Economy & Markets
The important economic and stock market news that advisors need to know.
Trump Fires Data Chief, Gets Chance to Tilt Fed
By Molly SmithThe president got some bad economic news Friday and responded by ousting the messenger.
July 30, 2025
AllianceBernstein to Convert Bond, Muni Mutual Funds to New ETFsThe core bond ETF will invest in corporate bonds, while the muni ETFs will focus on California and New York securities.
July 30, 2025
Crypto Firms Adopt Wall Street's TacticsPublic firms are lending their coins, locking them up for rewards or selling options to milk income from idle holdings.
July 30, 2025
Fed Holds Interest Rates, Points to Slowing Economic ActivityThe decision defies intense pressure from President Trump to cut rates. There were two dissents.
July 30, 2025
12 Countries With the Most Millionaires: 2025The United States minted more than 1,000 millionaires a day in 2024, UBS' Global Wealth Report finds.
July 29, 2025
Blackstone Exec Killed in Manhattan ShootingWesley LePatner, who ran the firm's $53 billion real estate fund for wealthy individuals, died Monday.
July 28, 2025
Gunman Kills Several People, Himself at Blackstone's NYC TowerBlackstone offices were evacuated, an official said.
July 28, 2025
Vanguard Adds 2 Fixed Income Model PortfoliosThe new models are launched two months after the asset manager introduced its first two class offerings.