Economy & Markets
The important economic and stock market news that advisors need to know.
Growing Workforce? Shrinking Job Market? Fed Adviser Finds Silver Lining
By John SullivanYoud think a larger labor force with no jobs would be a problem. But in the long term it could be a good thing, according to a Fed policy adviser.
February 19, 2013
Obama Blasts ‘Meat Cleaver’ Cuts as Simpson, Bowles Release New PlanWith little time left until the $85 billion in sequestration cuts take effect, President Barack Obama urged lawmakers Tuesday to avert the brutal cuts.
February 17, 2013
Gold Is Political, Platinum Industrial, Diamonds Are ForeverPolitics and the economy are facets in the allure of the precious; investors beware.
February 15, 2013
What Do We Do as the Rich Get Richer?During the 2009-2011 economic recovery, the richest Americans captured all of the economys income gainsand then some, new research shows.
February 15, 2013
Why being a quitter is a good sign for the economyMore employees quit their jobs for a better one in December since the start of the Great Recession.
February 15, 2013
Financial Crisis’s Pricetag Could Top $10 Trillion: GAOLosses incurred by the financial crisis of 2007-'09 could exceed $10 trillion, and the effects could linger for years to come, according to a just-released report by the Government Accountability Office.
February 15, 2013
12 presidents’ big State of the Union ideas on economy"From time to time" the president must give to Congress a State of the Union. Here's a look back, from FDR to the second Bush.
February 14, 2013
Fed Fueling America’s Slide to Southern European FuturePrinting money is not inflationary, say the inflation hawks at Rob Arnetts Research Affiliates. But no, the firm is not suddenly going all wobbly on the Feds quantitative easing policy.