Economy & Markets
The important economic and stock market news that advisors need to know.
U.S. Long-Term Care Insurance Users Average $1.4M in Household Wealth: Study
By Allison BellEconomists drew on market data to calculate the value of informal care for those 65 and older.
November 22, 2023
15 Richest Americans in Sports: ForbesWhile playing pro sports can be lucrative, the big money is in franchise ownership.
November 22, 2023
RMDs, Venmo Reporting and Other Tax Issues to Watch Now: Jeff LevineThe coming year or two will undoubtedly be a "tax crunch time," warns the self-professed "planning nerd."
November 21, 2023
Here's How Much Money People Think They Need to Be Happy: SurveyPeople with a detailed financial plan reported higher levels of money-related happiness.
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.