Economy & Markets
The important economic and stock market news that advisors need to know.
12 States With High Household Wealth
By Michael S. FischerSmartAsset ran the Census numbers on home equity, retirement savings, cash on hand and other sources.
February 07, 2025
Debate: Does the U.S. Benefit From Trump’s Tariffs?If tariffs on Canada and Mexico become effective, a 25% levy will be imposed on virtually any product from these countries.
February 06, 2025
How 7 Advisors Are Easing Clients' Tariff Worries: Advisors’ AdviceClients watching recent market gyrations may be wondering how to protect their portfolios from whiplash.
February 06, 2025
Prudential Sees Interest Rate Winds Hurting MYGAs, Helping RILAsCaroline Feeney, the head of the U.S. businesses, expects sales of favored products to be strong.
February 05, 2025
Pimco’s Ivascyn Embraces Trump-Driven Bond Market VolatilityHis approach has helped the Income Fund rally in the past three months, beating 96% of rivals.
February 05, 2025
10 Best Stocks to Buy Now: MorningstarThese companies have predictable cash flows and a history of making smart capital-allocation decisions, analysts say.
February 05, 2025
Apollo Raises Record From Private Wealth as Credit GrowsWealthy clients helped the firm attract $100 billion of assets to its credit products last year.
February 04, 2025
Franklin Resources Cuts 3% of WorkforceThe $1.6 trillion money manager is consolidating operations after clients of its Western Asset unit redeemed $120 billion.