Economy & Markets
The important economic and stock market news that advisors need to know.
10 States With the Fewest Social Security Recipients
By Bernice NapachIn most of these states, 15% or more of the population is collecting Social Security retirement benefits.
May 03, 2018
Three Reasons to Worry Less About the Markets: Goldman SachsStrong global growth continues amid easing technical headwinds; risk of recession lurks in distance 'but we are not there yet'
May 02, 2018
Fed Leaves Rates Unchanged, Says Inflation Close to TargetDespite the rise in inflation, Fed policymakers still expect gradual increases in the fed funds rate.
May 02, 2018
S&P Dow CEO Says His Firm Decided Against Crypto Indexes for NowHe doesn't want to develop an index used in a product that either 'manipulates markets or is easily manipulated.'
May 02, 2018
U.S. Increases Debt Sales as Deficit Grows, Plans 2-Month BillsThe Treasury is increasing sales of 3-, 10- and 30-year Treasuries by $1 billion each in the next auctions.
May 02, 2018
5th Circuit Denies AARP, States' Request to Intervene in DOL Fiduciary RulingDrinker Biddle's Fred Reish speculated to ThinkAdvisor on Labor's next move.
May 01, 2018
10 Best College Majors for Getting HiredA New York Fed study shows the value of a college education in finding work as well as wide differences in salaries based on majors.
May 01, 2018
The Flatter US Yield Curve Is Roiling Mom and Pop InvestorsTheir purchases of some structured debt products with initially high yields are now returning little or no income as well as capital losses.