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Oil shares inside ESG ETFs helping returns
INVESTING ESG MAY 03, 2021
Oil shares inside ESG ETFs helping returns

Ironic that the boost in oil prices is helping funds aimed at supporting firms with strong environmental, social and governance scores.

Warren Buffett sees 'red hot' economy with creeping inflation
NEWS INDUSTRY NEWS MAY 03, 2021
Warren Buffett sees 'red hot' economy with creeping inflation

The Berkshire Hathaway CEO attributed the faster-than-expected recovery to swift rescue measures by the Federal Reserve and the U.S. government.

Americans fleeing tax hikes may accelerate shift to ETFs
INVESTING MUTUAL FUNDS MAY 03, 2021
Americans fleeing tax hikes may accelerate shift to ETFs

Exchange-traded funds are generally more tax-efficient, spinning off fewer capital-gain disbursements that for some could soon become a lot more costly.

Senate bill would allow 401(k) match for student loan payments
RETIREMENT RETIREMENT PLANNING APR 30, 2021
Senate bill would allow 401(k) match for student loan payments

The proposal would enable Americans to build retirement savings while repaying their student debt even if they can't afford to make their own contributions to a 401(k) plan.

Biden offers a unity vision with rich paying ‘fair share’
NEWS REGULATION AND LEGISLATION APR 29, 2021
Biden offers a unity vision with rich paying ‘fair share’

The president promised tax increases on the wealthy to pay for ambitious plans to spend trillions on infrastructure, education and other Democratic priorities.

SEC punts decision on Bitcoin ETFs to at least June
INVESTING ETFS APR 28, 2021
SEC punts decision on Bitcoin ETFs to at least June

In a filing Wednesday, the agency said it was postponing its decision until June 17. Optimism has been growing that the SEC may finally approve a Bitcoin ETF launch this year.

SEC enforcement chief Alex Oh resigns just days after taking job
NEWS REGULATION AND LEGISLATION APR 28, 2021
SEC enforcement chief Alex Oh resigns just days after taking job

Melissa Hodgman, who previously was serving as acting director of the enforcement unit, will return to that role, the SEC said.

Ultra-rich fear Biden will close their favorite tax loopholes
NEWS REGULATION AND LEGISLATION APR 27, 2021
Ultra-rich fear Biden will close their favorite tax loopholes

The president's tax package could take aim at a long list of sometimes obscure deductions, exclusions and loopholes that are favorites of the 0.1%.

UBS announces surprise $861 million Archegos hit
NEWS WIREHOUSES APR 27, 2021
UBS announces surprise $861 million Archegos hit

Like Morgan Stanley, UBS kept its investors in the dark for weeks about the size of the losses it incurred in the collapse of Bill Hwang's family office.

Stone Point, GIC near $3B deal for Ascensus
RETIREMENT RETIREMENT PLANNING APR 26, 2021
Stone Point, GIC near $3B deal for Ascensus

The investment firms are buying the company from backers including Genstar Capital, Aquiline Capital and Atlas Merchant Capital.