Economy & Markets
The important economic and stock market news that advisors need to know.
Ken Leech Pleads Guilty to Obstructing SEC Probe Into $600M Trades
By Bob Van Voris, Chris Dolmetsch and Silla BrushThe former star bond trader admitted at a court hearing that he lied to the Securities and Exchange Commission.
June 11, 2026
SpaceX IPO Raises $75B in Biggest Debut of All TimeThe company debuts on Nasdaq and Nasdaq Texas Friday under the symbol SPCX.
June 11, 2026
12 States Where Advisor Income Grew the Most in 2025Of the 40 states with available data, SmartAsset reports, all but 11 saw advisors' median income increase.
June 11, 2026
Banks Lay Groundwork for Mass Workforce Cuts as AI Takes HoldMany financial executives are in agreement: Jobs will be cut as AI is implemented.
June 11, 2026
Stocks Climb as Trump Signals U.S.-Iran Deal Is NearEquities halted a two-day slide, with the S&P 500 rising over 1%. U.S. oil sank to around $87.
June 11, 2026
SEC Proposes to Scrap Trade-Through Rule for Equities ExecutionSEC Chairman Paul Atkins has been a critic of the rule since its inception.
June 11, 2026
Trump Taps Wall Street Top Cop Jay Clayton as Intelligence ChiefThe move follows the president's controversial selection of housing regulator Bill Pulte to serve in the role on an acting basis.
June 11, 2026
RIA Consolidation Will Push the Channel Past $4T in 10 Years: CerulliFirms increasingly turn to mergers and acquisitions to drive scale and respond to evolving client demands, research finds.