Economy & Markets
The important economic and stock market news that advisors need to know.
Schwab, Fidelity, TD, Vanguard Trading Sites Faced Outages as Stocks Plunged
By Janet Levaux | Katie RassInvestors reacting to the market rout reported login problems this morning on several major brokerage sites.
August 02, 2024
JPMorgan, Citi Predict Two Supersized Fed Cuts This YearFed policymakers met earlier this week and signaled a start to lower borrowing costs as soon as September.
August 02, 2024
S&P 500 Is Set for Worst Jobs Day in Two Years"The big question is are we sliding right into a recession?" said Ryan Detrick at Carson Group.
August 02, 2024
12 Worst States for Student Loan Debt: 2024College loans now total $1.6 trillion, with each of the nation's 42.8 million borrowers owing nearly $38,000 on average.
August 01, 2024
Stocks Sink as Economic Jitters Fuel Rush to BondsThe S&P 500 dropped 2%. The Nasdaq 100 sank 3%. The Russell 2000 of small caps tumbled 3.5%.
August 01, 2024
15 Best Value Private Colleges: Princeton Review, 2024The rankings take into account academics, costs, student debt, career services and graduation rates.
August 01, 2024
Trump Vows to Cut Taxes on Social Security in Bid to Woo SeniorsSuch a move would cut levies for some elderly Americans but could further strain benefits for pre-retirees.
July 31, 2024
8 Ways the Advice and Investing Worlds Are Changing NowTCW CEO Katie Koch and Hightower CEO Bob Oros point to rising client expectations and RIA growth, for instance.