Economy & Markets
The important economic and stock market news that advisors need to know.
12 States With the Highest Life Insurance Premium Spending per Adult
By Allison BellHigh-ranking states may have a quiet force promoting economic stability for families.
July 18, 2025
T. Rowe Price Cuts Jobs Across the Firm After Years of OutflowsThe firm's clients pulled about $43 billlion from its funds in 2024, for instance.
July 16, 2025
Treasurys, Dollar Whipsawed by Reports on Trump’s Plan for Fed"Just threatening to 'fire' him is a bad precedent. It sends a bad message to the market," said Schwab's Kathy Jones.
July 16, 2025
Trump Denies Plan to Axe Powell After Floating Idea to LawmakersHe said Wednesday: "I don’t rule out anything, but I think it’s highly unlikely, unless he has to leave for fraud."
July 16, 2025
Trump Likely to Fire Powell Soon, White House Official SaysIn doing so, Trump would test the legal bounds of his authority over the central bank and independent agencies.
July 15, 2025
Vanguard's CEO Looks to Innovate Without Selling OutThe firm is moving into AI and private credit while striving to maintain its low-cost ethos, Salim Ramji says.
July 15, 2025
Workers Think They'll Need $1.3M to Retire: SurveyOnly 30% believe they will reach $1 million in savings, Schroders research found.
July 15, 2025
Bonds Steadied Annuity Issuers in Q2: Morgan StanleyBut the issuers faced other economic risks, analysts warned ahead of earnings season.