Senate Passes No Tax on Tips Act
By Melanie WaddellThe bill, which passed 100-0, would exempt up to $25,000 in tips from federal income tax.
May 20, 2025
Judge Rejects $40M Class-Action Settlement in Vanguard Target-Date Selloff CasePlaintiffs will get a better deal under an SEC settlement, the judge found.
May 20, 2025
Texas Stock Exchange CEO Sees State Muscling In on NYC, DelawareThe Dallas-based bourse project is backed by the likes of BlackRock, Schwab and Citadel Securites.
May 20, 2025
Trump Loses Patience With SALT Demands as Tax Bill Faces SnagSeveral SALT advocates plan to keep blocking Trump’s bill if the deduction isn't raised above $30,000.
May 20, 2025
Accredited Investor Standard Should Be Eliminated: SEC's PeirceThe move would give more investors access to private markets through "diversified, professionally managed funds," the commissioner says.
May 20, 2025
Schwab Debuts Program to Help Advisors Start Their Own RIAsSchwab Advisor ProDirect, opening in July, aims to help advisors go independent and grow their firms quickly.
May 20, 2025
Luminaries 2025 Nominations Are OpenThinkAdvisor is taking nominations for our expanded awards program through Aug. 4. There's no cost to participate.
May 20, 2025
Trump Pushes SALT Republicans to Abandon Further Cap HikeHe also spoke with hard-liners seeking deeper Medicaid cuts. But both groups appear to be holding firm.