The Latest

For financial advisors who are charging only on AUM, columnist Carolyn McClanahan has 3 points of advice.
Carolyn McClanahan
March 23, 2020 2:18 PM

As a longtime proponent of flat fees, I see a lot of pain ahead for firms that rely solely on assets under management.

4 Min Read
Colony Capital CEO Tom Barrack

Real estate investor Tom Barrack said predicted a “domino effect” of catastrophic economic consequences if banks and government don’t take prompt action to keep commercial mortgage borrowers from defaulting.

2 Min Read
A pedestrian walks past the IRS headquarters in Washington, D.C.
Michael Cohn
March 23, 2020 2:02 PM

Two new refundable credits are aimed at immediately and fully reimbursing employers, dollar-for-dollar, for the cost of providing coronavirus-related leave to their employees.

5 Min Read
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Paul Centopani
March 23, 2020 1:24 PM

While the mortgage market began the year healthy, lenders and borrowers need to prepare for the impacts of the coming coronavirus recession.

1 Min Read
March 23, 2020 12:42 PM

Bond-financed bridges across the Rio Grande will lose revenue because of the partial closure of the border, as will the Texas economy.

5 Min Read
Gary Siegel
March 23, 2020 12:36 PM

The Federal Reserve continued its “aggressive” and unprecedented actions to try to stem the economic bleeding caused by reaction and shutdowns related to the COVID-19 outbreak.

5 Min Read
Colony Capital CEO Tom Barrack said on Sunday that the U.S. commercial-mortgage market is on the brink of collapse.

The rush to unload mortgage-backed securities signals that a credit meltdown that began with corporate bonds is spreading to other corners of the market.

3 Min Read
Capitol Hill, Washington D.C.
March 23, 2020 11:54 AM

As lawmakers scramble to enact coronavirus relief legislation, some industry groups have suggested Americans could be in for “one of the greatest economic disruptions since the Great Depression.”

2 Min Read
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Ami Parekh
March 23, 2020 11:40 AM

Employers should be prepared to adjust their plans and communication strategies during the outbreak.

6 Min Read
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By Polly Mosendz
March 23, 2020 11:28 AM

Only 42 million out of 144 million U.S. workers could do their jobs at home, forcing many to choose between the fear of getting sick and the fear of being fired.

5 Min Read