Economy & Markets
The important economic and stock market news that advisors need to know.
Record Grant-Making at Fidelity Charitable, National Philanthropic Trust
By Michael S. FischerLast year, Fidelity Charitable made some 1.3 million donor-recommended grants, totaling more than $5.2 billion.
February 15, 2019
Deere's CEO Calls Out Tariffs, Trade as Profit DisappointsFarmer malaise due to trade wars has them running away from Deere.
February 15, 2019
Sales Practice Risk in the Digital Era, Part 1: Where We Are, Where We're GoingAdvisors must stay abreast of the evolving risks and requirements associated with selling practices, particularly those involving technology.
February 15, 2019
Execs Face Up to 5 Years in Prison for Lying to SEC: EnforcementMeanwhile, the SEC canceled the registration of an internet-based RIA who failed for three years to launch a website.
February 15, 2019
SEC Extends Comment Period on VA Summary Prospectus PlanA consumer advocate urges regulators to be "bold" in educating consumers on these "complex and potentially harmful" products.
February 15, 2019
JPMorgan to Use Digital Coin to Accelerate Corporate PaymentsThe biggest U.S. bank said it developed a prototype digital coin based on blockchain technology.
February 14, 2019
4 Keys to Portfolio Success in a Low-Return WorldA portfolio strategist at BlackRock outlined how lower returns over the next 10 years will require a disciplined process.
February 14, 2019
ESG Funds Outperform in Growth and Returns in 2018: MorningstarThe number of ESG funds grew by 50%, while money gushed in.