Economy & Markets
The important economic and stock market news that advisors need to know.
IMF to Require Financial Check-Up for 25 Countries
By Marlene Y. SatterThe IMF on Monday announced that every five years it would require 25 countries to undergo in-depth exams to determine financial stability.
September 28, 2010
National Bank of Abu Dhabi Launches ‘Cautious Income Fund’On Wednesday, the National Bank of Abu Dhabi (NBAD) announced that it would launch the NADB Cautious Income Fund.
September 28, 2010
Mercer Study: Workers Optimistic About Economic GrowthWorkers with benefits from their employers are optimistic about the economy, but aren't so sure about their own financial futures, a recent survey found.
September 28, 2010
Striking Confidence Gap Between Advisors, Consumers in SeptemberA striking gap in confidence has opened between financial advisors and U.S. consumers, and economic data released Tuesday spells out how far that distance has grown over the last month.
September 28, 2010
Robert Collins Re-joins Wilmington TrustRobert Collins has re-joined Wilmington Trust's Wealth Advisory Services as director of tax-exempt fixed income management and senior portfolio manager.
September 28, 2010
S&P/Case-Shiller Index Showed Home Prices Fell 0.1% in JulyThe price of single-family homes dropped 0.1% in July following a 0.2% rise in June, according to the S&P/Case-Shiller home price indexes released Tuesday.
September 27, 2010
Federal NCUA Seizes 3 Corporate Credit UnionsThe National Credit Union Administration (NCUA), the independent federal agency that supervises federal credit unions, seized three corporate credit unions on Friday, as reported by Credit Union Times.
September 27, 2010
Bill Gates Pushing Washington State’s ‘Tax-the-Rich’ MeasureThe state of Washington, beset by budget cuts as are many states across the nation, is considering a radical step: an income tax on the rich.