Economy & Markets
The important economic and stock market news that advisors need to know.
Fed President Hoenig Eyes Return of Glass-Steagall
By Kate McBrideA return of Glass-Steagall separation of banks from more risky brokerage businesses would 'restore the integrity of the financial system.'
December 01, 2010
Wealth Without BordersBrazil's growth boom has earned the country a permanent place among those nations considered most important to the global economy.
December 01, 2010
LPL Financial’s Kleintop Says Beige Book Economic Outlook BrighterThe Beige Book economic report, a compilation of the 12 Federal Reserve districts, indicated Wednesday that the economy continued to improve.
December 01, 2010
T. Rowe Price Economist Alan Levenson’s Outlook on Taxes, QE, EuropeTaxes and the U.S. deficit, China, QE II and the crisis in Euroland were some of the topics that T. Rowe Price Vice President and Chief Economist Alan Levenson touched on at a breakfast for the news media in New York on Wednesday.
December 01, 2010
Humana to Offer Retirement Solutions From Lincoln FinancialLincoln Financial Group and Humana Inc. announced Wednesday that they were partnering to allow Humana agents to sell Lincoln fixed index annuities.
December 01, 2010
Dollar Weakens After Month of Strong GainsVolker says the U.S. currency faces an uncertain future.
December 01, 2010
Strong Portugal Bond Sale Fuels Europe Market SurgeEuropean markets soared as Portuguese bonds made a strong showing at Wednesday's sale, despite euro zone concerns for the nation's financial stability.
December 01, 2010
ISM Manufacturing Report for November Shows 16th Month of GrowthU.S. manufacturing grew in November for the 16th consecutive month, the Institute for Supply Management (ISM) reported Wednesday.