Economy & Markets
The important economic and stock market news that advisors need to know.
AI Boom Is 'Trickling Down' to Old-Line Stocks, Wells Fargo Says
By Joel LeonBig-tech AI spending should send industrial stocks higher, a strategist says.
August 03, 2026
10 States With the Biggest Jumps in Wage InequalityThe top 10% of earners are pulling farther ahead of the median in these states, according to SmartAsset.
August 03, 2026
Gary Shilling Warns of Trillion-Dollar 'Wipeout' if AI Profits Fall ShortDisappointing tech profits could lead to contagion in the rest of the market, the economist and advisor says.
July 31, 2026
Near-Retirees Fear Running Out of Time to Travel, Not Money: SurveyAdvisors can help clients make the most of their healthy years to enjoy trips without depleting savings.
July 31, 2026
Wall Street's Wealth Managers Are Vying for AI's Growing EliteLending demand at JPMorgan's global private bank has grown tenfold in recent months.
July 30, 2026
Wall Street Delivers Harsh Verdict on Warsh FedThough the bond market steadied from the selloff he unleashed, experts say the Fed chair's remarks have left plenty of doubts about where monetary policy is headed.
July 30, 2026
One Group of Private Assets Is on the Cusp of Significant Growth: CerulliThis trend underscores the need for firms to develop strategic partnerships to attract advisor-intermediated assets, research finds.
July 30, 2026
Mortgage Rates Rise to 6.66%, Highest Level in a YearThe average for a 30-year fixed loan increased to 6.66% from 6.58% a week earlier, Freddie Mac said.