Economy & Markets
The important economic and stock market news that advisors need to know.
BofA to Sell $20B Alt Operations to iCapital
By Katherine ChiglinskyThe sale will help Bank of America further simplify its operations.
September 19, 2018
Regulators Warn of Hurricane Florence-Related Scams"When a natural disaster strikes, it's not uncommon for scammers to rush in," said FINRA's Walsh, as self-regulator released Investor Alert.
September 18, 2018
How to Play the Bond Market as the Yield Curve FlattensInsights from strategists Kathy Jones and Collin Martin from the Schwab Center for Financial Research.
September 18, 2018
10-Year Treasury Yield Tops 3%. Will Short-Term Yields Follow?The strong possibility that they will creates a tough choice on duration for bond traders.
September 18, 2018
10 Things People Still Get Wrong About the Financial CrisisAll are the result of bias, ignorance, laziness or bad faith.
September 18, 2018
1 in 5 Investors Can't Name the Funds They Own: ReportFidelity and Vanguard stand out for brand awareness, Hearts & Wallets finds.
September 18, 2018
Tesla Facing Criminal Probe Over Musk StatementsCompany got document request and is cooperating; inquiry started after CEO claimed he had funding to go private.
September 18, 2018
Fund Managers Are Bearish on Global Growth: MerrillThe U.S. is the most-favored equity region globally, according to Merrill's fund manager survey.