Economy & Markets
The important economic and stock market news that advisors need to know.
Debate: Does the U.S. Benefit From Trump's Tariffs?
By Robert Bloink and William H. ByrnesIf tariffs on Canada and Mexico become effective, a 25% levy will be imposed on virtually any product from these countries.
February 05, 2025
Pimco's Ivascyn Embraces Trump-Driven Bond Market VolatilityHis approach has helped the Income Fund rally in the past three months, beating 96% of rivals.
February 05, 2025
10 Best Stocks to Buy Now: MorningstarThese companies have predictable cash flows and a history of making smart capital-allocation decisions, analysts say.
February 05, 2025
Apollo Raises Record From Private Wealth as Credit GrowsWealthy clients helped the firm attract $100 billion of assets to its credit products last year.
February 04, 2025
Franklin Resources Cuts 3% of WorkforceThe $1.6 trillion money manager is consolidating operations after clients of its Western Asset unit redeemed $120 billion.
February 04, 2025
Robinhood Says CFTC Asked It to Halt Super Bowl WagersThe agency said it has "serious concerns" about firms offering access to contracts that may not be legally permissible.
February 03, 2025
Trump Signs Executive Action to Create Sovereign Wealth FundThe fund could be used to facilitate the sale of TikTok, which is still operating in the U.S.
February 03, 2025
Trump Tariffs Will Backfire: Greg ValliereTrump is overplaying his hand, "needlessly making enemies for life," says the AGF Investments policy strategist.