Economy & Markets
The important economic and stock market news that advisors need to know.
Stocks Roar to Cap Longest Weekly Rally This Year
By Rita NazarethThe S&P 500 notched its fourth straight week of gains -- the longest winning run since November.
August 12, 2022
12 States High Earners Are FleeingNot surprisingly, the states with the biggest net losses of high-income households are traditionally viewed as high-tax states.
August 12, 2022
3 Ways to Help Portfolios Get Ready for a Recession: BenzWith a looming slowdown, advisors could consider trimming some investment positions and expanding others, Morningstar's Chrstine Benz says.
August 12, 2022
What Democrats, Republicans Think of 12 Parts of the Inflation Reduction ActPublic policy researchers found much common ground in the legislation among Americans across the political spectrum.
August 11, 2022
Lawmaker Introduces Bill to Stop SEC's ESG PlanRep. French Hill's bill states that the SEC "may not" finalize its planned "Enhancement and Standardization of Climate-Related Disclosures."
August 11, 2022
12 States High Earners Are Flocking ToThese states saw the greatest influx of high-income earners in 2020, according to a SmartAsset analysis.
August 11, 2022
Robinhood Must Face Market Manipulation Claims Over Meme TradingA Miami judge dismissed some allegations against the platform, but is allowing others in a class-action lawsuit to move forward.
August 11, 2022
Jeremy Siegel: Fed Should Moderate Rate HikesThe Wharton professor says "I would go 50 [basis points] and then two 25s at this particular point, to complete market expectations."