Economy & Markets
The important economic and stock market news that advisors need to know.
Powell Sees Higher Peak for Rates, Path to Slow Tempo of Hikes
By Jonnelle Marte, Catarina Saraiva and Steve MatthewsThe Fed's unanimous decision lifted the target for the benchmark federal funds rate to a range of 3.75% to 4%, its highest level since 2008.
November 02, 2022
Record Powerball Jackpots Are Teachable Moments for Pension ParticipantsPension participants (and lottery winners) have to carefully evaluate the pros and cons of a lump-sum offer.
November 02, 2022
Fed Hikes Again by 75 Basis Points, Hints at Entering End PhaseThe move will spur speculation that Fed Chair Jerome Powell and colleagues may slow the pace of rate increases at their December meeting.
November 02, 2022
10 Best Stocks to Buy Now: MorningstarThese companies have predictable cash flows and smart management teams, according to analysts.
November 01, 2022
Institutional Investors Not Backing Down on Digital Assets: SurveyThe fundamentals of digital assets remain strong despite recent market turmoil, Fidelity's Tom Jessop says.
November 01, 2022
The Key to Knowing When It's Time to QuitAdvisors can serve as "quitting coaches" to their clients, pro poker champ turned consultant Annie Duke tells ThinkAdvisor.
November 01, 2022
New I Bond Rate Set at 6.89%The Treasury Department sold about $3 billion in I bonds last week while the 9.62% rate remained in place.
October 31, 2022
Treasury Sold More I Bonds In October Than All of 2021Nearly $1 billion worth of I bonds were sold Friday alone amid a rush to buy before rates reset.