Wells Fargo Facing Record $1B-Plus Fine
By Hannah Levitt and Katanga JohnsonThe bank is under pressure from the Consumer Financial Protection Bureau to settle investigations into the mistreatment of clients.
November 08, 2022
Election Day to Deliver Verdict on Biden Agenda, EconomyWith inflation concerns at the top of voters' minds, Biden confronts tough odds of preventing a Republican takeover of one or both chambers of Congress.
November 07, 2022
Short-ARKK Fund Celebrates First Birthday Up 110% Since LaunchThe $361 million AXS Short Innovation Daily ETF has the second-best performance of some 450 ETFs that launched over the past year, Bloomberg data show.
November 07, 2022
IRS Expands 401(k) Tax-Favored Approval Process to 403(b)sCertain groups can soon use the same IRS process as qualified retirement plans when applying for tax-favored treatment.
November 07, 2022
What Advisors, Clients Should Know About Political DonationsDirect contributions aren't tax deductible, but there are ways to support candidates and causes with a tax break.
November 07, 2022
Kitces, Other Advisors Stunned by Rude Advisor Sanctioned by CFP Board"Wow, this was a wild ride," said Michael Kitces about David R. Nute, who told his prospective client that her reactions "tell me why your husband left you."
November 07, 2022
Feds Score $3B Crypto SeizureProsecutors seized almost $3.4 billion in Bitcoin from a property developer who scammed the dark web marketplace Silk Road.
November 07, 2022
Life Insurance as an Investment: Is It Right for Your Clients?Whether life insurance is a logical investment option for your client will vary on an individual basis.