Economy & Markets
The important economic and stock market news that advisors need to know.
JPMorgan Now Sees Slight Gain for Stocks in 2025
By Alexandra SemenovaThe bank's move follows similar reversals by Goldman Sachs, Barclays and Deutsche Bank.
June 04, 2025
Kellyanne Conway Talks Trump Tariffs"I don’t know why anybody’s surprised that he went ahead with tariffs," the former Trump advisor said Wednesday.
June 04, 2025
Republican Tax Bill Adds $2.4T to Deficits: CBOThe figure reflects a $3.67 trillion drop in expected revenues and a $1.25 trillion decline in spending through 2034.
June 04, 2025
Number of 401(k) Millionaires Drops Nearly 5%The market downturn in the first quarter substantially reduced that cohort on Fidelity’s platform.
June 03, 2025
BlackRock Escapes Texas Oil-Boycott Blacklist After ESG RetreatThe state's pension funds and investment accounts can buy the firm's shares and ETFs and hire it for advice.
June 03, 2025
10 States Where the Top 5% Earn the MostThese locales' highest earners dwarf Americans' median yearly income of some $81,000, WalletHub research found.
June 03, 2025
15 Best State Economies: 2025WalletHub ranked the states on factors like business growth, unemployment and innovation potential.
June 03, 2025
Alternative Assets Aren't a Good Deal for Clients: Expert"Alts bring extraordinary costs but ordinary returns," says investment consultant and author Richard Ennis, CFA.