Economic Trends
Get the latest economic news and analysis to understand emerging economic trends and their impact on portfolios.
Bessent Wins Senate Confirmation to Be Treasury Secretary
By Viktoria Dendrinou and Daniel FlatleyThe former hedge fund manager won confirmation by a vote of 68 to 29 Monday.
January 22, 2025
BofA CEO Says He’s ‘Not Going Anywhere’Brian Moynihan also said advancements in AI and automation help keep costs and headcount in check.
January 22, 2025
Widows Will Inherit $51 Trillion in Great Wealth Transfer: CerulliWith so much money poised to be passed on to women, advisory firms should address gender service gaps.
January 22, 2025
What's Next for Trump’s Tax Policies and Other Plans?Talks with lawmakers Tuesday ended without a deal on how to advance the president's signature tax policies.
January 21, 2025
Schwab Earnings Top Estimates on Record InflowsTotal client assets were $10.1 trillion, after passing $10 trillion for the first time in November.
January 17, 2025
Goldman Gives CEO Solomon $80M to Stay Put, Hikes Pay 26%The retention awards for both him and President John Waldren entail no stock-performance metrics.
January 16, 2025
Top 12 Counties for Disposable IncomeHere's where families had the most money left to spend after paying for necessities, according to SmartAsset.
January 16, 2025
Capital One Customers Report Missing Direct DepositsCustomers are complaining that expected direct deposits are missing; the bank says it is fixing technical problems.