Economy & Markets
The important economic and stock market news that advisors need to know.
S&P/Case-Shiller Show Home Prices Still Falling; Consumer Confidence Improves
By Danielle AndrusAnnual growth rates fell in 17 out of 20 cities, and home prices fell in 15 out of 20 cities, according to the latest S&P/Case-Shiller results released Tuesday.
October 25, 2010
IPO Market Has Biggest Week of Year With $23 Billion RaisedPublic offerings in Asia and South America have been particularly strong, reports Renaissance Capital.
October 25, 2010
Banks Raise Fees to Record Highs: BankrateChecking account fees have risen to an all-time high, according to a study released Monday by Bankrate, Inc.
October 25, 2010
Home Prices and Sales, Earnings and GDP: Advisor Briefing for the Week of Oct. 25, 2010Earnings season begins to wind down--though TD Ameritrade, Ameriprise, and some big insurers report this week--as the political season heats up prior to next week's midterm elections. The final pre-election reports include third-quarter GDP, new and existing home sales and two readings on consumer sentiment.
October 24, 2010
G20 Gives Emerging Nations Greater VoiceThe G20, in a surprise move, agreed Saturday to allow emerging nations a greater say in the IMF and also agreed to stay away from competitive currency devaluations.
October 23, 2010
'Grey Goose Effect' Loses Altitude in Struggling EconomyWhile it was practically in vogue in boom times to pay more for vodka brands like Grey Goose and Ciroc, sadly businesses and consumers alike can no long afford the mark-up.
October 22, 2010
Editor's Blog: DIYBill Coffin asks whether it's time for the business community to stop waiting for someone else to fix the economy.
October 22, 2010
Weekly Earnings Highlights: BofA, BNY Mellon, Wells Fargo, Morgan Stanley, Raymond JamesA roundup of earnings highlights for the week of Oct. 18 compiled by the AdvisorOne staff.