Economy & Markets
The important economic and stock market news that advisors need to know.
7 Programs That Got $881B in Rescue Aid (So Far)
By Laura Davison and Saleha MohsinFrom airlines to small businesses, here's where money in the CARES Act has been spent.
April 23, 2020
Americans' Financial Satisfaction Takes Biggest Drop Since 2009And that's largely before the pandemic took hold on the economy, according to AICPA.
April 23, 2020
Motif's Shutdown Seen as 'Tip of the Iceberg'Consultant Doug Fritz expects 20% of fintech firms to be wiped off the map.
April 22, 2020
TD Ameritrade Posts Earnings, Sees Schwab Deal Closing in Late 2020The firm's latest earnings fell 8% from last year, but revenues grew 2%; net new assets were $45 billion.
April 22, 2020
Why a 'V-Shaped' Recovery Is Unlikely, According to a Market StrategistInvestors who are discounting poor economic data are getting ahead of themselves, says Ryan Nauman of Informa Financial Intelligence.
April 22, 2020
Advisor Portfolio Models Underperformed When Markets TankedConservative models lagged the furthest behind their benchmarks, according to BlackRock.
April 22, 2020
Top 12 Industries Most at Risk of Job LossesThese are the fields at moderate to high risk of pandemic-related layoffs, according to Moody's Analytics.
April 22, 2020
The 2020 IA25: Jeremy SiegelThe famed finance professor outlines what needs to happen to lift the U.S. economy in COVID-19 times.