Some $30 trillion is tied up in difficult-to-trade investments, the Bank of England's Mark Carney noted earlier this year.
The administration is working on a plan to index capital gains to inflation, and it might do so in a way that bypasses Congress.
Investors have poured $72 billion into fixed-income funds so far this year amid fears of a slowdown.
Georgetown University Medical Center reveals brutal dynamic governing long-term care in America.
LedgerX won approval to offer bitcoin spot and physically settled derivatives contracts to clients of any size.
Non-compensation costs have risen to 33% of total expenses, up from 26% in 2014.
Plan also provides states $48 billion annually to eliminate undergraduate tuition and fees at public colleges and universities
Financial pros argue that a transaction levy will hurt mom and pop investors along with investment houses.
Officials in high-tax states say Democratic-led states have been targeted to pay for the cuts.
Bank board's decision to open CEO search to outsiders may sideline Mary Mack from being first woman to lead a giant U.S. bank.
