Economy & Markets
The important economic and stock market news that advisors need to know.
More Evidence That Spending Spikes Can Derail Retirement Savings
By John ManganaroNew research finds the frequent spending spikes seen in the private sector also occur among public-sector workers.
September 19, 2024
Fed Rate Cut Could Speed Up Some Annuity SalesClients who have been uncertain may now rush to lock in good rates, Jack Elder predicts.
September 18, 2024
Fed Cuts Rates by Half Point In Decisive Bid to Defend EconomyThe move highlights the growing concern among policymakers over the employment landscape.
September 18, 2024
Income Lab Launches Head-to-Head Annuity Evaluation ToolsThe new features integrate directly with the provider's existing suite of retirement planning functions.
September 18, 2024
10 Risky Stocks to Avoid: MorningstarWhile most of these stocks come from good companies, they're trading far above what they're worth, analysts find.
September 18, 2024
12 States With the Lowest Property Tax Rates: 2024What homeowners pay can vary widely, the Tax Foundation reports.
September 17, 2024
Morningstar to Update Medalist Ratings; Some Downgrades ExpectedThe change is expected to affect about a fifth of Medalist-rated investments.
September 17, 2024
Schwab Expects Revenue to Rebound After Slump Earlier This YearFewer customers are shifting money in search of higher yields, the firm reported Monday.