Economy & Markets
The important economic and stock market news that advisors need to know.
SoFi Plans to Go Public via SPAC
By Bernice NapachThe deal involves a special-purpose acquisition company and private investment combination, valuing the company at $8.65 billion.
January 07, 2021
Small Hedge Fund Makes History by Turning Into ETFUpholdings Compound Kings ETF, which includes several large Internet stocks, began trading last week.
January 07, 2021
Why a New TAMP for Small RIAs Has a Months-Long WaitlistSmall firms need "more than a call center," Manish Khatta, the quant behind Potomac's Union platform, tells ThinkAdvisor.
January 06, 2021
U.S. Capitol in Lockdown, Pence Evacuated as Protesters SurgeProtesters rallying in support of Trump overwhelmed police barriers after the president said he'd "never concede."
January 06, 2021
Why Stocks Are Rallying on Expectations of a Democratic Sweep in GeorgiaBanks and alternative energy stocks are among the gainers following the Senate runoff votes.
January 06, 2021
9 Likely Picks for Biden's Economic TeamWith Democrats taking the Senate, Biden is likely to get most of his nominations approved.
January 05, 2021
Bob Doll's 10 Predictions for 2021Stocks will keep rising despite having "borrowed" some of 2021's returns last year, Nuveen's chief equity strategist says.
January 05, 2021
H&R Block and TurboTax Clients Fume Over Delayed Stimulus Check DepositsCustomers of the tax-prep services took to Twitter to complain they had not gotten their second economic impact payments via direct deposit.