Economy & Markets
The important economic and stock market news that advisors need to know.
Why Big Firms Are Losing the Hearts and Minds of Advisors
By Shirl PenneyA shift away from complacency is underway, and it favors advisors aligned with independent RIAs.
August 28, 2025
Edward Jones Lays Off Hundreds of Home Office EmployeesThis week's job cuts are tied to hundreds more voluntary separations that took placce earlier this year, the firm said.
August 27, 2025
10 Most Expensive U.S. Cities to Buy a Luxury HomeFrenetic homebuying during the pandemic accelerated price growth across all tiers, Redfin research finds.
August 27, 2025
Interactive Brokers to Join S&P 500, Replacing WalgreensThe changes will take place prior to the opening of trading on Thursday, according to S&P Dow Jones Indices.
August 26, 2025
Calm in Markets Is All But Over: Goldman, Deutsche Bank"I’m not sure ... we can sustain ... [the] Goldilocks momentum we’ve had," said Goldman's Christian Mueller-Glissmann.
August 26, 2025
7 Cities Where a Luxury Home Costs Less Than $1MIn early 2025, the U.S. mean luxury home sale price was $1,348,065 — up 88% from 2015, Redfin finds.
August 25, 2025
Jeremy Siegel: Stocks Can Gain Another 10%"I believe this rally still has legs," economist Jeremy Siegel posted Monday.
August 25, 2025
Industry Veteran Hassan Tapped as DriveWealth CEOHassan, who left UBS last year, worked earlier for the Federal Reserve Bank of New York, Morgan Stanley and Charles Schwab.