Economic Trends
Get the latest economic news and analysis to understand emerging economic trends and their impact on portfolios.
BofA to Raise Minimum Wage to $25 an Hour
By Lananh NguyenThe Charlotte, North Carolina-based lender will also require its U.S. vendors to pay employees dedicated to the bank $15 per hour or more.
May 12, 2021
Rising Inflation Spooks Markets, but Should It?Fed Chairman Jerome Powell says higher inflation will be "transitory," but some market analysts disagree.
May 12, 2021
How Much Money Does It Take to Be Wealthy?Schwab, who asks this question every year, found the dollar amount cited by survey respondents dropped significantly from 2020.
May 11, 2021
Ark's Cathie Wood: Inflation Isn't the Biggest Market ThreatA bump in inflation will be temporary, the Ark Investment Management head says. She remains upbeat on tech stocks.
May 08, 2021
Protecting Portfolios From Interest Rate RiskAs inflation threatens the 40-year bull run that has supported bonds, fixed income investors are seeking lower-risk alternatives.
May 05, 2021
Rates Are Rising, but Should Bond Investors Be Worried?Kathy Jones of the Schwab Center for Financial Research and Kevin Flanagan of WisdomTree offer their analyses.
May 05, 2021
12 Best Value Colleges: Princeton Review, 2021These public and private schools have stellar academic reputations and generous financial aid, according to the college admissions site.
May 03, 2021
Buffett's Investments: The 'Great,' the 'Good' and the 'Gruesome'Berkshire Hathaway chronicler Adam Mead opines to ThinkAdvisor about Buffett's worst investment, what he regrets and the future of the conglomerate.