Economy & Markets
The important economic and stock market news that advisors need to know.
Apple's Tariff Tradeoff: Raise Phone Prices or Suffer Margin Hit
By Mark Gurman and Shawn DonnanTariffs leave the company with a difficult choice: Raise prices on already-pricey products and risk missing out on sales, or absorb the extra cost and let profits suffer.
May 15, 2019
US Stock Outlook Hinges on Battle Between Humans and MachinesThe winner may determine the near-term direction for a U.S. stock market that's wavering under the strain of an escalating trade war.
May 15, 2019
Fund Managers Are Worried About China: Merrill SurveyFund managers said a trade war and a slowdown in China were their top two concerns.
May 14, 2019
Alice Rivlin, Fed Vice Chair Who Was Budget Hawk, DiesShe was founding director of the Congressional Budget Office; CBO was the 'official purveyor of bad news to the Congress.'
May 14, 2019
Trump Wants Fed to Cut Rates to Match China's Expected EasingThis push may help him to blame the Fed if the escalating trade dispute causes the U.S. economy to stumble.
May 13, 2019
Is the China Trade War as Troubling as It Seems?Can the strong U.S. economy weather the side effects of an exchange of tariffs?
May 13, 2019
Consumers Expect Big Increases in College and Health Care CostsBoth are expected to increase at roughly three times the median inflation rate over the next 12 months.
May 13, 2019
How Much Money Do You Need to Be Wealthy in America?It's a slight drop from last year, and the answer varies by generation.