Economy & Markets
The important economic and stock market news that advisors need to know.
GOP Stimulus Bill to Include $1,200 Checks, No Payroll Tax Cut: Mnuchin
By Melanie WaddellMnuchin also tells CNBC that there's "a lot of bipartisan support" for extending the Paycheck Protection Program.
July 21, 2020
Hightower's Stephanie Link: Work Hard and Don't Burn BridgesThe RIA's new chief investment strategist, a CNBC regular, tells ThinkAdvisor about working her way up from the Dean Witter trading floor.
July 21, 2020
5 Things Congress' Own Retirement Analysts Are Saying About AnnuitiesOne of the CRS analysts' ideas: Make retirement plan participants decide about annuitization early.
July 21, 2020
Judy Shelton Moves a Big Step Closer to Joining Fed BoardA Senate Banking panel voted in favor of the economist, who has questioned the Fed's authority.
July 21, 2020
UBS to Pay Over $10M for Muni ViolationsThe firm circumvented the priority given to retail investors in certain municipal bond offerings, SEC claims.
July 21, 2020
Biden's $775B 'Caring Economy' Plan to Be Funded by Real Estate TaxesThe Democratic program would bolster care for children and seniors, and it would target "like-kind" real estate exchanges.
July 20, 2020
Pershing Taps Former Goldman Sachs Exec as COOEmily Schlosser replaces Jim Crowley as compliance chief a year after the former CCO was tapped to lead the BNY Mellon business.
July 20, 2020
Stimulus Alone Can't Save Economy: J.P. Morgan's KellyAdding more federal stimulus is like "pumping air into a leaky tire," he says.