Economy & Markets
The important economic and stock market news that advisors need to know.
Fed Stays on Sidelines With Election Results Uncertain
By Christopher CondonIt kept the federal funds rate at 0-0.25% and made no change to monthly asset purchases.
November 04, 2020
What's Next for Stimulus, Markets as Election Remains UndecidedMarket strategists urge investors to focus on the long term as political analysts ponder the future of health care and stimulus measures.
November 03, 2020
8 States With Tax Questions on the BallotProposals included income tax hikes and legal marijuana could help states replenish coffers drained by the COVID crisis.
November 03, 2020
Jackson National Lays Off 150 WorkersThe layoffs are due to "economic conditions and a decline in industry sales," a company spokesperson said.
November 02, 2020
Yes, We Could Get Some Certainty on Election NightTwo key swing states could report the bulk of their vote counts, and if Trump loses them, it's likely over, BNY Mellon's deputy CIO says.
November 02, 2020
Gundlach: Huge Political, Economic Shakeup Is Coming"The outcomes that we've developed seem to not be satisfying people that greatly," the DoubleLine CEO says.
November 02, 2020
4 Things to Watch on Election Night: UBSTreasurys could sell off in a clearer Democratic victory, while the dollar may rally if Republicans are winning.
October 30, 2020
11 Scariest Retirement Statistics: 2020There's plenty of frightening data on retirement planning in the U.S., even before you consider COVID-19.