Economy & Markets
The important economic and stock market news that advisors need to know.
Wall Street's Next Political Storm
By Nicole GelinasThink the fading memory of the financial crisis means Big Finance will take less political heat in the 2016 presidential elections? Think again.
July 24, 2014
Social Security Disability Fund Teeters on Brink of BrokeSocial Security's chief actuary warned senators that the disability trust fund needs help "soon" or reserves will run out in 2016.
July 24, 2014
Top 20 Cities With Most MillionairesTax havens and banking and financial centers have the largest shares of wealthy residents.
July 24, 2014
Raymond James Reports Record Profits, Revenues: Q2 EarningsFee-based accounts now make up more than 70% of Private Client Group revenue.
July 23, 2014
MetLife SIFI Designation ImminentIn designating MetLife at this time, the FSOC would be ignoring the House Financial Services Committee.
July 23, 2014
Sales metric No. 1: Do you know where you’re going?Sales metrics may not be the most fun you can have at work. But knowing your history is vital if you want to increase your numbers.
July 22, 2014
Kotlikoff: Investors at Risk of Wipeout, SIPC a FraudEconomist Laurence Kotlikoff says all Americans should close their brokerage accounts immediately because of what he calls a massive insurance scam by the SIPC.
July 22, 2014
U.S. stocks rise on inflation, corporate earnings releasesThe Dow Jones Industrial Average increased 55.06 points, or 0.3 percent, to 17,106.79.