Economy & Markets
The important economic and stock market news that advisors need to know.
S&P 500 Tops 6,000 Milestone
By Rita NazarethThe benchmark is on track for its 50th record this year and has extended its weekly gain to 4.8%.
November 08, 2024
Debate: Do Taxpayers Benefit From New Hardship Distribution Rules?The Secure 2.0 Act contained many provisions that broadened the ability to access retirement funds without penalty.
November 08, 2024
Here's Who Could Lead Trump's Economic AgendaHe's likely to pick top advisors and cabinet secretaries from a pool of Wall Street and business executives.
November 07, 2024
What Trump's Win Means for the Markets: 3 VIP ViewsSchwab's Liz Ann Sonders, Creative Planning's Peter Mallouk and Carson Group's Ryan Detrick weigh in on what strategies to embrace.
November 07, 2024
Fed Cuts Rates; Powell Says He Wouldn't Resign If Asked By TrumpFederal Reserve Chair Jerome Powell said removal or demotion of any Fed board leader is "not permitted under the law."
November 06, 2024
Millionaire Tax Approved by Illinois VotersWhile the proposal has no legal effect, the vote opens the door to a new debate over ramping up taxes on the rich.
November 06, 2024
Goldman, JPMorgan Soar With Trump Poised to Deliver DeregulationTrump has vowed to cut the corporate tax rate, eliminate 10 regulations for every new one and fire some financial regulators.
November 06, 2024
What Clients Changing Jobs Should Know About Their 401(k)These clients have a decision to make on whether, and where, to move their retirement savings.