Economy & Markets
The important economic and stock market news that advisors need to know.
Treasury Releases Small-Business Loan Guidance for Independent Contractors
By Melanie Waddell"Now sole proprietors, independent contractors and gig workers can clearly have a path" to a loan, said advisor Leon LaBrecque.
April 14, 2020
UBS Is Helping Small-Business Wealth Clients Get PPP LoansThe PPP loans will be made though the Newtek Business Services Corp. and UBS Bank.
April 13, 2020
Fidelity Plans to Hire 2,000 PeopleThe firm is experiencing growing demand for services from existing clients during the COVID-19 pandemic.
April 13, 2020
RIA M&A: Strong in Q1, but COVID-19 Set to Take a TollDeVoe & Co., Echelon and Fidelity share their predictions of what lies ahead for advisor deal-making in 2020.
April 13, 2020
18 Months of Rolling Shutdowns Likely: Fed's Kashkari"This could be a long, hard road," he said. "We should prepare for the worst-case scenario."
April 13, 2020
Tax Impact of Stimulus' RMD Waiver, Early Withdrawals: Bloink & ByrnesSign up now for ThinkAdvisor's free tax webinar on Thursday, April 16, from 2-2:30 p.m. EDT.
April 13, 2020
First Stimulus Checks Sent to Bank AccountsMeanwhile, senators called for clarity on which workers are eligible for emergency unemployment assistance.
April 13, 2020
What Shape Will the Economic Recovery Take?Hint: unlikely a V or L, and maybe not even a U, according to Mark Zandi of Moody's Analytics.