Economy & Markets
The important economic and stock market news that advisors need to know.
Trump Plans to Nominate Shelton, Waller to Federal Reserve
By Alister BullThe Senate will now consider their nomination.
January 16, 2020
Most Americans Expect Their Finances to Be Same or Worse in 2020: SurveyMany younger adults are optimistic about their financial situation, Bankrate reports.
January 16, 2020
What J.P. Morgan Sees for Hedge Funds, Real Estate, Other Alt Investments in 2020ESG considerations are cropping up in several asset classes, J.P. Morgan Asset Management reports.
January 15, 2020
The Importance of 3 Sources of Retirement Income: StudyOnly 7% of retirees benefit from the ideal 'three-legged stool,' the National Institute on Retirement Security reports.
January 15, 2020
World's Largest Asset Manager Doubles Down Against Climate Change"I believe we are on the edge of a fundamental reshaping of finance," BlackRock CEO Larry Fink says in a shareholder letter.
January 14, 2020
Labor Dept. Plans to Restrict Media Access to Key Economic ReportsThe government, according to people familiar with the matter, cited security risks and unfair advantages for news media.
January 14, 2020
Bonus Culture on Wall Street Is Coming to an EndChanges will render individuals' judgment less important; many in finance and insurance will lose their jobs.
January 14, 2020
Goldman Looks Golden After JPMorgan and Citi Results BeatWells Fargo missed estimates, its results included $1.5 billion of litigation accruals, and it forecast net interest income would drop in 2020.