Economy & Markets
The important economic and stock market news that advisors need to know.
'Black Swan' Investor Who Profited From '08 Crisis Says Market's More Fragile
By Yakob Peterseil and Cecile GutscherJerry Haworth says the system is much more leveraged now than it was in 2007.
April 16, 2018
Job Market Stabilizes, but New Hires Are Offered Less: New York FedThe percentage of workers employed and in new jobs has risen since November.
April 16, 2018
3 More Warning Signs That a Seismic Shift in Bonds Is ComingThere are several red flags to watch, but it's not all bad news for bond investors.
April 16, 2018
Fed's Community Advisory Council Seeks New MembersCandidates from financial services and technology, asset and wealth building and housing and mortgage finance are welcome.
April 16, 2018
10 States Whose Residents Pay the Least Federal TaxesResidents in the bottom-ranking state pay just over $3,000 per adult, MoneyRates.com reports.
April 16, 2018
Trump Plans to Name Pimco's Richard Clarida as Fed Vice ChairAn economist and Columbia University professor, Clarida expected to bring pragmatic approach to Fed policy.
April 16, 2018
Bank of America's Cost-Cutting Drive Pushes Profit to RecordNet income jumps 30%, surpassing analysts' estimates; lender posts best efficiency ratio in more than five years
April 16, 2018
10 States Whose Residents Pay the Most Federal TaxesPopulation, wealth and number of returns filed influence total taxes paid.