FA News

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Supreme Court Curbs SEC's In-House Judges In Fraud Cases

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The decision could reduce the commission's ability to extract high-dollar settlements.

Ex-PNC Team With $380M In Assets Joins LPL Platform In Del.

by FA Staff

First Summit Capital Management is led by Thomas Cooney and includes former baseball player Mark Freed.

'Volatile And Unpredictable': Why Fast-Money Traders Like Trump

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A breed of global fast money traders thrive on volatile markets.

Empty Offices Risk Wiping Out $250 Billion In Commercial Property Value

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Nearly one-quarter of all U.S. office space will be vacant by 2026 as working from home continues.

Americans' Pandemic Savings Are Gone. The Economy Is Bracing For Impact

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The savings cushions that helped Americans weather high prices have worn through.

As Political Debates Heat Up, Advisors Try To Focus On Portfolios

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Advisors say letting politics determine a client's financial and investment decisions is a mistake.

Younger Adults More Open To AI In Their Financial Lives, Survey Says

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A Northwestern Mutual survey found that views on artificial intelligence often vary by age group.

Former Sanctuary CEO Dickson Among Founders Of New RIA Aggregator

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Industry veterans Jim Dickson and Mark Penske raised money from family offices for the launch.

Bond Traders Boldly Bet On 300 Basis Points Of Fed Cuts By March

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Investors have been scouring economic data and Fed officials' remarks for clues on the timing of Fed easing.

Former SEC Chair Clayton Blasts Agency's Climate Change Rules

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The agency chief under the Trump administration told the SEC to "stay in your lane."

New-Home Sales Slump To Slowest Pace Since November

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The sales pace is now at the low end of the range seen over the past year.

Dynasty Program Teaches Advisors How To Act As CEOs

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The firm collaborated with MIT to train first-time executives on how to run their businesses.

Bond Market Faces Election Risk After Falling In Step With Fed

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The risks and unknowns around the campaign trail could jostle the market.

Even High Earners Worry About Making Ends Meet, Fed Poll Finds

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The share of people having trouble with their bills is also ticking up.

BlackRock Muscles Into Private Assets Market For Wealth Clients

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The firm will work with Chicago-based GeoWealth to offer private equity and debt funds.

IRS Apologizes To Ken Griffin To Settle Tax Data Breach Case

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Griffin sued the IRS for failing to prevent his financial information from appearing in ProPublica articles.

Plan Participants Feel Scared, Short On Savings, Schroders Survey Finds

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They want to top $1 million in savings, but only 29% believe they will reach that goal before retirement.

Treasury Liquidity Is Better Than Traders Feared, JPMorgan Says

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The firm's liquidity gauge has been "steadily improving," JPMorgan strategists said.

IRS Audits Shift Focus From Ultra-Affluent Individuals To The Mere Wealthy

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The agency is zeroing in on those who make more than $400,000 instead of just multimillionaires, a watchdog report said.

Home-Price Growth Cools As Buyers Contend With High Rates

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Run-ups in both prices and mortgage rates over the past couple of years have squeezed buyers.

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