Economy & Markets
The important economic and stock market news that advisors need to know.
Prudential's SIFI Status Is Still Grist for FSOC Talks
By Elizabeth FestaAfter months of deliberation by FSOC, Prudential is still the only insurer labeled a SIFI.
September 12, 2018
Muni Bond Issuers Reach Out to Individual Investors (and Their Advisors)With year-end tax planning and rebalancing in mind, financial advisors are well-advised to keep an eye out for large new-issue offerings.
September 12, 2018
JPMorgan's Dimon Backtracks on Bragging He Could Beat Trump'I'm as tough as he is, I'm smarter than he is,' the bank leader says at first, but later explains in an official statement, 'I should not have said it.'
September 12, 2018
Recession Wounds Still Raw 10 Years Later: BettermentTen years after the crash and subsequent recession, many people are still struggling to get their finances back in shape.
September 11, 2018
25 Best Countries for Retirement Security: 2018The U.S. rose a notch in this year's ranking by Natixis Investment Managers.
September 11, 2018
Business Execs' View of US Economy Wavers: AICPAExecutives are worried about trade policies but optimistic about the effects of the tax overhaul, the survey found.
September 10, 2018
Death of DOL Fiduciary Rule Is a Boon to Investment Cos.: StudyUnder the Obama-era rule, 36 investment companies lost $14 billion in market capitalization, a new paper asserts.
September 10, 2018
6 Economic Predictions for Next 5 Years: Northern TrustPolicy disruptions due to political swings and "stuckflation" all figure into Northern Trust's forecast.