Economy & Markets
The important economic and stock market news that advisors need to know.
Ritholtz CEO Brown Sells 25% of Nvidia Stake, Taking Profits
By Dinah Wisenberg BrinBrown decided to "take something off the table because man, this is one for the ages," he said.
May 30, 2023
12 Things to Know About Gen Z InvestorsInvestors 18 to 25 are "reshaping investment practices, products and platforms," says Paul Andrews of the CFA Institute.
May 30, 2023
Goldman Planning Another Round of Job CutsThe move comes a few months after the bank had one of its biggest rounds of job cuts ever: 3,200 positions were trimmed in January.
May 30, 2023
What Cuts Are in the Biden-McCarthy Debt Limit Deal?Here's what could happen to programs like Social Security and Medicare, IRS enforcement and payments on student loans.
May 28, 2023
Biden, McCarthy Forge Debt Deal in Bid to Avert DefaultThe deal would clawback funding for IRS agents and speed up some energy project environmental reviews, according to a GOP summary.
May 26, 2023
Stock Rally Looks Shaky; Take Gains Now: UBS' McCartneyThe market is pricing in an exceedingly rosy future, the UBS private wealth managing director said.
May 26, 2023
15 Fun Events to Wow Clients and ProspectsClients can't resist a unique (and free) event, and they'll bring their friends.
May 26, 2023
Wellington Cuts 5% of WorkforceThe news comes four months after industry giant BlackRock said it would trim 500 jobs, representing about 2.5% of its workforce.