Economy & Markets
The important economic and stock market news that advisors need to know.
Most Businesses Expect Their Taxes to Go Up This Year: Survey
By Michael S. FischerAn accounting network polled tax execs at companies with revenues from $100 million to $3 billion.
February 26, 2020
Trump Reelection Could Hinge on Coronavirus: AnalystsIf the coronavirus spreads widely in the U.S., voters will assess whether Trump is an adequate "protector in chief," Ed Mills says.
February 26, 2020
Sustainable Investing Surges as Advisors Remain SkepticalMorningstar reports on the progress of ESG investing; Practical Perspectives finds advisors wary.
February 25, 2020
FINRA Arbitrator Orders Santander to Pay Elderly Widow $50KThe firm made unsuitable, risky investments in Puerto Rican bonds on behalf of a 90-year-old woman, an arbitrator said.
February 25, 2020
Schwab to Buy $10.5B RIA Focused on Fixed IncomeSchwab says the deal with Wasmer, Schroeder & Co. will complement its fixed income offerings and expand its SMAs.
February 25, 2020
Warren Buffett's Top 10 Holdings in Financial ServicesThe Oracle of Omaha's holding company, Berkshire Hathaway, shares a breakdown of its portfolio.
February 25, 2020
JPMorgan to Stop Financing Arctic Drilling, Coal MiningIts asset management division is also prioritizing policies to address climate change.
February 24, 2020
13 Best & Worst Broker-Dealers: Q4 Earnings, 2019Wirehouse, independent and other broker-dealers reported sharply divergent results in the latest period.