Economy & Markets
The important economic and stock market news that advisors need to know.
Jeremy Siegel: Stock Rally Is Back; New Highs Likely (for Now)
By Dinah Wisenberg BrinThe market can focus on earnings now that aggressive tariff talk has subsided, Siegel wrote.
June 06, 2025
BlackRock to Eliminate About 300 Jobs in Second Cut This YearThe cuts represent about 1% of BlackRock's workforce.
June 06, 2025
JPMorgan Now Sees Slight Gain for Stocks in 2025The bank's move follows similar reversals by Goldman Sachs, Barclays and Deutsche Bank.
June 05, 2025
Political Uncertainty Hangs Over Life and Annuity Sector at S&P MeetingEverything has been going pretty well for the companies, except the world.
June 04, 2025
Robinhood Is a 'Prime Candidate' for S&P 500 Addition: BofAThe trading platform’s stock has surged as both equity and cryptocurrency markets rally.
June 04, 2025
Kellyanne Conway Talks Trump Tariffs"I don’t know why anybody’s surprised that he went ahead with tariffs," the former Trump advisor said Wednesday.
June 04, 2025
Republican Tax Bill Adds $2.4T to Deficits: CBOThe figure reflects a $3.67 trillion drop in expected revenues and a $1.25 trillion decline in spending through 2034.
June 04, 2025
Number of 401(k) Millionaires Drops Nearly 5%The market downturn in the first quarter substantially reduced that cohort on Fidelity’s platform.