Economy & Markets
The important economic and stock market news that advisors need to know.
Senate Passes $550B Infrastructure Plan in Win for Biden
By Steven T. Dennis, Laura Litvan and Laura DavisonThe Senate, though, didn't get full consent for the approval of a bipartisan effort to replace a broad cryptocurrency tax reporting provision with a more narrowly targeted measure.
August 09, 2021
SEC Bars Ex-Pimco CEO Hodge Over College Admissions ScamThe sanction comes more than a year after the executive was sentenced to nine months in prison for his actions.
August 09, 2021
Democrats Release Budget Enabling Biden's $3.5T Tax, Economic PlanThe blueprint let Democrats raise taxes on the wealthy; it also tells lawmakers to expand the state and local tax, or SALT, deduction.
August 09, 2021
25 Top Foreign-Stock Funds: MorningstarSusan Dziubinski's latest roundup includes offerings from American Funds, DFA, Oakmark, Vanguard and others.
August 09, 2021
SEC Approves Nasdaq Board Diversity PlanThe rules give investors "a better understanding of Nasdaq-listed companies' approach to board diversity," said SEC Chairman Gary Gensler.
August 09, 2021
ARK, Guggenheim to Launch Innovation-Focused UITCathie Wood's trademark emphasis on disruptive technology will be the unit investment trust's core strategy.
August 07, 2021
Buffett Slows Buybacks, Sells Stocks With Market at HighsThe Oracle of Omaha's Berkshire Hathaway is pulling back on some capital-deployment maneuvers its favored in the past.
August 05, 2021
Goldman Sachs Raises Year-End S&P 500 TargetIts latest forecast is 7% above its prior forecast, which was released just five days earlier.