Economy & Markets
The important economic and stock market news that advisors need to know.
Stocks Rally Despite Fed Signaling Taper Ahead
By Vildana Hajric and Elaine ChenCan Fed Chairman Jerome Powell pull off a taper without a market tantrum?
August 27, 2021
CVS Limits Purchases of Rapid Covid-19 Tests, Citing DemandSurging interest in rapid virus tests has made the products a scarce commodity at some online retailers and in certain stores.
August 26, 2021
12 Best Cities for Financial Advisors to Start a Career: 2021These cities have high average advisor pay and lots of potential clients, according to SmartAsset.
August 26, 2021
More Vaccine Mandates Are ComingThe FDA's full approval of the Pfizer vaccine may be making more employees comfortable with getting the injections.
August 25, 2021
Falling Fund Fees Saved Investors $6.2B in 2020: MorningstarInvestors in sustainable funds pay a "greenium" versus investors in conventional funds, but it has been shrinking.
August 25, 2021
Bloomberg Barclays Bond Indexes Are RebrandedThe indexes are the foundation or benchmark for hundreds, if not thousands, of mutual funds and ETFs.
August 25, 2021
24 Worst-Paying College Majors (That Aren't Education): 2021Graduates in these majors start at the low end of the salary spectrum and see only slight growth with years of experience.
August 24, 2021
House Adopts $3.5T Budget Blueprint Backed by BidenThe budget resolution sets a Sept. 15 deadline for the congressional committees drafting the tax and spending legislation.