Economy & Markets
The important economic and stock market news that advisors need to know.
Fed Cuts Rates; Powell Says He Wouldn't Resign If Asked By Trump
By Craig TorresFederal Reserve Chair Jerome Powell said removal or demotion of any Fed board leader is "not permitted under the law."
November 06, 2024
What Clients Changing Jobs Should Know About Their 401(k)These clients have a decision to make on whether, and where, to move their retirement savings.
November 06, 2024
S&P 500, Bitcoin Hit Peak as Trump to Retake White HouseThe market is more focused on the positive aspects of Trump's agenda with less concern on tariff impacts and wider policy outcomes.
November 06, 2024
El-Erian: Election Means 'New Power Structure' in U.S."The markets are reacting in an incredibly rational fashion," Allianz's chief economic advisor says.
November 06, 2024
How 8 State Tax Ballot Questions Did in the PollsVoters made decisions on property, sales income and capital gains taxes.
November 06, 2024
Trump Win Boosts Insurers, Ratchets Up Expectations for DealsThe new administration is likely to pull back on Biden-era measures affecting health insurers, drug prices and public-health leadership.
November 06, 2024
12 Most Livable Midsize U.S. Cities: 2024AARP looked at areas with a population of between 25,000 and 99,999 individuals, including some near the water.
November 06, 2024
Trump Has Proposed Nearly $8 Trillion in Tax Cuts. What Happens Now?Trump will now have to offer details of all the cuts he floated in recent months, says Greg Valliere.