Economy & Markets
The important economic and stock market news that advisors need to know.
How Donor-Advised Funds Can Amp Up Their Giving Power
By Bernice NapachMany donor-advised fund investors don't realize they can make impact investments as well as giving to charity.
July 08, 2019
Fed Stands by Openness to Cut Rates in Semiannual ReportThe report was completed before the release of the stronger-than-expected May jobs report.
July 08, 2019
Deutsche Bank CEO Slashes 18,000 Jobs in $8.3 Billion RevampThe sweeping overhaul will end the bank's global equities trading business and shrink its investment bank and key fixed-income business.
July 08, 2019
Wealth Management M&A Deals on Track to Top 200 This YearBreakaway activity reached a new high in the second quarter, Echelon Partners reports.
July 08, 2019
MassMutual, CommonBond Offer Student Loan ReFi Plan: Portfolio ProductsAlso, Buffalo Funds introduces cheaper institutional class for all funds.
July 08, 2019
Gary Shilling: The Recession May Have Already BegunIn that case, bond yields are heading sharply lower, says Shilling, who has a strong track record of correct forecasts.
July 08, 2019
There's No End in Sight for the US IPO FrenzyThe second quarter was the busiest for IPOs since the third quarter of 2014.
July 08, 2019
Rate-Cut Bets on the Line After Friday's Jobs ReportTraders will tune in to Fed speakers this week, including Chairman Powell, who testifies before House and Senate committees.