Economy & Markets
The important economic and stock market news that advisors need to know.
Top 10 Least Tax-Friendly States in US: 2018
By Marlene SatterFrom property to inheritance to booze, there's no shortage of opportunities for states to levy taxes, Kiplinger reports.
October 24, 2018
Stock Selloff Erases All of This Year's GainsThe Nasdaq, which is still in positive territory for the year, plunged 4.4% on Wednesday, its biggest single-day slide since August 2011.
October 24, 2018
Top 15 Most Expensive States for Long-Term Care: 2018The cost of various types of care has risen as much as 67% nationally in the last decade, Genworth reports.
October 24, 2018
`Alexa, Buy Tilray Shares': TD Ameritrade Gets Voice PurchasesCEO says Tim Hockey says the brokerage will allow trades with Amazon Alexa.
October 24, 2018
Top House GOP Tax Writer Commits to Trump's 10% Middle-Class Cut"Republicans are scrambling because voters saw through their tax scam," Rep. Richard Neal, D-Mass., responded.
October 23, 2018
TD Ameritrade Profits Soar, RIA Technology Remains Priority: Q3 Earnings"The more we can automate, the more time advisors can spend with their clients," according to CEO Tim Hockey.
October 23, 2018
BofA Merrill Lynch Sees the Future: U.S. Stock Roller CoasterYield curve cycle points to enduring era of higher volatility; Goldman echoes prediction for more price swings based on GDP.
October 23, 2018
Are New USA Plans a Boon to Savers? Bloink & Byrnes Go Thumb to ThumbProfessors Bloink and Byrnes, who hold opposing political viewpoints, share their opinions on the new universal savings accounts.