Economy & Markets
The important economic and stock market news that advisors need to know.
Schwab Posts First Robo Results; Q2 Earnings Beat Estimates
By Janet LevauxThe brokerage firm rolled out automated advice offerings for investors and advisors this year.
July 15, 2015
BofA Takes ‘Giant Step’ as Mortgages, Cost Cuts Fuel ProfitThe news follows CEO Moynihan's remarks in May that the firm would have to cut costs further in its trading division.
July 15, 2015
What Fitbit Says About Me — and the WorldAlmost a month of using Fitbit has reminded me of some old lessons and taught me some new ones.
July 15, 2015
Canada cuts rates for 2nd time as oil shock shrinks economyCanada's central bank lowered its benchmark rate on overnight loans between commercial banks to 0.5 percent.
July 15, 2015
U.S. index futures little changed as Yellen sees 2015 rate risePolicy makers are emphasizing that the pace of subsequent interest rate increases will be gradual.
July 14, 2015
India’s Economy: Beyond ModiExpectations of Prime Minister Modis economic vision have run ahead of his execution. So does the investment case for allocating to Indias equity market still hold up?
July 14, 2015
Investors Stampede to Cash on China Concerns, BofA Merrill Survey FindsEuropean stocks seen as more attractive in July fund manager survey.
July 14, 2015
Wells Fargo Profits Flat, but Wealth Unit JumpsThe wealth units Q2 results had an 11% rise in profits on higher asset-based fees.