Economy & Markets
The important economic and stock market news that advisors need to know.
Refiners Race to Make Cheap Oil Into Gasoline
By Dan Murtaugh, BloombergRecord driving and plenty of oil are making this the best summer to make fuel in at least a decade.
July 15, 2015
Yellen Upbeat on Economy Amid GOP AttacksYellen rejects more oversight of Fed as House Republicans criticize her.
July 15, 2015
BofA Takes ‘Giant Step’ as Mortgages, Cost Cuts Fuel ProfitThe news follows CEO Moynihan's remarks in May that the firm would have to cut costs further in its trading division.
July 15, 2015
What Fitbit Says About Me — and the WorldAlmost a month of using Fitbit has reminded me of some old lessons and taught me some new ones.
July 15, 2015
Canada cuts rates for 2nd time as oil shock shrinks economyCanada's central bank lowered its benchmark rate on overnight loans between commercial banks to 0.5 percent.
July 15, 2015
U.S. index futures little changed as Yellen sees 2015 rate risePolicy makers are emphasizing that the pace of subsequent interest rate increases will be gradual.
July 14, 2015
India’s Economy: Beyond ModiExpectations of Prime Minister Modis economic vision have run ahead of his execution. So does the investment case for allocating to Indias equity market still hold up?
July 14, 2015
Investors Stampede to Cash on China Concerns, BofA Merrill Survey FindsEuropean stocks seen as more attractive in July fund manager survey.