Economy & Markets
The important economic and stock market news that advisors need to know.
Social Security COLA for 2021 Could Be Zero: Report
By Janet LevauxThis comes after a 2020 increase that was "low to begin with," says an analyst with the Senior Citizens League.
May 22, 2020
JPMorgan Rolls Out New Active ETFs : Portfolio ProductsMeanwhile, State Street is set to close and liquidate the SPDR S&P Technology Hardware and SPDR S&P 500 Buyback ETFs.
May 22, 2020
SEC Moves Closer to Requiring ESG Disclosures for Public Companies"ESG is no longer a fringe concept," says a subcommittee report, and is "an integral part of the larger investment ecosystem."
May 22, 2020
Morgan Stanley Sees Just Half of Staff in Offices by Year-EndCEO James Gorman also discusses diversity, management pay cuts and business in China at virtual shareholder meeting.
May 22, 2020
Powell's Problem? 'He Can't Print Jobs,' Says Fed WatcherDanielle DiMartino Booth shares her outlook on short-term unemployment and also November's elections.
May 21, 2020
CARES Act 'Retail Glitch' Fix: Claiming the Bonus DepreciationThis relief helps restaurants and retailers, some of the businesses hardest hit by the COVID-19 pandemic.
May 21, 2020
Fund Managers Fear Second Coronavirus Wave: BofA SurveyFund managers' cash allocation remains high, the monthly survey finds.
May 21, 2020
ESG-Focused Funds Are Outperforming During PandemicAn S&P Global report also explains how the pandemic is increasing demand for these funds.