Economy & Markets
The important economic and stock market news that advisors need to know.
Morgan Stanley to Pay $2M Over Sale of First Republic Shares
By Melanie WaddellThe firm failed to ensure the troubled bank's ex-CEO wasn't trading on inside information, says William Galvin.
September 05, 2024
Trump Vows 15% Corporate Tax, Taps Musk for Federal AuditBoth Trump and Harris are ramping up their economic messaging to court swing-state voters as well as business executives.
September 05, 2024
Here's How Big Social Security Cuts Could Be Without ReformsA research group has put a dollar amount on the expected reduction per couple if Congress doesn't act.
September 05, 2024
Self-Directed Retirement Account Balances Rose on Stock Rally: SchwabAdvised accounts had more assets and more balanced allocations than non-advised accounts.
September 05, 2024
10 Reasons Stocks Don't Go Up ForeverClients who are newer to investing might be blinded by recent history. Here's what to tell them.
September 04, 2024
Trump Tax Cuts Would Cost More Than Almost All Federal Agencies"Congress is not going to pass a $10 trillion deficit-financed tax cut," said a senior fellow with the American Enterprise Institute.
September 04, 2024
12 Best Cities for Retirement: 2024The personal finance website ranked 182 cities based on affordability, activities, quality of life and health care.
September 03, 2024
S&P 500 Sees Biggest Slide Since August MeltdownThe S&P 500 dropped 1.6%, with the gauge drifting down toward 5,550. The Nasdaq 100 slid 2.5%.