Economy & Markets
The important economic and stock market news that advisors need to know.
Fed Chairman Signals Openness to Cutting Rates
By Matthew Boesler and Christopher CondonHe said the Fed was "closely monitoring the implications" of "trade negotiations and other matters" for the U.S. economic outlook.
June 03, 2019
A Timeline of the Contentious Fiduciary RulesThe SEC's Regulation Best Interest was born out of a years-long struggle to regulate brokers as fiduciaries.
June 03, 2019
11 Best States for JobsAs college grads head to work, WalletHub highlights states with short commutes and plentiful career opportunities.
June 03, 2019
How Sen. Warren's Student Debt Cancellation Plan Would Affect First-Time HomebuyersAspiring homebuyers would get 3-year leg up on saving for a full down payment, a Redfin analysis shows.
June 03, 2019
Treasuries Are on Biggest Rally Since 2008Investors see the Fed cutting borrowing costs to contain the fallout from trade tensions.
May 31, 2019
Fed Watchers Now See Rate Cuts This Year as Tariffs Hit EconomyJPMorgan's chief U.S. economist said the Federal Reserve "may well need to cut by much more than 50 basis points'' if the tariffs on Mexico are raised to 25%.
May 31, 2019
Deutsche Bank, UBS Briefly Explored MergerA combination of the two companies would have create a banking powerhouse with nearly $2.6 trillion of total assets, approaching the size of JPMorgan Chase.
May 31, 2019
FINRA Seeks Comments on Corporate Bond Block Trades, Deposit AccountsThe deposit account proposal, aimed at firms with high-risk brokers, has already drawn negative feedback.