Economy & Markets
The important economic and stock market news that advisors need to know.
How Worrying Is the New Social Security Trustees Report?
By John ManganaroCongress should act now to shore up the program as the funding shortfall won't self-correct, actuaries say.
May 23, 2024
Schwab to Launch Alts Platform for Individual InvestorsThe new platform is aimed at qualified, self-directed investors with more than $5 million in assets.
May 22, 2024
RIAs See Growth Potential in Clients' Savings Accounts: SurveyMulti-year guaranteed annuities could help advisors attract those assets, Security Benefit and DPL Partners suggest.
May 22, 2024
A New Study Links Partial Retirements to a Surge in Spending. What Gives?A new J.P. Morgan survey shows more than half of married American households do not retire all at once, instead embracing "partial" retirements.
May 22, 2024
Ivan Boesky, Convicted of Insider Trading in 1980s, Dies at 87The high-flying trader speculator was exposed as a cheat in a scandal that defined the era and sent him to prison for two years.
May 21, 2024
Consolidation Meets AI at Industry EventIn the opening keynote at WealthStack, Joe Duran warned advisors about the hidden costs of inorganic growth.
May 21, 2024
Here Is Americans' Favorite Long-Term Investment: SurveyThe top pick is consistent across income and political divides, Gallup finds.
May 21, 2024
S&P 500 Wavers Near Record in Run-Up to Nvidia EarningsThe index hovered near 5,315, as market watchers await the chipmaker's latest earnings report, set for tomorrow after the close.