Economy & Markets
The important economic and stock market news that advisors need to know.
Political Uncertainty Hangs Over Life and Annuity Sector at S&P Meeting
By Allison BellEverything has been going pretty well for the companies, except the world.
June 04, 2025
Republican Tax Bill Adds $2.4T to Deficits: CBOThe figure reflects a $3.67 trillion drop in expected revenues and a $1.25 trillion decline in spending through 2034.
June 04, 2025
Number of 401(k) Millionaires Drops Nearly 5%The market downturn in the first quarter substantially reduced that cohort on Fidelity’s platform.
June 03, 2025
BlackRock Escapes Texas Oil-Boycott Blacklist After ESG RetreatThe state's pension funds and investment accounts can buy the firm's shares and ETFs and hire it for advice.
June 03, 2025
10 States Where the Top 5% Earn the MostThese locales' highest earners dwarf Americans' median yearly income of some $81,000, WalletHub research found.
June 03, 2025
15 Best State Economies: 2025WalletHub ranked the states on factors like business growth, unemployment and innovation potential.
June 03, 2025
Alternative Assets Aren't a Good Deal for Clients: Expert"Alts bring extraordinary costs but ordinary returns," says investment consultant and author Richard Ennis, CFA.
June 03, 2025
Goldman, Morgan Stanley and JPMorgan Laying Off Staff in JuneHundreds of positions are being cut in New York and New Jersey.