Economy & Markets
The important economic and stock market news that advisors need to know.
12 Best States for Military Retirees: 2019
By Michael S. FischerWalletHub ranked the states based on economy, health care and quality of life.
May 30, 2019
LPL Cuts ETF Fees for RIAsTransaction costs for State Street, Invesco and WisdomTree ETFs will drop to $4.95 in the second half of the year.
May 29, 2019
Citi, JPMorgan Warn of Q2 SlumpJamie Dimon said his firm's trading revenue fell 4% to 5% during the first two months of the second quarter.
May 29, 2019
Direct-Sold 529 Plans Coming to Advisor Market: MorningstarThese plans, which have lower fees than advisor-sold 529 plans, are becoming more available as advisors shift away from commissions.
May 29, 2019
13 Best & Worst Broker-Dealers: Q1 Earnings, 2019Financial companies reported results that, generally speaking, were better than expected, thanks to strong recruiting and other activities.
May 29, 2019
5 States Where the 'Haves' Have the MostThese are the states with the most extreme income inequality stats.
May 28, 2019
Allianz's El-Erian to Head College at Cambridge UniversityThe economist and author -- who coined the phrase 'new normal' during the financial crisis -- will take up the position in October 2020.
May 28, 2019
2 Execs at New York Fed to LeaveThe departures involve managers with close to 50 years of combined experience and come at a delicate time, as the central bank finishes shrinking its balance sheet.