Economy & Markets
The important economic and stock market news that advisors need to know.
El-Erian Warns Fed After Jobs Data: 'Inflation Is Not Dead'
By Carter JohnsonHis comments came after Friday's job data blew away estimates, triggering a jump in U.S. stocks and bond yields.
October 04, 2024
Jobs Data Wipes Out Bets on Big Fed CutsSeptember U.S. employment data blew past estimates and signaled a robust hiring trend.
October 03, 2024
Fidelity Plans Latest Mutual Fund-to-ETF FlipThe two municipal bond funds are expected to be converted next year, according to two separate regulatory filings.
October 03, 2024
The 12 Wealthiest Countries in 2023Allianz ranked the countries on net financial assets per capita.
October 02, 2024
TD Securities to Pay $28.5M to Resolve Spoofing AllegationsThe charges concern tens of billions of dollars in fraudulent trades of Treasurys, authorties said.
October 01, 2024
15 Most Affordable U.S. Metro Areas: 2025Clever Real Estate ranked 100 metro areas on factors like taxes and percentage of income spent on housing.
October 01, 2024
Texas Stock Exchange Names Nasdaq, NYSE Veterans to Top JobsThe Texas Stock Exchange also hired veterans of the SEC and Schwab.
October 01, 2024
Here's How Much Fixing Social Security Could Cost Your ClientsAffluent couples could lose nearly $1 million in benefits if Congress doesn't act, Ron Mastrogiovanni warns.