Economy & Markets
The important economic and stock market news that advisors need to know.
Gold Set for Longest Run of Gains in 2 Years on Stimulus Bets
By Eddie van der Walt, BloombergUncertainty is propelling gold and silver higher as investors continue to pile into gold-backed funds.
June 30, 2016
More Scholarships, Fewer Loans Financing College: SurveyIn addition, more students are working during the academic year or on breaks to help pay for college, Sallie Mae reported.
June 30, 2016
How Chinese Students Are Helping to Save America’s CollegesThe rising number of Chinese students at American colleges is driven in part by big cutbacks in government aid for state universities.
June 30, 2016
Puerto Rico Expected to Default on Debt Even After Restructuring Bill Is SignedEven after Obama signs the long-awaited bill that lets Puerto Rico restructure its debt, the ultimate outcome for holders of the islands debt remains uncertain.
June 30, 2016
Brexit Market Shock Has Waned, but Don’t Relax YetMarkets have bounced back since the Brexit vote, but worries remain about what happens next, from slowing growth to a possible "Frexit."
June 30, 2016
Here's What Financial Pundits Mean When They Say...When watching TV financial shows, remember that admitting that you have no clue what the future holds makes for bad television
June 29, 2016
Puerto Rico Says It Will Default Even With Congressional AidAs the Senate prepared to vote on a debt restructuring bill for Puerto Rico, its governor said the island would default on more than $1 billion in GO debt Friday.
June 29, 2016
No-worry selling — the sleep aid for sales superstarsBest Practice: Beware of stress at work, which can lower productivity, sales and income.