Economy & Markets
The important economic and stock market news that advisors need to know.
BofA CEO Says He’s ‘Not Going Anywhere’
By Katherine DohertyBrian Moynihan also said advancements in AI and automation help keep costs and headcount in check.
January 21, 2025
Stocks Buoyed by Trump’s AI Plans, Tariff UpdatesStocks climbed Tuesday on growing speculation that his policies will further boost Corporate America.
January 21, 2025
Schwab Earnings Top Estimates on Record InflowsTotal client assets were $10.1 trillion, after passing $10 trillion for the first time in November.
January 17, 2025
RIAs’ Market Optimism Ticks Up: SurveyYet 48% still see a moderate or high likelihood of recession within a year, Security Benefit found.
January 17, 2025
10 Quotes to Invest By, via Warren Buffett and H&R BlockRobert Bloch, son of the tax firm's co-founder, captures the successful approaches of the Berkshire Hathaway legend.
January 17, 2025
Ignore the Daily Trump Noise, Focus on the Long Term: TradersKeep cash on hand and pounce if he sets off short-lived market movements, they advise.
January 17, 2025
Goldman Gives CEO Solomon $80M to Stay Put, Hikes Pay 26%The retention awards for both him and President John Waldren entail no stock-performance metrics.
January 17, 2025
U.S. Bull Market in 7th Inning: Fidelity's TimmerTwo firm leaders say stocks could face more pressure this year; another sees an "intriguing" equities setup.