Economy & Markets
The important economic and stock market news that advisors need to know.
DOL's ESG Proposal Blasted in Public Comments
By Bernice NapachSome 1,100 critiques from asset managers, sustainable investment advocates and others focused on five key areas.
August 06, 2020
Trump Says He May Sign Unemployment Benefits Order on FridayThe president spoke to reporters before leaving on Ohio trip; Pelosi said talks on virus relief package are making progress.
August 05, 2020
Peter Mallouk Tells 'The Mooch' Why Private Equity Loves RIAsThe Creative Planning CEO talked to SkyBridge Capital's Anthony Scaramucci about the outlook for indie advisors and reacting to the pandemic.
August 05, 2020
Advising Doctors and Dentists: 6 Things Advisors Should KnowNorthwestern Mutual polled advisors about the needs and priorities of these high-earning clients.
August 05, 2020
Sen. McConnell Sends Mixed Signals on $600 Jobless PaymentsHe called a full extension "unfair" and "bad economics" Wednesday after signaling Tuesday that he might accept that provision.
August 04, 2020
Older Americans Coping Better With Pandemic Than Younger Ones: Age WaveOlder people "show more resilience and emotional intelligence and fortitude than any other generation," Age Wave's Ken Dychtwald says.
August 04, 2020
13 Best & Worst Broker-Dealers: Q2 Earnings, 2020The wirehouses, with parent firms increasing loan-loss provisions, have close to 53,000 total advisors and $8.4 trillion of assets.
August 04, 2020
Trump Executive Order Threats Could Spur Stimulus Deal: ValliereLawmakers could reach a deal by Friday, strategist Greg Valliere says.