Three Americans have been convicted of using the stolen identities of foreign nationals to conspire to defraud the US Internal Revenue Service (IRS) of more than $5m (£3.9m, €4.2m) over the course of four years.
European investors have been responding to this year’s dollar weakness by hedging their investments in US equities, according to Morningstar data.
An impasse over raising the debt ceiling could see the US hit the financial buffers in early October failing to meet around 23% of its short term obligations, an analysis by Washington think tank the Bipartisan Policy Centre has said.
The US Securities and Exchange Commission (SEC) has charged an adviser with defrauding a professional athlete and his wife by deceiving them about the advisory fees they were paying and making up a person to testify to his goodwill.
Investors are moving on from US equities in favour of UK gilts and gold according to the latest Lloyds Bank Investor Sentiment Index.
A group of US citizens living abroad “lack standing” to challenge the US Treasury Department’s taxes on their foreign bank accounts, the country’s Court of Appeals for the Sixth Circuit ruled on Friday.
Do active funds on average beat the performance of a relevant index over the very long term? Our sister publication Fund Selector Asia found that one sector stands alone.
Geneva-based investment management and consulting company Prime Partners has agreed to pay $5m (£3.9m, €4.2m) to the United States Attorney’s Office to settle charges for helping US taxpayers dodge taxes.
The US Securities and Exchange Commission has charged two men and an accomplice with defrauding $15m (£11.6m, €12.7m) from more than 150 investors in a scam that promised high returns from an oil drilling investment opportunity.
Passive funds have enjoyed a stellar time in the US as valuations ride higher and higher. Here, IG Group’s Oliver Smith looks at the six best ETFs to access booming US markets.
A US court has dismissed a complaint by an American citizen residing in Canada who claimed to have paid an unconstitutional penalty for failing to file the fiscal documentation required for his offshore business.
American life insurance activity continued its downward trajectory and lost further ground in July, an index measuring the industry’s business levels shows.
