Economy & Markets
The important economic and stock market news that advisors need to know.
Wall Street's Big Selloff Puts Pressure on U.S. Households
By Lu Wang and Isabelle LeeKnown as the “wealth effect,” people tend to spend when assets are buoyant and save when they’re not.
March 07, 2025
Goldman Gives Managers a Choice: Dallas, Salt Lake City or LeaveThe push aims to drive down costs and tap a pipeline of talent emerging in these regions.
March 07, 2025
Nasdaq Joins Exchanges Seeking to Offer Round-the-Clock TradingThe plan follows NYSE's filing of an application in October to offer trading 22 hours on weekdays.
March 06, 2025
Liz Ann Sonders: Two Major Indexes Hit Correction TerritoryConcerns over tariffs, DOGE cuts and immigration policy are hitting stocks, the Schwab analyst noted.
March 06, 2025
Wall Street Goes From Hope to Panic as Nasdaq 100 Nears CorrectionThe index tumbled 2.8% Thursday.
March 06, 2025
Vanguard Plans Two More Muni ETFs as Competition Heats UpIts New York tax-exempt bond ETF will focus on investment-grade New York debt.
March 04, 2025
12 States Where the Top 1% Earn the MostThe richest Americans earned 3.4% less in 2022 than in 2021, newly released IRS data shows.
March 04, 2025
BlackRock Buys Hutchison’s Panama PortsThe deal is the largest infrastructure purchase in BlackRock’s history after it bought infrastructure specialist GIP in 2024.