Economy & Markets
The important economic and stock market news that advisors need to know.
Nancy Prior to Head Fidelity Fixed Income
By Janet LevauxShe'll report to Charlie Morrison, the new head of the $1.9 billion asset management group.
March 07, 2014
Boeing will freeze 68,000 nonunion workers’ pensions by 2016The worlds largest planemaker will freeze pensions as it works to cut costs.
March 06, 2014
Roubini: How I’d Invest $1 Million Right NowNouriel Roubini, known as Dr. Doom since he predicted the financial crisis, tells Bloomberg TV that he feels Dr. Realist is a better fit.
March 06, 2014
DFA Beats Bogle, Grantham—They All Beat Buffett: AnalysisDFA proponent Eric Nelson weighs the strategies of Warren Buffett, Jeremy Grantham and John Bogle and finds their returns wanting compared with DFA's investing approach.
March 05, 2014
Charting the New 3.8% Investment Tax WatersThe experts at Tax Facts on the new investment tax, part of the Affordable Care Act, that took effect for the 2013 tax year.
March 05, 2014
Deleveraging will continue to weigh on growthThe fiscal outlook is highly uncertain, with persistent gridlock in the U.S. and the midterm elections approaching.
March 05, 2014
Deleveraging will continue to weigh on growthThe fiscal outlook is highly uncertain, with persistent gridlock in the U.S. and the midterm elections approaching.
March 05, 2014
Should California Split Up to Save Itself?Economist Bill Watkins calls a new ballot initiative to divide California into six states economically unviable, yet worries about the viability of the existing state.