Are Amazon, Apple and Google Coming for Asset Managers?
Tech companies will increasingly enter finance in order to increase their “client stickiness,” Moody's predicts.
Middle-Income Consumers Drop Private Coverage
CDC figures show private plan use held steady among consumers who earn too much to qualify for subsidies.
Life Distributors Wrestle With Cyberattack Threat
One risk getting more attention is manipulation of what consumers are thinking.
Health Care for Millions at Risk as Tax Writers Look for Revenue
Few Republicans have talked much about the House bill repeal of the medical expense deduction.
House Passes GOP Tax Reform Bill
Bill passed House by 227-205 vote; Andy Friedman sees passage of Senate bill after Thanksgiving.
Industry Event Planners Choose Their Own 2018 Leader
FICP members also picked the head of the group’s hospitality partner advisory committee.
Senate Tax Cut Bill No Longer Taxes 401(k) Catch-Up Contributions
The bill, being marked up in the Senate Finance Committee, also reinstates nonqualified deferred comp plans.
Merrill Fund Manager Survey Finds ‘Irrational Exuberance’
Risk-taking hit an all-time high in November, according to the latest Bank of America Merrill Lynch fund manager survey.
Morningstar Unveils Cloud Platform Integrating Client Data and Research
The new software, announced at Schwab Impact, has been in beta for the past few months and will be rolled out in the first quarter.
New York Fed Sees a Healthy Fear in the Volatility Curve
Fed researchers say the market is “pricing in implied volatility of around 19% in one or two years’ time."