Economy & Markets
The important economic and stock market news that advisors need to know.
Health insurer stocks fall on exchange glitches
By The Associated PressEven carriers that minimized marketplace use are suffering.
October 16, 2013
Government Shutdown Ends, Debt Default AvertedFederal employees began returning to work on Thursday after the legislation passed both houses of Congress late Wednesday and was signed into law by President Barack Obama just after midnight.
October 16, 2013
Senate Agrees on Debt Deal, as SIFMA Chief Blasts GOP and Obama for Woes"There is significant damage to the Republican brand in its willingness to be a party of fiscal destruction," says SIFMA CEO Judd Gregg, a former senator.
October 16, 2013
BofA Posts Big Jump in Profits; Piper Jaffray Results WeakenAdvisor productivity hits $1.3 million for veteran reps at Merrill Lynch.
October 16, 2013
ThinkAdvisor’s 2013 Q3 Earnings Calendar for the Finance SectorThe third-quarter 2013 earnings period is now under way, with many finance sector companies reporting.
October 15, 2013
Debt Ceiling Deal ‘Still Far Off,’ Says White HouseWith only two days left before the deadline, White House Press Secretary Jay Carney said Tuesday afternoon that no deal was near.
October 14, 2013
Better Economic Times Ahead for Greece?Greeces economy is finally showing some signs of recovery, and it can be attributable to many things.