Economy & Markets
The important economic and stock market news that advisors need to know.
State Street to Vote Against More Directors at Male-Only Boards
By Andrea Vittorio and Jeff GreenAlmost 1,000 boards still lack even one female director; bank will give companies three years to find women candidates.
September 26, 2018
Is the Middle Class Disappearing?Americans are losing their optimism in this cornerstone of the nation's identity, Northwestern Mutual reports.
September 26, 2018
3 in 4 DC Plan Participants Miss Their Savings Goals: JPAMMore than half of workers under 30 expect their employer to help them pick the right investments versus 18% of workers over 55.
September 26, 2018
Fewer Kids Could Mean Lower Benefits, Fewer Caregivers in FutureThe fertility rate in the U.S. has fallen despite the economic recovery, CRR reports.
September 26, 2018
Fed Raises Rates and Says More Coming, Brushing Off Trump JabsThis is the Fed's eighth rate hike since late 2015 and it moved the Fed Funds rate up to 2%-2.25%.
September 26, 2018
10 States With the Fastest Job GrowthWhen relocating, whether millennial, Gen Xer or young tail-end boomer, why not live where there are more jobs?
September 25, 2018
Ultra-Rich Families Ride Stocks Surge to Double Annual GainsFamily offices returned 15.5% on average last year; UBS and Campden Wealth Surveyed 311 family offices globally.
September 24, 2018
Emerging Markets Facing Trade Reality Check'Pressure on EM will remain, as the U.S.-China trade tensions continue to simmer in the background, said one Singapore-based analyst.