Economy & Markets
The important economic and stock market news that advisors need to know.
Fed Holds Rates Steady, Pausing for Further Inflation Progress
By Catarina SaraivaThe Federal Open Market Committee voted unanimously to keep the federal funds rate at 4.25%-4.5%.
January 28, 2025
Bessent Wins Senate Confirmation to Be Treasury SecretaryThe former hedge fund manager won confirmation by a vote of 68 to 29 Monday.
January 27, 2025
Stocks Hit as Chipmakers See Worst Rout Since 2020Nvidia sank 17% and headed toward the biggest market-cap loss for a single stock in market history.
January 27, 2025
UBS Axes Hundreds of Jobs as Integration Gathers PaceThe firm has begun job cuts in Switzerland and is getting rid of the Credit Suisse brand.
January 27, 2025
Tech Giants Get Reality Check as China AI Startup Upends StocksChina's DeepSeek is challenging the investment case that rewarded the biggest players with rich valuations.
January 24, 2025
10 Good Stocks Under $10 a Share: MorningstarThese are higher-quality companies that are also undervalued relative to their intrinsic worth.
January 23, 2025
Ed Yardeni: 'We've Got a Roaring 2020s' Bull Market ScenarioThe researcher backed his 7,000 S&P forecast and said his high earnings outlook may be conservative.
January 23, 2025
Stocks Get Trump Boost as S&P 500 Tops 6,100Stocks rose after Trump urged OPEC to lower crude prices and said he'll push for rate cuts.