Economy & Markets
The important economic and stock market news that advisors need to know.
Citi to Cut 20,000 Jobs
By Todd GillespieIn all, Citigroup's firmwide headcount is set to decline by 60,000 jobs to 180,000 by the end of 2026.
January 11, 2024
What Advisors Think of New Spot Bitcoin ETFsFinancial planners offer wide-ranging views on whether the cryptocurrency vehicles are right for clients.
January 11, 2024
Life Insurance Execs to Lead 2 Fed Regional BanksThe executives could talk about what very low interest rates do to retirement savers.
January 11, 2024
17 Good Funds for Long-Term Investors: MorningstarModest portfolio adjustments could be rewarding over the long term, Russell Kinnel writes.
January 10, 2024
Gundlach: 12 Predictions for Stocks, Bonds, Economy in 2024The DoubleLine CEO sees potential upheaval as new market trends emerge this year.
January 10, 2024
Wealth Tax Bill Gets Hearing in CaliforniaThe bill would tax residents' "worldwide net worth" of $50 million or more, with some exceptions.
January 09, 2024
BlackRock to Cut 3% of Workforce"We see our industry changing faster than at any time" since the firm's founding in 1988, CEO Larry Fink said.
January 09, 2024
What Wealthy Investors Want From Advisors: CerulliServices now outweigh personal relationship factors when it comes to adding high-net-worth clients, new research finds.