Economy & Markets
The important economic and stock market news that advisors need to know.
10 House Districts With the Most High Earners
By Allison BellLawmakers from these places may have a distorted sense of what a typical U.S. income is.
September 23, 2020
Interactive Brokers Raising Margin Requirements Before U.S. ElectionThe online brokerage says it expects "elevated" volatility in financial markets before and after the election.
September 23, 2020
The 10 Wealthiest Americans Got a Lot Richer During the PandemicBillionaires like Warren Buffett, Mark Zuckerberg and Elon Musk saw huge wealth growth in the past six months.
September 22, 2020
Americans' Net Worth Has Recovered to Pre-COVID Levels: FedBut many remain unemployed and don't expect to return to their old jobs.
September 21, 2020
Stocks Slump on Bank Report, Economic DoubtsSeveral factors contributed to the drop, including a report implicating several large global banks in dirty business.
September 21, 2020
10 Biggest U.S. Banks: 2020These are the U.S.-based banks with the most assets, according to ADV Ratings.
September 21, 2020
Franklin Templeton Launches New Tool for Advisors: Portfolio ProductsAlso, Invesco expands its lineup of Defined Maturity Bond ETFs.
September 18, 2020
Americans Are Hurting Financially but Optimistic About the Long TermA Northwestern Mutual study also found that many are now more disciplined in handling their finances.