Economy & Markets
The important economic and stock market news that advisors need to know.
The cities that make up the biggest economy on Earth
By Enda Curran"The Asia-Pacific MetroMonitor reaffirms the shift in global economic growth to the East and South," according to a report.
July 08, 2015
Americans' income drop last decade makes U.S. a world rarityThe U.S. is the only developed economy to slip backwards on the share of its people living on more than $50 a day.
July 08, 2015
NYSE Resumes Trading on Two Markets After Hours-Long HaltThe New York Stock Exchange began reopening its two equity venues that were shut down for hours Wednesday by a computer malfunction.
July 08, 2015
New York Stock Exchange Suspends TradingEquity trading was halted at the NYSE as the biggest American share venue addressed a computer malfunction and canceled open orders.
July 08, 2015
Greece pointed to exit door as European leaders harden toneThe ECB will end its support for Greece if there is no political accord in sight, said ECB board member Christian Noyer.
July 07, 2015
Fed looks set to postpone rate increase amid Greece turmoilThe U.S. central bank probably wont raise borrowing costs until the first quarter of next year, based on a Morgan Stanley index.
July 07, 2015
China’s Market Rout Spreads Despite Government EffortsThe Chinese stock market is crashing, unnerving markets around the world. But even after the losses, China's mainland markets are still up for the year.
July 07, 2015
Schwab’s Kleintop: 5 Developments Investors Missed While Watching GreeceInvestors focused on Greece over the past week may have missed other developments that could be at least as influential on markets, Kleintop says.