Economy & Markets
The important economic and stock market news that advisors need to know.
Los Angeles Mega-Mansion Sells for $141M at Auction
By John GittelsohnThe 21-bedroom, 49-bath Bel Air hilltop estate — dubbed "The One" — had a list price of $295 million.
March 04, 2022
Credit Suisse, UBS Wealth Clients Face Margin Calls on Russian AssetsSwiss banks are asking rich clients to post more collateral after cutting lending values on Russian securities, say people familiar with the matter.
March 03, 2022
15 Hardest-Working Cities in America: 2022WalletHub analyzed factors like length of workweek, unused vacation time and the share of workers with multiple jobs.
March 03, 2022
10 Best Robo-Advisors: Q4 2021Backend Benchmarking's ranking includes both qualitative factors and performance metrics.
March 03, 2022
Female Investors Become More Proactive in Financial PlanningCOVID-19 has significantly influenced how women viewed their finances, a Nationwide Retirement Institute study found.
March 03, 2022
What Russia-Ukraine War Means for Investors and AdvisorsMarket volatility tends to damage forced sellers most, so investors should resist the impulse to trade.
March 03, 2022
15 Growth Stocks That Are Cheap Now: MorningstarThese stocks surged during the pandemic but are undervalued due to recent market volatility, according to analysts.
March 03, 2022
Wall Street Fund Giants Face Headache as Indexes Dump RussiaA Direxion leveraged ETF will shut, while others from the likes of BlackRock and DWS Investment are blocking new cash from entering.