Economy & Markets
The important economic and stock market news that advisors need to know.
Goldman, Morgan Stanley Ask to Cancel Trades After $41B Flash Crash
By Sofia Horta e Costa , Bei Hu , Cathy Chan and Livia YapThose who sold lost $9 million in minutes, calculations show; Jardine Matheson briefly lost $41 billion of market value.
January 24, 2019
10 Worst Jobs of the FutureThese rankings represent jobs that pay little at present and are expected to shed positions in the future, according to Kiplinger.
January 24, 2019
Personal Financial Satisfaction Dips Due to Market Volatility: AICPAThis is only the fourth decline in the CPA group's satisfaction index since the third quarter of 2011.
January 24, 2019
Warren Presses Regulators on Shutdown ImpactMeanwhile, a hearing on the state of the IRS was canceled as Treasury Secretary Mnuchin refused to testify.
January 23, 2019
FINRA Delivered 'Unprecedented' Processing Volume in 2018FINRA says its "pioneering" cloud strategy allowed the regulator to handle the volume while maintaining vigorous oversight.
January 23, 2019
Investors Showed Major Risk Aversion in 2018The massive active-fund outflows in December were "striking," Morningstar's Kevin McDevitt told ThinkAdvisor.
January 23, 2019
White House Says US Could See Zero Growth in Q1If the government reopens, growth could rebound to "4 or 5%" in Q2, according to Council of Economic Advisers Chairman Kevin Hassett.
January 22, 2019
10 Best Jobs of the FutureKiplinger started with a list of 773 occupations and focused on projected growth rate and salary.