Economy & Markets
The important economic and stock market news that advisors need to know.
20 Richest Women in the U.S.: Forbes, 2024
By Michael S. FischerIn all, 67 women appear on the latest Forbes 400 list of America's wealthiest people.
October 15, 2024
BofA-Merrill Nears $6T in Assets Across Banking, Wealth ManagementExecutives on a quarterly earnings call cited strong momentum across all three business lines.
October 14, 2024
11 Most Expensive ZIP Codes: 2024The median home in these neighborhoods sells for $4.3 million or more, according to PropertyShark.
October 11, 2024
Biden Sees Hurricane Milton Damage at $50BAbout 2.2 million customers are without power across the state of Florida as of Friday afternoon, according to PowerOutage.us.
October 11, 2024
Falling Rates Aren't as Bad as Feared for Wells Fargo, JPMorganThe banks' shares rose after they reported quarterly earnings that included upbeat results in investment banking and capital markets.
October 11, 2024
4 Keys to Succession PlanningThe financial advice industry remains largely unprepared for exits, planned or otherwise.
October 10, 2024
12 Least Affordable Metro Areas for Real Estate: 2024In one of these metros, the typical home costs 10 times the median income, according to Clever Real Estate.
October 10, 2024
Social Security's 2025 COLA Helps, but Seniors Still Face Cost-of-Living CrisisOne analyst observes that the 2.5% monthly benefit increase, while welcome, won't even cover a week of groceries.