Economy & Markets
The important economic and stock market news that advisors need to know.
October 09, 2024
Wall Street Salaries Fall Further From Pandemic HeightsThe 5.2% drop on the prior year was largely due to smaller bonuses, which were $176,500 on average.
October 09, 2024
20 Worst-Paying College Majors: 2024There's more to picking a career than money, but it's important for students to choose with open eyes.
October 08, 2024
Jeremy Siegel Says S&P Could Hit 6,000 in 2024But returns will likely be more subdued in 2025, the economist says.
October 08, 2024
5 Costliest U.S. Hurricanes Since 1900The biggest economic hit comes from a quiet, long-term increase in mortality, a researcher contends.
October 04, 2024
7 Portfolio Tips for a Falling-Rate Environment: Advisors' AdviceHere's how advisors are positioning their clients now.
October 04, 2024
El-Erian Warns Fed After Jobs Data: 'Inflation Is Not Dead'His comments came after Friday's job data blew away estimates, triggering a jump in U.S. stocks and bond yields.
October 04, 2024
Fed's Half-Point Rate Cut Was 'A Mistake': Larry SummersHis views follow news that the unemployment rate fell to 4.1% in September.
October 04, 2024
10 Good Stocks That Are Cheap Now: MorningstarThese picks from Morningstar's list of favorites are trading at a discount, analysts say.
October 04, 2024
Jobs Data Wipes Out Bets on Big Fed CutsSeptember U.S. employment data blew past estimates and signaled a robust hiring trend.
October 03, 2024
Fidelity Plans Latest Mutual Fund-to-ETF FlipThe two municipal bond funds are expected to be converted next year, according to two separate regulatory filings.