Economy & Markets
The important economic and stock market news that advisors need to know.
Social Media Star Kyla Scanlon Is Making Finance Fun
By Jane Wollman RusoffScanlon, 24, tells ThinkAdvisor why she quit American Funds, thinks memes beat fundamentals and finds monetary policy "fascinating."
October 28, 2021
Robust Demand Is Keeping Stocks Strong, Despite NaysayersThe economy is stronger than many strategists think with growth opportunities in key cyclical and reopened sectors.
October 28, 2021
Blockchange, Morningstar Team Up on Crypto: Tech RoundupAlso, Envestnet invested in YieldX, while Addepar acquired AdvisorPeak.
October 28, 2021
Social Security Whiz Marcia Mantell Cheers Provisions for Widows, Caregivers in New BillRep. John Larson's new bill has added new, important measures that are much needed, says the retirement expert.
October 28, 2021
T. Rowe Price to Buy Debt-Investment Firm for $4.2BThe fund firm has agreed to acquire Oak Hill Advisors to expand into private debt investing.
October 28, 2021
Biden Unveils Revamped Tax, Spending Plan With New Taxes on MillionairesThe $1.75 trillion package includes additional tax on incomes above $10 million.
October 27, 2021
Tax-Loss Harvesting: 5 Keys to Doing It Right for Each ClientTax-loss harvesting is not a one-size-fits-all proposition, says Joel Dickson, head of enterprise advice methodology at Vanguard.
October 26, 2021
Millennials With Stockpiles of Cash Are Looking for Advice: New York LifeA drop in daily expenses during the pandemic gave many millennials and Gen Zers a chance to build a nest egg.