unique Retirement Income Opportunities

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Life insurance has become more favorable as an estate planning tool under new rules.

Vanguard: Automation Helped Retirement Investors Succeed During Market Swings

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While some investors panicked, Vanguard said its retirement plan participants stayed the course.

Stock Pickers Are Failing To Beat The Whiplashed Pandemic Market

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More than 60% of domestic equity funds underperformed the S&P Composite 1500 in the first four months of 2020.

Resurgent Virus Thrusts States Back Into Life-Or-Death Decisions

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Governors have already begun taking divergent approaches, inflaming tensions within states as well as with neighbors.

Mom-And-Pop Shops Left Holding The Bag In Consumer Card Disputes

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The world’s biggest payment companies have grown increasingly worried about a surge in disputed card transactions.

Appeal Of Digital Assets Growing Among Global Institutional Investors, Fidelity Says

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About 36% of institutional investors hold digital assets, a company survey said.

Mega-Rich Urged To Unleash $121 Billion For Desperate Charities

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The pandemic is prompting more money to flow out of DAFs and into charities where it can do some good.

Stock Strategist Says His Eye Doctor's Kid Asked Him About Rally

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What we’re seeing, I have not seen since 2000, says BTIG’s Julian Emanuel.

$350M Team Exits Merrill Lynch For Raymond James

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The advisors will join RJA’s employee channel in St. Petersburg, Fla.

Trump Immigration Order May Halt Work Visa Entries Until Fall

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One possibility under consideration would restrict people from entering the U.S. on several different visa categories.

Houston On 'Precipice Of Disaster' With Virus Cases Spreading

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Texas recently recorded its highest one-day tally of new cases since the pandemic emerged.