Economy & Markets
The important economic and stock market news that advisors need to know.
Medicare Posts $11.2B Operating Profit for 2024
By Allison BellThe inpatient hospitalization program can still pay 89% of promised benefits if its trust fund runs dry.
June 23, 2025
BNY Approached Northern Trust for Merger Talks: ReportThe chief executives of the banks had at least one conversation, the Wall Street Journal said.
June 23, 2025
Senate Readies Tax Bill for Vote as Holdouts Threaten DelayPresident Donald Trump’s tax-and-spending agenda is nearing a climactic vote in the Senate this week.
June 20, 2025
Debate: Should Key Tax Bill Provisions Be Temporary?Several components of the working drafts in Congress are scheduled to leave the tax code after 2028.
June 20, 2025
Fidelity Fund Bets on Midcaps Saying Tariff Shock Is OverIt's maintaining its conviction ahead of July 8, when reciprocal levies start for nations that don't have U.S. trade deals
June 20, 2025
9 Social Security Bills in Congress NowThe funding shortfall won't likely be addressed soon, but a variety of proposals are on the table.
June 20, 2025
Stocks Extend Drop on Report U.S.-Japan Talks SourThere were also concerns that the U.S. may revoke waivers for allies with semiconductor plants in China.
June 20, 2025
Morgan Stanley to Shutter Electronic Equity Market-Making UnitThe firm has been the last major bank still in the business of paying retail brokers for options order flow.