Economy & Markets
The important economic and stock market news that advisors need to know.
Liz Ann Sonders: Two Major Indexes Hit Correction Territory
By Dinah Wisenberg BrinConcerns over tariffs, DOGE cuts and immigration policy are hitting stocks, the Schwab analyst noted.
March 04, 2025
12 States Where the Top 1% Earn the MostThe richest Americans earned 3.4% less in 2022 than in 2021, newly released IRS data shows.
March 04, 2025
BlackRock Buys Hutchison's Panama PortsThe deal is the largest infrastructure purchase in BlackRock's history after it bought infrastructure specialist GIP in 2024.
March 04, 2025
SEC May Close Offices in Philadelphia, Los AngelesThe moves are part of a General Services Administration plan to cut government office space and related costs.
March 03, 2025
8 Billionaire Trends Over the Past Decade: UBSBetween 2015 and 2024, the number of global billionaires increased from 1,757 to 2,682, research found.
March 03, 2025
SEC Dangles $50K Incentive for Employees to Resign or RetireThe voluntary separation incentive, or voluntary early retirement program, has a March 21 deadline.
March 03, 2025
4 Pillars to Start Planning Your ExitIf 2025 is the year to switch firms, it's time to determine how to ensure a smooth transition.
March 03, 2025
Goldman Strategist Warns S&P 500 Rally Faces HurdlesDavid Kostin, who was bullish in 2024, says "equity returns will be more modest" in 2025.