Economy & Markets
The important economic and stock market news that advisors need to know.
BlackRock Moves to Add Bitcoin Futures to 2 Funds
By Bernice NapachSEC filings say its Strategic Income Opportunities Portfolio and Global Allocation Fund can each invest in the cryptocurrency's futures.
January 19, 2021
SBA Approved 60,000 PPP Loans Since Jan. 11As of Tuesday, the PPP is open to all participating lenders.
January 19, 2021
Yellen Tells Lawmakers to 'Act Big' on Virus ReliefThe nominee for Treasury secretary and former Fed chair testified on the Hill in her confirmation hearing.
January 19, 2021
Fidelity Takes On Vanguard in TDF Space, Matching Its Lower MinimumsThe 95% cut in the minimum investment makes the low-cost shares available to more retirement fund sponsors and participants.
January 19, 2021
Merrill Sees Sharp Drop in New Clients as Asset Flows WeakenIts advisor headcount, too, is down from a year ago.
January 19, 2021
5 Considerations for 2021 Investment StrategyIn the "year of the vaccine," COVID-19 containment and Biden's policies will shape economic growth.
January 19, 2021
How the TD Ameritrade Deal Affected Schwab's Q4 EarningsSchwab beat estimates and RIA assets topped $3 trillion in its first quarterly report after the deal, which closed Oct. 6.
January 19, 2021
Cannex U.S. Income Annuity Quote Volume FallsThe decrease was bigger for annuitants ages 65 and older than for younger annuitants.