Economy & Markets
The important economic and stock market news that advisors need to know.
Trade, Tax Cuts, Debt Commission Dominate Axelrod Interview
By Marlene Y. SatterOn Sunday's Meet the Press, host David Gregory challenged David Axelrod, President Barack Obama's chief advisor, on two economic issues high on Washington's agenda right now: trade and tax cuts.
November 12, 2010
Minimal Progress Made as G20 Talks CloseLeaders of the countries that comprise the Group of 20 industrial and developing economies delayed until next year any action to address trade and...
November 12, 2010
Top 5 Most Read Stories: LTC Tax Changes; PIMCO's Gross on Bond MarketThese are AdvisorOne's Top 5 Most Read Stories for the week of Nov. 8.
November 12, 2010
Consumer Sentiment Rose in November Ahead of Holiday SalesBefore holiday shopping begins in earnest, U.S. consumer sentiment has climbed to a five-month high, according to a Thomson Reuters/University of Michigan survey released Friday.
November 11, 2010
Institutional Investors Bounce Back: Conference BoardBy the end of 2009 institutional investors, including insurers, had largely recovered from their dismal investment performance of 2008, according to the Conference Board.
November 11, 2010
White House Signals Surrender on Bush Tax CutsAfter confidently predicting in September a repeal of the Bush tax cuts would pass for those making over $250,000, then suggesting a "decoupling" strategy...
November 11, 2010
ING Q3 Profit Falls 26%Dutch bank and insurer ING Group NV (ING) announced Wednesday that its profits were down 26% after a writedown of $701 million on its U.S. insurance division.
November 11, 2010
G20 Meeting Marked by Dissent, Inaction; Concerns Over IrelandThe G20 summit meeting that began Thursday in Seoul had been expected to calm tempers riled by foreign exchange rates.