Very wealthy individuals tend to diversify their assets over several regions, and Swiss banks see a role in offering tax-compliant investment opportunities in a stable country with a crisis-proof currency.
The biggest direct impact is on alimony, which will no longer be a deduction for the person paying it, and no longer have to be claimed as income by the person receiving it.
The affluent have recovered just fine, while lower- and middle-class households face a very uncertain retirement.
The SEC on Tuesday wrapped up its three-month public comment period on the proposed Regulation Best Interest.
U.S. District Judge Katherine Forrest said the plaintiffs failed to prove that NYU’s retirement plan committee acted imprudently or caused losses.
The retreat from the world's largest social media network is one of the sharpest responses by investors to concerns about Facebook's handling of user data.
The SEC's pilot program will create an uneven pricing structure that could post a problem for some ETFs.
Michael Piwowar, who was appointed by President Barack Obama in 2013, plans to step down on July 7.
Warren Buffett characterized bitcoin buyers as "rat poison squared."
Pushing back Social Security benefits isn't as simple an idea as it sounds.