After Obama Victory, How the New Government Is Shaping Up for Advisors: Updated
Some notable newcomers—Elizabeth Warren, for one—join Congress, which remains divided between the two parties as fiscal cliff, tax issues come to fore of national agenda. FPA and FSI's leaders and lobbyists weigh in on what's next.
11 Key Congressional Committees for Advisors to Worry About
As the election approaches, not just the White House and Congress are in play, but also control of congressional committees important to advisors and others in the financial services sector.
Fed’s Bernanke Makes Case for QE3
“I don’t think there’s any question that they’re getting ready to act,” an LPL analyst told AdvisorOne.
Bernanke to Cast His Vote on U.S. Economy at Jackson Hole
Bernanke’s speech will be analyzed more closely than usual because it follows Mitt Romney’s Thursday night acceptance speech as the Republican candidate for the presidency.
State Debt Burden Barely Moved by Deficit Cuts: Report
State budget gaps have shrunk by half compared to the previous year, yet the mountain of debt burdening the states has barely budged—indicating a systemic crisis fueled by unfunded liabilities.
New York Regulator Threatens to Suspend Standard Chartered Over Iran Dealings
The New York Department of Financial Services has warned the British bank Standard Chartered that it could be suspended from doing business in the state over charges that it violated money-laundering laws in dealings with institutions in Iran that are subject to U.S. economic sanctions.
Fed Says U.S. Economy Has Slowed, but Takes No New Action
The Federal Reserve said Wednesday that the U.S. economy is losing strength and repeated a pledge to take further steps to stimulate growth, but it took no new action.
MLPs, Taxes, the K-1 & More: Frequently Asked Questions
How are MLPs structured? MLPs have two classes of ownership, which are general partners (GPs) and limited partners (LPs).
Earth, Water and Fire
The search for natural gas and oil found through the process known as hydraulic fracturing, or fracking, is fraught with controversy.
The Shale Gas Rush
With all of this new economic activity comes investing opportunity. And there is more than one way to play the market.