Economy & Markets
The important economic and stock market news that advisors need to know.
Ex-Schwab Exec: Wirehouses, Banks Are Challenging RIAs
By Jane Wollman RusoffBig firms have adopted more RIA-like offerings; meanwhile, breakaways have gotten smarter, Rob Farmer tells ThinkAdvisor.
April 27, 2022
12 Most Affordable Cities for U.S. HomebuyersOnly one of these cities actually earns an "affordable" rating from the researchers.
April 27, 2022
Inflation Forces Budget-Squeezed Americans to Ask Family, Friends for LoansMore than 10% of all adults relied on loans from those close to them to meet spending needs, according to the Census Bureau.
April 26, 2022
Lael Brainard Wins Senate Confirmation to Be Fed Vice ChairShe had been considered by President Joe Biden for the Fed's top job before he chose to keep Jay Powell in that post.
April 26, 2022
Ameriprise Celebrates Fed Interest Rate IncreasesThe shift could sweeten the annuities the company keeps and help it sell the sour blocks.
April 26, 2022
Best & Worst Firms for Self-Directed Investors: J.D. Power, 2022"Hybrid" investors who get some advisor help are less satisfied than both DIY investors and full-service advisor clients.
April 25, 2022
12 Best Small Cities to Start a BusinessWalletHub ranked 1,334 cities with populations of 25,000 to 100,000 on their friendliness to business.
April 25, 2022
Elon Musk Lands Deal to Take Twitter Private for $44BInvestors will get $54.20 per share, which is about 38% more than the stock's close on April 1.