Economy & Markets
The important economic and stock market news that advisors need to know.
Senate Approves PPP Loan Changes
By Erik Wasson, Laura Litvan and Mark NiquetteAmong several changes in the bill is an extension of the payment period to qualify for loan forgiveness.
June 03, 2020
12 Sectors With Most Job Losses in May: BofA ForecastThe bank makes some predictions before the May jobs report, and the picture isn't pretty.
June 03, 2020
Citi CFO, One of Few Black Financial Execs, Weighs In on Floyd's DeathMark Mason, like others in the financial services industry, debated before speaking up.
June 02, 2020
Here's How State, Local Funding Shortfalls Could Affect GDPFailing to provide more federal aid could have an immense cost, economists from both parties say.
June 02, 2020
A Top Social Security Expert Blasts Biden's Reform PlanWilliam Reichenstein tells ThinkAdvisor what he thinks is a fairer way to strengthen Social Security.
June 02, 2020
CBO: U.S. Economy Won't Recover Pandemic Losses Until 2030The preliminary projection says nominal GDP will be reduced by $15.7 trillion during the interim.
June 02, 2020
Jeremy Siegel: George Floyd's Death, Riots Will Have Minimal Election ImpactThere may be a "slight benefit" for the Democrats, based on current political market odds, he says.
June 02, 2020
How an Advisor Handled 2 Tough Client Cases in Florida's Tourism MeccaIn one case, a death led to finding a new client, Dennis Nolte of Seacoast Investment Services tells ThinkAdvisor.