Economy & Markets
The important economic and stock market news that advisors need to know.
House GOP's 2019 Budget Plan Includes Partial Privatization of Medicare
By Erik WassonThe proposal fast-tracks at least $302 billion in spending cuts over 10 years, including repeal of the Affordable Care Act.
June 18, 2018
Top 10 States With the Worst EconomiesHigh unemployment, poverty and foreclosure rates undermine these states' performance.
June 18, 2018
Why to Keep Your Inflation Anxiety in CheckYes, prices are rising faster, but all signs suggest it won't amount to much.
June 18, 2018
Fidelity Launches 2 Factor ETFs: Portfolio ProductsMeanwhile, TCA by E-Trade added capabilities for RIAs.
June 18, 2018
Fidelity Cuts Target Date Fund Fees as Competition Heats UpIn addition to cutting fees on target date funds, Fidelity is adding long-term Treasuries and TIPS as investment options.
June 18, 2018
Another Way ESG Investing Can Boost PortfoliosESG investing, by nature, forces investors to think about the long term.
June 15, 2018
Can Unemployment Rates Predict Recessions? Recessionomics, Pt. 2Part II of this series examines the duration and severity of each recession, the change in unemployment, and consider when the next recession may occur.
June 15, 2018
Citigroup Agrees to Pay $100M to 42 States in Libor ProbeThis is the latest development in probes by governments around the globe into banks' manipulation of benchmark interest rates.