Economy & Markets
The important economic and stock market news that advisors need to know.
15 States Where Wages Grow Fastest
By Michael S. FischerThere's a 36-percentage-point difference in wage growth between the state at the top of the list and the one at the bottom, according to Approve.com.
November 03, 2021
15 Best Cities for Veterans to Live: 2021Some 19 million military veterans live in the U.S., and many face hurdles when they reenter civilian life, WalletHub notes.
November 02, 2021
Goldman Sachs: Fed's First Rate Hike Expected in July 2022Its economists' latest forecast moves up their expectation for a rate increase by a full year due to rising inflation.
November 02, 2021
Elon Musk Is Now 3 Times Richer Than Warren BuffettThe Tesla founder's net worth grew by $24 billion to $335 billion Monday as the electric carmaker's shares rose 8.5%.
November 01, 2021
10 Worst-Case Scenarios for the Global Economy in 2022These scenarios could derail the post-pandemic recovery worldwide, the Economist Intelligence Unit says.
November 01, 2021
Manchin Slams Brakes on Biden Plan, Chides ProgressivesBut another Democratic senator says Manchin's remarks don't substantially change the timeline for the $1.75T bill.
November 01, 2021
Social Media Star Kyla Scanlon Is Making Finance FunScanlon, 24, tells ThinkAdvisor why she quit American Funds, thinks memes beat fundamentals and finds monetary policy "fascinating."
October 29, 2021
12 Best & Worst Broker-Dealers: Q3 Earnings, 2021Eleven out of 12 BDs reported higher earnings than a year ago, when some reported unusual one-time items.