Economy & Markets
The important economic and stock market news that advisors need to know.
Biggest Asset Managers Want a New Labeling System for ETFs
By Bernice NapachBlackRock, State Street and others want leading exchanges to enact their proposal.
May 14, 2020
Small Businesses Prepping for a Year of Disruptions Due to PandemicA global payment network polled small and midsize businesses on how they were handling the coronavirus.
May 13, 2020
Fed Chief Warns of Lasting Economic Damage, Pushes More Fiscal StimulusChairman Jerome Powell says Congress should act, noting that Fed policy has its limitations.
May 13, 2020
FINRA: Fraud Continues to Be Major Challenge During PandemicThe "biggest potential problem" is phishing, risk oversight officer Bill Wollman says.
May 13, 2020
Envestnet, Investment Advisor Announce Asset Manager and Strategist of the Year FinalistsMany of these asset managers demonstrate the extra skill it takes to exceed bull market returns.
May 13, 2020
Another Stimulus Package Will Get Done: Political StrategistsThere's consensus that another bill is needed, "just not Pelosi's mammoth package," Valliere said.
May 13, 2020
Rep. Brady: Dems' New Stimulus Plan a 'Recipe for a Prolonged Recession'"I don't know if there will be a fifth emergency aid bill," Brady said. But he discussed plans to boost retirement savings.
May 12, 2020
Record Low Student Loan Rates Expected in the FallRates for undergraduate, graduate and PLUS loans are expected to drop 178 basis points.