Economy & Markets
The important economic and stock market news that advisors need to know.
Active ETFs Saw Record Launches and Closures in 2025
By Dinah Wisenberg BrinNiche strategies led the roughly 40% increase in the introduction of such funds, Morningstar reports.
January 28, 2026
Fed Holds Rates Steady, Notes 'Stabilization' in Jobless RateThe FOMC voted 10-2 Wednesday to hold the benchmark rate in a range of 3.5% - 3.75%.
January 28, 2026
10 Most Neighborly American Cities: 2026These metro areas have high rates of volunteerism, social and economic connectedness, Redfin finds.
January 28, 2026
Shutdown Threatens to Hit IRS as Trump Touts Massive Tax RefundsIts annual funding runs out after midnight Friday, when employees would be furloughed or required to work without pay.
January 28, 2026
Mamdani Pushes for Tax Hikes on Wealthy New Yorkers to Fill Budget GapThe new mayor campaigned on raising income tax rates by 2 percentage points on those earning over $1 million a year.
January 27, 2026
Billionaire Tom Steyer Says He'd Vote for California Wealth TaxThe candidate for governor said he'd vote for the one-time 5% tax on billionaire wealth if it reaches the November ballot.
January 27, 2026
Fidelity Contrafund Legend Danoff to Retire After 10,500% RunHe was mentored by storied Fidelity stock-picker Peter Lynch, after joining Fidelity in 1986.
January 26, 2026
5 New Annuity Updates With Something SpecialThese contracts offer new ideas for adding a little spark to a cold, gray winter day.