Economy & Markets
The important economic and stock market news that advisors need to know.
The Biggest News of 2020, and How It Changed Everything
By Janet Levaux | Chris NichollsA look at COVID-19, responses to it and how these developments rippled across the financial markets, government and other sectors.
December 16, 2020
David Blanchett's 6 Predictions for Retirement Planning in 2021After a doozy of a year, here's what a "new normal" might look like on the retirement income front.
December 16, 2020
Ameriprise, Others Eyeing Wells Fargo Asset ManagementThe asset management division could fetch more than $3 billion, people familiar with the matter said.
December 15, 2020
Vanguard Total Stock Market Index Fund Becomes World's Only Trillion-Dollar Stock FundAssets of the fund, which has both a mutual fund and an ETF share class, reached $1.035 trillion as of Nov. 30.
December 15, 2020
BlackRock, Morningstar Broaden Style Indexes for U.S. StocksWhen Morningstar enhances its equity style indexes, BlackRock's iShares ETFs based on Morningstar indexes will follow.
December 15, 2020
Gundlach to Co-Manage New FundThe DoubleLine Multi-Asset Trend Fund will seek to match the performance of the BNP Paribas Multi-Asset Trend Index.
December 15, 2020
Buffett: Small Businesses Are Facing 'Economic War'The Oracle of Omaha says the nation "owes it" to millions of small businesses to renew the PPP and "get us to the end of the tunnel."
December 14, 2020
Senators Unveil $908B Stimulus PackagePlan includes $748 billion in non-retroactive jobless benefits and a second round of Paycheck Protection Program loans for small businesses.