Economy & Markets
The important economic and stock market news that advisors need to know.
Trump Orders Extension of Jobless Benefits, Payroll Tax Deferral
By Justin SinkPresident announces four orders amid impasse over relief bill. His actions are likely to face legal challenges over executive power.
August 07, 2020
July Jobs Report Satisfies Everyone & No OneFriday's data beat expectations, but it's a middle road that probably won't inspire lawmakers to act.
August 07, 2020
DOL's ESG Proposal Blasted in Public CommentsSome 1,100 critiques from asset managers, sustainable investment advocates and others focused on five key areas.
August 07, 2020
Brace for More SEC Muni Advisor Antifraud ActionsSEC hasn't taken enforcement action against a municipal advisor in over a year, but that situation could change very soon.
August 07, 2020
Drop in U.S. Jobless Claims Offers Hope for Battered EconomyAll states but Rhode Island, which showed little change, posted declines from the prior week.
August 06, 2020
Trump Says He May Sign Unemployment Benefits Order on FridayThe president spoke to reporters before leaving on Ohio trip; Pelosi said talks on virus relief package are making progress.
August 05, 2020
Peter Mallouk Tells 'The Mooch' Why Private Equity Loves RIAsThe Creative Planning CEO talked to SkyBridge Capital's Anthony Scaramucci about the outlook for indie advisors and reacting to the pandemic.
August 05, 2020
Advising Doctors and Dentists: 6 Things Advisors Should KnowNorthwestern Mutual polled advisors about the needs and priorities of these high-earning clients.