Economy & Markets
The important economic and stock market news that advisors need to know.
Private Market Titans Warn of Coming Pain as Credit Cracks Widen
By Laura Benitez, Allison McNeely and Layan OdehAnalysts are warning default rates could soar if AI disrupts corporate America as much as some experts expect.
March 02, 2026
Geopolitics Bets Hit a Record as Iran War EscalatesBettors placed $425.4 million in wagers on geopolitics questions on Polymarket in the week ending March 1.
March 02, 2026
Threat of $100 Oil Means Buying the Dip in Stocks Is RiskySince 1983, the S&P 500 has fallen an average 1.6% in the year following periods when oil topped this price level.
March 02, 2026
New CEO Abel Vows Berkshire Hathaway Will Thrive Beyond Buffett"Warren is obviously a very hard act to follow," Greg Abel wrote in his first shareholder letter.
February 27, 2026
UBS Names Apple's Maestri, Ex-BIS Head Carstens to BoardThe latest reshuffle at the top comes as UBS closes in on finishing the integration of Credit Suisse.
February 27, 2026
Financial Firms' Shares Walloped by More 'Cockroach' Credit Woes, AIThe combination delivered another bruising selloff in shares of banks and asset managers Friday.
February 27, 2026
12 Cities With the Highest Incomes Needed to Be Middle ClassThe local job market, housing market and infrastructure affect standards of living across the country, SmartAsset reports.
February 26, 2026
Citi to Cut 141 Jobs in New JerseyThe laytoffs are part of the financial services company's ongoing headcount reductions.