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Bessent: Not Unreasonable To Have Discussion On Practices Of Credit Card Companies
Scott Bessent said it was not unreasonable to have a discussion on the practices of credit card companies and a number of things can be considered.
Global Investors Hit 'Hyper-Bull' As Hedging Collapses, Says BofA Survey
Global fund managers are the most bullish since July 2021, January's Bank of America survey showed on Tuesday.
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DOL Halts Enforcement of Independent Contractor Rule Targeting Financial Advisors
DOL suspended enforcement of Biden-era rule that many financial advisors feared would force reclassification of independent contractors as employees.
IRS Lost 31% of Tax Auditors in DOGE Downsizing, Report Says
IRS lost 31% of auditors from buyouts and layoffs tied to Musk’s DOGE departures that are likely to hamper agency’s ability to go after tax cheats.
Emigrant Partners Acquires Minority Stake in Jim Dickson’s Elevation Point to Accelerate RIA Investments
In strategic move that strengthens both firms’ reach in independent advisory space Emigrant Partners has acquired a minority stake in Elevation Point.
Commentary: These Trumpers Aren't Worried About a Trump Recession
Trump's import tariffs rattled markets, economists worry they could cause a recession. Import costs are rising, inflation is probably going higher.