Economy & Markets
The important economic and stock market news that advisors need to know.
Fidelity Sued Over Money Market Fund Fees
By Dinah Wisenberg Brin"Retail class" shareholders who meet requirements for premium shares are being overcharged needlessly, the suit contends.
October 30, 2024
Capital Group, KKR Partner to Debut Funds for Wealthy InvestorsTheir two funds will be sold through financial advisors and will allocate about 60% of assets to public credit and 40% to private credit.
October 30, 2024
2 Advisors Launched Red, Blue ETFs. Here's What Happened.The idea of aligning financial goals with personal values has been around for centuries. But politically themed funds have struggled.
October 30, 2024
Schwab Expands 24-Hour TradingStocks in the S&P 500, Nasdaq-100 and hundreds of ETFs will be available around the clock on weekdays.
October 29, 2024
15 States Where the Most Estate Taxes Were Paid in 2022More than 8,000 individuals filed estate tax returns, with gross estates totaling $259.6 billion, according to newly released data.
October 29, 2024
BlackRock to Launch 4 Laddered Bond ETFsThe funds of funds contain Treasurys, TIPS and investment-grade and high-yield bonds.
October 29, 2024
13 Scary Retirement Statistics to Read in the Dark: 2024Many late-career Americans are grappling with a frightening lack of post-work preparedness.
October 28, 2024
NYSE to Extend Trading to 22 Hours a Day on Arca ExchangeThe move, subject to regulatory approval, would permit stock and fund trading beyond the normal 9:30 a.m. to 4 p.m. window.