Economy & Markets
The important economic and stock market news that advisors need to know.
Here's Where It Costs Most, and Least, to Be Rich
By James J. GreenSmartAsset ranked the states based on the tax burdens faced by the highest-earning 1%.
August 20, 2018
The $23 Trillion Argument Against Dismantling U.S Earnings RulesInvestment strategists critique Trump's order for the SEC to consider requiring semi-annual corporate earnings reports instead of quarterly ones.
August 20, 2018
In Leveraged Loans, It's Beginning to Look a Lot Like 2008The similarities between today's leveraged loan market and the subprime market of the mid-2000s are "eerie," says Zandi of Moody's.
August 20, 2018
AssetMark Acquires Global Financial Private Capital: Portfolio ProductsAlso, Perth Mint launched a new ETF backed by physical gold on the New York Stock Exchange.
August 17, 2018
Oil Posts Longest Losing Run Since 2015 Amid Economic FearsSlowing demand and rising supplies are weighing on oil prices.
August 17, 2018
$1.5 Trillion in Corporate Cash Is Coming to AmericaBlackRock, JPMorgan Chase and Fidelity Investments are among asset managers racing to create new strategies for clients who want to repatriate funds.
August 17, 2018
Louisiana Bans BofA, Citi from Bond Sale Over Gun PoliciesCommission votes to exclude top U.S. underwriters from deal; bank policies seen 'infringement on the rights' of residents.
August 17, 2018
Trump Wants SEC to Study Ending Quarterly EarningsThe CEO who urged the president to look into 6-month reporting is PepsiCo's Indra Nooyi.