Economy & Markets
The important economic and stock market news that advisors need to know.
Top 12 States to Find the Wealthy Clients of the Future
By Michael S. FischerMany Americans under 25 are already well on their way to accumulating wealth. Here's where they live.
December 19, 2022
15 Financial Firms That Are Laying Off WorkersThe trend of surging headcounts in the industry appears to be reversing for now.
December 19, 2022
New Stock Market Low Coming in 2023: Morgan Stanley Strategist"Don't assume the market is pricing this kind of outcome until it actually happens," says Michael Wilson.
December 16, 2022
Younger Investors More Likely to Invest for Entertainment, Embrace Risk: FINRA SurveyConfusion about fees is widespread among investors of all ages, according to the survey.
December 16, 2022
'Twas the Friday Before ChristmasA client arrives the day before Christmas Eve. What could they need from their financial advisor?
December 16, 2022
Goldman Sachs May Cut Up to 4,000 JobsThe firm's headcount has surged in recent years as CEO David Solomon completed acquisitions to build a more diversified company.
December 15, 2022
Stocks Push Lower as Investors Digest Rate MovesThe S&P 500 dropped as much as 2.9% and the Nasdaq 100 fell as much as 3.7% Thursday afternoon.
December 15, 2022
15 Happiest Cities in AmericaMoney can't necessarily buy happiness, but there's definitely a correlation, according to SmartAsset.