FA News

All The Loopholes U.S. States Have To 'Balance' Their Budgets

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As costs related to Covid-19 mount, the temptation to take advantage of fiscal-planning loopholes will only grow.

Hydroxychloroquine Tied To Deaths, Heart Risk In Covid Study

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Trump’s endorsement has led many people to take the medications without scientific proof of their benefit.

Ecstatic And Terrified, Americans Are Rushing Out Of Their Homes

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Americans seem resigned to participating in a coronavirus experiment that begins in earnest this Memorial Day weekend.

MAI Capital Management Acquires Grisanti Capital Management

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The deal increases MAI’s assets under management by over $225 million.

Which ETFs Are Winning The Factor Race?

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Factor investing entails more than just “set it and forget it.”

Smarsh Acquires Entreda As Line Blurs Between RegTech, Cybersecurity

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The two firms hope to create synergies as more advisors and banks go online to find and serve clients.

More Than One Thousand Firms Now Use Schwab's Portfolio Connect Tool

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The tool, designed for smaller firms, has also been enhanced since its 2019 launch.

J.P. Morgan Debuts Two Active Equity ETFs

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The firm has quickly become the 10th-largest provider of U.S.-listed ETFs.

Most Small Firms That Got Covid-19 Aid Struggle With Loan Rules

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Many small companies say they are struggling with the narrow criteria to turn PPP loans into grants.

Senators To Press Forward With Small-Business Loan Extension

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An architect of the Paycheck Protection Program is pushing for a quick Senate vote on extending it.

Conducting Client Reviews During Pandemic-Induced Realities

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When it comes to clients' reviews, you're going to have to anticipate their current distress and center them.

Morgan Stanley CEO Sees Only Half His Employees Back By Year-End

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The firm still has more than 90% of employees working from home, CEO James Gorman said.

Pandemic Is Last Nail In Globalization's Coffin, Says Carmen Reinhart

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The blow against globalization will cut global growth, damaging developing countries reliant on exports, she said.

Americans Again File By The Millions For Unemployment Benefits

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Major job losses are continuing two months after the coronavirus started shuttering businesses.

Specter Of Negative Rates Is Putting Wall Street Bankers On Edge

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U.S. banks want to avoid what's happening to overseas lenders.

Home Mortgage Delinquencies Soar By Most On Record In April

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Delinquencies on U.S. home loans surged by 1.6 million in April, the biggest one-month gain ever.

FPA Unveils Redesigned Website And New Branding Message

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The website is streamlined and reconfigured with a mobile-first focus.

Parents' Chores And Child Care Almost Double During Pandemic

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Women now report spending a total of 65 hours per week on housework and child care; men report a total of 50.

Black Swan Author Spars With Quant Legend Over Tail Risk Hedges

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Author Nassim Nicholas Taleb and quant investor Cliff Asness have waged a Twitter war over tail-risk strategies.

Only 25% Of Americans Know 529 Plan Fund College Costs, Survey Says

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U.S. consumers are lacking in knowledge about the investment product, but 529 assets are still increasing.