Massachusetts Risks $1B in Lost Tax Revenue as Rich Flee
By Sri TaylorThe state recently enacted a 4% surcharge on income over $1 million, which generated about $1.8 billion in revenue over nine months.
May 22, 2024
Ivan Boesky, Convicted of Insider Trading in 1980s, Dies at 87The high-flying trader speculator was exposed as a cheat in a scandal that defined the era and sent him to prison for two years.
May 22, 2024
New Court Filing Seeks to Halt DOL Fiduciary RuleFACC, an insurance group, is asking to delay implementation until its existing lawsuit against Labor is resolved.
May 21, 2024
Consolidation Meets AI at Industry EventIn the opening keynote at WealthStack, Joe Duran warned advisors about the hidden costs of inorganic growth.
May 21, 2024
Here Is Americans' Favorite Long-Term Investment: SurveyThe top pick is consistent across income and political divides, Gallup finds.
May 21, 2024
S&P 500 Wavers Near Record in Run-Up to Nvidia EarningsThe index hovered near 5,315, as market watchers await the chipmaker's latest earnings report, set for tomorrow after the close.
May 21, 2024
Louisiana Moves to Adopt NAIC's Annuity Suitability UpdateOne question is what adoption will mean in light of the new DOL fiduciary rule requirements.
May 21, 2024
Annuity Advisor Settles With SEC Over Product RecommendationsRaymond Lent should have considered offering clients fee-based contracts, agency officials said.