Economy & Markets
The important economic and stock market news that advisors need to know.
US Jobless Apps Hover Near Low Levels
By Christopher S. RugaberSlightly more people applied for U.S. unemployment benefits last week, but the overall level stayed low enough to suggest the job market is strengthening.
March 08, 2012
Global Insurers Face Pressure on Iran SanctionsThe move toward tightening sanctions on Iran has moved up a notch as proposed legislation would target global insurers who provide insurance or reinsurance on any deals with Iran that are forbidden by U.S. law.
March 08, 2012
Greek Debt Swap Success Called LikelyEnough holders of Greek sovereign debt have now signed on to the debt swap deal that is a prerequisite for a second bailout that success seems likely. However, there is still a chance that collective action clauses may be triggered.
March 08, 2012
Top Tips for Women at Tax TimeOn International Women's Day, AdvisorOne offers tax tips for women from financial planner Peggy Cabaniss and CPA Barbara Kogen.
March 08, 2012
Birinyi Bullish, Sees S&P at 1,700Laszlo Birinyi called the market bottom in March 2009 and he still likes what he sees three years on. Despite the stock markets largest decline this year earlier in the week, hes bullish on U.S. equities.
March 07, 2012
Unemployment, Republicans and the MarketThe economy's looking a little better, though GOP presidential candidates likely wish it wasn't.
March 07, 2012
On Jobs, Russell Chief Economist Most Optimistic of Pessimistic BunchPayroll processor ADP released its ADP National Employment Report on Wednesday, which found the private sector added 216,000 jobs during the month of February.
March 07, 2012
300% Hike in Dividend Tax Will Starve Economic Engine, AEI Scholars SayTwo scholars at AEI say Washington is about to tax, and thereby make more scarce, the fuel that drives investment in the economy. The sharp tax spike well likely also depress stock market performance.