Economy & Markets
The important economic and stock market news that advisors need to know.
Falling Asset Values Could Put More Banks in Jeopardy
By Allison BellResearchers estimate that falling asset values could lead to deadly depositor runs at 186 financial institutions.
March 23, 2023
CalPERS Agrees to $820M Long-Term Care Insurance Rate Suit SettlementPolicyholders have been fighting CalPERS in court since 2013.
March 23, 2023
Wall Street Eases Hiring Freeze in Grab for Credit Suisse TalentHeadhunting firms working with banks like Goldman Sachs have started to fly representatives into Zurich to speak with candidates.
March 22, 2023
Easing Client Anxiety From the 'Econotalk' MaelstromYour clients might ignore basic investing principles because of fear. Here's how to help them counter it.
March 22, 2023
Powell Stresses Commitment to Cooling Prices as Fed Hikes RatesThe FOMC voted unanimously to increase its target for the federal funds rate to its highest level since 2007.
March 22, 2023
15 U.S. Cities Where a $100K Salary Goes FurthestHere are the cities where a six-figure salary has the most purchasing power, according to SmartAsset.
March 22, 2023
12 States With the Lowest Taxes in America: 2023Which state has the lowest taxes? The answer is not straightforward, according to WalletHub.
March 21, 2023
Life and Annuity Stocks Weather Credit Suisse StormQuestions about derivatives exposure linger.