Economy & Markets
The important economic and stock market news that advisors need to know.
15 Richest Americans in Sports: Forbes
By Michael S. FischerWhile playing pro sports can be lucrative, the big money is in franchise ownership.
November 21, 2023
BofA Sees S&P 500 Hitting Record 5,000The index is up 18% so far this year as confidence has risen that the Federal Reserve will soon stop its rate hikes.
November 21, 2023
How the Ramsey vs. 'Supernerds' 4% Spat Helps RetireesThe heated debate about "safe" spending in retirement shows how tough the process really is.
November 21, 2023
Fidelity International CEO Unexpectedly Steps DownFidelity International assets almost doubled during Anne Richards' tenure to $714.3 billion as of Sept. 30.
November 20, 2023
Jeremy Siegel: 2 Big Stock Risks to Watch in 2024Last week's positive inflation data doesn't guarantee a soft landing, the Wharton economist wrote.
November 20, 2023
7 New 401(k), IRA Stats for Q3: FidelityFidelity's latest analysis of its retirement account data yielded some surprising findings.
November 20, 2023
Citigroup Cuts Over 300 Senior Manager Roles in Latest RestructuringThe cuts are part of the bank's plan to shift from two core operating units to five key businesses, including wealth management.
November 20, 2023
S&P 500 Rally May Be at Risk After 9.6% Gain in 3 WeeksRick Bensignor, a former Morgan Stanley strategist, suggests trimming exposure by midweek if the gauge nears 4,560.