Economy & Markets
The important economic and stock market news that advisors need to know.
The Federal Reserve risks helping Donald Trump
By Noah SmithThe Fed is poised to raise interest rates again, after raising them in December for the first time in more than nine years.
June 06, 2016
Yellen Sees Rates Rising Gradually but Avoids Precise TimingYellens speech is clearly aimed at calming nerves after a weak jobs report, an economist says.
June 06, 2016
Swiss rejection shouldn't doom universal basic incomeUniversal basic income is not necessarily a utopian idea. With a less hasty, radical approach, UBI might still gain traction.
June 06, 2016
Swiss rejection shouldn't doom universal basic incomeUniversal basic income is not necessarily a utopian idea. With a less hasty, radical approach, UBI might still gain traction.
June 03, 2016
Yes, a Six-Figure Income Means You’re AffluentThe mortgage interest tax deduction is largely a subsidy for the affluent, and if your household makes over $100,000, that means you, Justin Fox writes.
June 03, 2016
Bill Gross: Historic 40-Year Stock and Bond Run Is OverTo say that Janus bond fund manager Bill Gross is negative on the financial markets would be a major understatement.
June 03, 2016
Weak Jobs Report, Rate Hike & Recession Concerns Push Financials Down, Gold UpCME Group says the chance of a June rate hike is about 6%, sending investors into gold and similar holdings.
June 03, 2016
Weak U.S. Jobs Report Pulls Rug From Under June Fed Rate HikeThe argument for a June interest rate hike from the Federal Reserve has evaporated with the news that only 38,000 jobs were created in May.