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WisdomTree said to have explored sale to JPMorgan Chase
INVESTING MUTUAL FUNDS FEB 11, 2019
WisdomTree said to have explored sale to JPMorgan Chase

Discussions ended in December because the parties couldn't agree on a price.

Legg Mason to close a quarter of its ETFs
INVESTING MUTUAL FUNDS FEB 08, 2019
Legg Mason to close a quarter of its ETFs

The firm is shutting three funds next month following a review of its product lineup.

Stock pickers are excited as passive funds shed $16 billion
INVESTING EMERGING MARKETS FEB 08, 2019
Stock pickers are excited as passive funds shed $16 billion

Investors are moving out of ETFs to buy single stocks, with active bets seen as the key to outperformance.

IRS sends out fewer refund checks first week of tax season than last year
RETIREMENT TAX FEB 08, 2019
IRS sends out fewer refund checks first week of tax season than last year

Employees who handle refund processing were furloughed for most of that time.

Latest tax proposal from Democrats targets Wall Street
RETIREMENT TAX FEB 07, 2019
Latest tax proposal from Democrats targets Wall Street

Sen. Brian Schatz, a Hawaii Democrat, is working on a plan that would tax financial trade.

Trump 'open to talking about' revisions on SALT cap
RETIREMENT TAX FEB 07, 2019
Trump 'open to talking about' revisions on SALT cap

The cap is a key revenue raiser in the $1.5 trillion tax-code overhaul.

Why muni bond dealers welcome the tax-the-rich push
INVESTING FIXED INCOME FEB 04, 2019
Why muni bond dealers welcome the tax-the-rich push

State and local government bonds tend to outperform when taxes are rising.

Bill Gross retires after four-decade career in bonds
INVESTING FIXED INCOME FEB 04, 2019
Bill Gross retires after four-decade career in bonds

His returns at Janus failed to live up to his stellar long-term record at Pimco.

Cryptocurrency executive dies; takes access codes with him
YOUR PRACTICE FINTECH FEB 04, 2019
Cryptocurrency executive dies; takes access codes with him

The online startup can't retrieve about $145 million held in digital 'wallets' for its customers.

Hedge fund creates the ultimate tax-free IRA for employees
RETIREMENT RETIREMENT PLANNING FEB 01, 2019
Hedge fund creates the ultimate tax-free IRA for employees

Renaissance Technologies workers have seen their Roth IRA holdings in its Medallion Fund grow eight-fold in five years.