Economy & Markets
The important economic and stock market news that advisors need to know.
Tech Giants Get Reality Check as China AI Startup Upends Stocks
By Subrat Patnaik and Henry RenChina's DeepSeek is challenging the investment case that rewarded the biggest players with rich valuations.
January 23, 2025
Stocks Get Trump Boost as S&P 500 Tops 6,100Stocks rose after Trump urged OPEC to lower crude prices and said he'll push for rate cuts.
January 23, 2025
U.S. Consumers Face Much More Uncertainty About FinancesA new index shows why retirement savers look fine on paper but feel dizzy in practice.
January 22, 2025
BofA CEO Says He’s ‘Not Going Anywhere’Brian Moynihan also said advancements in AI and automation help keep costs and headcount in check.
January 22, 2025
Widows Will Inherit $51 Trillion in Great Wealth Transfer: CerulliWith so much money poised to be passed on to women, advisory firms should address gender service gaps.
January 22, 2025
What's Next for Trump’s Tax Policies and Other Plans?Talks with lawmakers Tuesday ended without a deal on how to advance the president's signature tax policies.
January 21, 2025
Stocks Buoyed by Trump’s AI Plans, Tariff UpdatesStocks climbed Tuesday on growing speculation that his policies will further boost Corporate America.
January 21, 2025
Schwab Earnings Top Estimates on Record InflowsTotal client assets were $10.1 trillion, after passing $10 trillion for the first time in November.