Economy & Markets
The important economic and stock market news that advisors need to know.
Sustainable Funds Are Having a Good Year: Morningstar
By Bernice NapachSustainable funds are experiencing strong asset growth and relative performance, according to Morningstar.
July 25, 2019
Schwab to Buy USAA's Brokerage BusinessThe $1.8 billion deal comes less than two weeks after talks about such a deal were first reported.
July 25, 2019
June Stock Market Bolstered Americans' Financial Satisfaction: AICPAFinancial pain felt by consumers was at pre-recession lows, the accountants' group reported.
July 23, 2019
Bob Doll Checks In on His 10 Predictions for 2019Here's how the predictions the Nuveen strategist made in January are panning out.
July 23, 2019
Trump, Congress Clinch Debt-Limit Deal After Tense NegotiationsThe broad agreement suspends the debt ceiling until July 31, 2021, eliminating the risk that the government could miss payments as early as September.
July 23, 2019
Betterment Moves Into BankingIts savings and checking platform includes a savings account with a 2.69% APY.
July 22, 2019
Expect a One and Done Fed Rate Cut: Mark ZandiMoody's Analytics' chief economist sees a 25-basis point cut next week and likely nothing more before the 2020 election.
July 22, 2019
Women Less Optimistic Than Men About the Market: NationwideYet they're still less financially prepared, even when they have an advisor, according to a survey.