Economy & Markets
The important economic and stock market news that advisors need to know.
Social Security COLA Estimate Set at 8.6% for 2023 as Inflation Rises in May
By Ginger SzalaCPI rises to 8.6% over past 12 months, the largest since December 1981. Gasoline up 4.1% from April to May.
June 09, 2022
How the Metaverse Can Boost Company Loyalty Amid the Great ResignationThe metaverse offers the ability to bring employees together virtually in the same space to create a stronger team and company culture.
June 08, 2022
Ark's Cathie Wood Sees Huge Inventories as Evidence Inflation Will Ebb"I've never seen inventory surges like this in my career and I've been around for a long time," the ARKK manager says.
June 08, 2022
SEC Chief Takes Aim at Payment for Order Flow in Sweeping Plans for Stock MarketsThe plan would be the agency's most direct response to 2021's trading in GameStop and other meme stocks.
June 08, 2022
Headwinds for High Earners Are About to Get WorseIn a recent survey, a third of people earning more than $250,000 a year reported living paycheck to paycheck. And expenses are climbing.
June 08, 2022
12 Best Cities to Raise a Family: 2022A real estate site analyzed factors like the cost of goods and child care and quality of education.
June 08, 2022
SEC Weighs Sending Retail Stock Orders to Auctions for ExecutionThe SEC is attempting to rein in payment for order flow.
June 08, 2022
Beware of a Bear Market That Is More Than a CubYour younger clients might never have experienced an extended bear market. They could be in for a surprise.