Economy & Markets
The important economic and stock market news that advisors need to know.
BlackRock’s Cash-Like ETF Eclipses Infamous Long-Bond Trade
By Emily Graffeo and Ye XieOne fund has emerged as a haven for cautious cash holders; the other continues to fall out of favor.
July 07, 2025
Stocks Sink on Trump’s Latest Tariff PlansHigher tariffs being considered include levies of 25% on goods from Japan and South Korea, for instance.
July 07, 2025
JPMorgan to Cut Another 88 Jobs in Jersey CityThe banking giant says it's looking to "redeploy" affected employees.
July 07, 2025
Bob Doll Checks In on His 10 Predictions for 2025At midyear, the Crossmark CEO finds four of them heading in the right direction.
July 07, 2025
BlackRock to Buy $7.3B Real Estate FirmThe firm plans to integrate ElmTree into its Private Financing Solutions platform.
July 04, 2025
Trump Signs His Tax-and-Spend Bill at White House CeremonyHe signed the bill into law Friday, enshrining an extension of tax cuts and steep cuts to some health programs.
July 03, 2025
House Sends $3.3T Tax Package, With HSA Provisions, to TrumpThe One Big Beautiful Bill Act also renews many current tax provisions and imposes health program funding cuts.
July 03, 2025
Trump Wins Broad Economic Policy Shift as House Passes Tax BillThe 218-214 vote in the House sends the legislation to Trump, in time for his July 4 deadline.