Economy & Markets
The important economic and stock market news that advisors need to know.
Uncertain Summer Childcare Means Employers Should Check COVID-19 Leave Law
By William H. Byrnes | Robert BloinkBusinesses may face complications when employees request paid leave to care for children who might be home for summer.
June 17, 2020
Schwab's Sonders: Second-Half Stock Market Outlook Is CloudySecond-quarter earnings and GDP reports could provide some clarity, she says.
June 17, 2020
SBA Issues Revised PPP Loan Forgiveness ApplicationIt also released an EZ application, requiring fewer calculations and less documentation, for eligible borrowers.
June 17, 2020
What to Do When Unemployed Workers Refuse to Come BackSmall-business clients should proceed with caution when contesting: Not all employee situations are created equal.
June 17, 2020
Powell, Former Fed Chiefs Make the Case for More Government AidChairman Powell and former chairs Yellen and Bernanke stress the disproportionate impact of the downturn on minority groups.
June 16, 2020
Pushing Financial Institutions to Hold the Same Kinds of Assets May Backfire: EconomistsThe researchers make the case that investing alike increases the odds that companies will die alike.
June 16, 2020
Obama Campaign Chief Says Trump Leads Biden on EconomyFormer Obama aide Jim Messina and former Bush aide Karl Rove agree on this, saying it's voters' top issue.
June 16, 2020
Advisors Expect Returns More Like 2018 Than 2008: SurveyWhile U.S. financial professionals are optimistic, those abroad are another story, Natixis finds.