Economy & Markets
The important economic and stock market news that advisors need to know.
Stocks Inch Higher for the Day and Week; Consumer Confidence Drops, CPI Stays Flat
By Joyce HansonConsumer confidence fell in September even though consumer prices remained mostly flat in August, and that mixed data released Friday left stocks range-bound in typically lackluster trading.
September 17, 2010
Obama Names Elizabeth Warren to Head Consumer AgencyAlthough the news made headlines Thursday, the official announcement didn't come until Friday: Elizabeth Warren is the top cop at the new consumer financial protection bureau she originally proposed back in 2007, charged with setting it up and getting things rolling.
September 16, 2010
Dodd: Warren to Be Named Advisor of Consumer Agency, Not ChiefRepublicans up in arms over reports that Obama planned to appoint Elizabeth Warren CFPB head.
September 16, 2010
Stocks Close Mixed in Reponse to Dull Economic DataIf there were any surprises in the market on Thursday, it was only at how mildly tepid the economic news was. Stocks were mixed at market close, with the Dow up 22 points.
September 16, 2010
Geithner’s Tough Talk on Chinese Yuan DisappointsTreasury Secretary Geithner said the Obama administration will get tougher on China, suggesting that the United States' trading partner must curb its currency manipulation.
September 16, 2010
Dodd: Warren to Be Named Advisor of Consumer Agency, Not ChiefRepublicans up in arms over reports that Obama planned to appoint Elizabeth Warren CFPB head.
September 15, 2010
Economist and Strategist Both Say 'Double-Dip' Recession Not LikelyExpansion will be 'subpar;' rates stay low; are bond yields so low it's time to consider stocks?