Economy & Markets
The important economic and stock market news that advisors need to know.
Possible Data Breach Affected Some COVID-19 Loan Applicants: SBA
By Janet LevauxThe private data of nearly 8,000 small-business applicants may have been exposed to others, the agency stated.
April 21, 2020
Fidelity Launches Thematic Funds With Time-Based Fee DiscountsThe discounts grow over time and are available for investors who hold the funds for at least one year.
April 21, 2020
Millennial Investors Show Their Faith in Stocks: Q1 AnalysisNew self-directed and robo-advised accounts by investors of all ages soared, Apex Clearing reported.
April 21, 2020
Trump Signals Deal on New Small-Business StimulusMeanwhile, lawmakers floated a bill to classify pandemic-affected small businesses for opportunity zone tax treatment.
April 21, 2020
Jeremy Siegel Says Reopening Hinges on More TestingThe Wharton professor also weighed in on the price of oil tumbling below zero.
April 21, 2020
6 Ways to Protect Older Clients' Portfolios in Weak MarketsWhile many younger clients can wait it out, retirees may need to act, Morningstar's Christine Benz says.
April 20, 2020
U.S. Oil Prices Drop Below Zero, Spooking StocksThe decline was linked to the May futures contract, which expires tomorrow, forcing sellers to find buyers.
April 20, 2020
Economic and Market Recoveries Are a Long Way Off: EconomistsBoth depend on effective treatments and a vaccine for COVID-19, J.P. Morgan's David Kelly and others say.