GOP Releases Final Tax Cut Bill
Legislators “kept virtually the entire corporate cut and made sure it starts next year,” said Andy Friedman of The Washington Update.
New Active Funds: The Better They Do, the More You Pay
AllianceBernstein will launch a series of advisor-sold actively managed funds whose fees are tied to performance.
Corker to Vote Yes, All but Ensuring Passage: Tax Debate Update
His change of heart comes about an hour after Rubio said yes, improving the tax bill's prospects.
Jeremy Grantham: ‘Be Brave’ and Invest in Emerging Markets
In GMO's latest newsletter, its CIO says emerging market stocks are the "only cheap asset."
Sen. Rubio Opposes Tax Bill, Rattling Negotiations
The Florida Republican is pushing for an increased child tax credit.
Fed Raises Short-Term Rates, Suggests 3 More Hikes Next Year
Outgoing Chair Janet Yellen admits that the Fed's "understanding of the forces driving inflation isn't perfect."
The Coming Shift in Emerging Markets
As China's economy matures, its growth story is playing out in other emerging markets — in ways the indexes don't fully capture.
Affluent Americans Split on How Trump’s Policies Will Affect Their Finances
A Personal Capital survey finds about half of investors expect better market performance next year.
The Hidden Stock Market Price of Falling for the Dividend Ruse
A favorite theory of financial economists is that stock dividends are a free-money mirage. Research says almost everyone falls for it.
Investors Told to Brace for Steepest Rate Hikes Since 2006
Citigroup and JPMorgan predict policy tightening in rich nations; five central banks set policy this week.