Economy & Markets
The important economic and stock market news that advisors need to know.
Berkshire Hathaway ‘A’ Shares Reach $300,000 for First Time
By Noah Buhayar & Brandon KochkodinInterest in the company comes as the GOP-led tax-cut plan moves through Congress.
December 15, 2017
GOP Releases Final Tax Cut BillLegislators kept virtually the entire corporate cut and made sure it starts next year, said Andy Friedman of The Washington Update.
December 15, 2017
New Active Funds: The Better They Do, the More You PayAllianceBernstein will launch a series of advisor-sold actively managed funds whose fees are tied to performance.
December 15, 2017
Corker to Vote Yes, All but Ensuring Passage: Tax Debate UpdateHis change of heart comes about an hour after Rubio said yes, improving the tax bill's prospects.
December 14, 2017
Jeremy Grantham: ‘Be Brave’ and Invest in Emerging MarketsIn GMO's latest newsletter, its CIO says emerging market stocks are the "only cheap asset."
December 14, 2017
Vanguard to Launch Blockchain PlatformThe mutual fund giant recently concluded a successful pilot using blockchain for 17 index funds.
December 14, 2017
Sen. Rubio Opposes Tax Bill, Rattling NegotiationsThe Florida Republican is pushing for an increased child tax credit.
December 13, 2017
Fed Raises Short-Term Rates, Suggests 3 More Hikes Next YearOutgoing Chair Janet Yellen admits that the Fed's "understanding of the forces driving inflation isn't perfect."