DOE Cancels 15,000 Student Loans After Losing in Court
By Bernice NapachThe loans total $150 million in debt, just a fraction of the forgiveness borrowers are seeking.
December 17, 2018
New IRS Draft Regs Might Bite Multinational Life InsurersThe new 'BEAT' rules might fight income shuffling games — if anyone can read them.
December 17, 2018
2 Former Wilmington Trust Execs Sentenced to 6 Years for FraudWilmington Trust's former president and CFO were the first to be sentenced this week for crimes stemming from the bank's downfall in 2011.
December 17, 2018
DoubleLine's Gundlach Says Fed Shouldn't Raise Rates This WeekBond King argues that 2019 is a year for capital preservation; U.S.-China trade war is likely to worsen, hurting growth.
December 17, 2018
Unpaid Arb Awards Decreasing but Still a ProblemUnpaid awards represent "about 2% of the nearly 13,000 customer cases closed between 2012 and 2016," said FINRA's Berry.
December 17, 2018
Stocks Close Down 2% to 14-Month LowFed decision looms large; Obamacare ruling whacks insurers; dollar slips; Texas crude settles below $50; Treasuries gain.
December 17, 2018
Investors to Fed: Stop Raising RatesSixty-one percent of investors in a Wells Fargo-Gallup poll said rates should not be raised further, up from 46% in May.
December 17, 2018
Kestra BD Sale: Now or Never?A sale of Kestra now, before the bull market ends, would be a smart move, industry insiders say.