Economy & Markets
The important economic and stock market news that advisors need to know.
Here's Where Advisors' Income Is Growing Fastest
By Michael S. FischerAdvisors' income grew at least 36% year over year in these 15 metro areas, according to SmartAsset.
June 07, 2024
Wealthy Families Fuel $20B Private Equity Buyout WaveThey've made a mark on Wall Street as go-to sources of capital for investment firms like KKR & Co. and Silver Lake.
June 07, 2024
New Book Blames Yuppies for Trump, Housing — Basically EverythingTheir success came from a changing economy organized around manufacturing money into more money, says author Tom McGrath.
June 07, 2024
Trump Tax Cut Renewal Is Winning Wall Street Despite $4.6T Price TagMany conservatives say the cuts will pay for themselves, but independent analyses show that has not happened.
June 07, 2024
15 Most Livable Small and Midsize U.S. CitiesLivability.com used about 100 data points to rank cities with populations between 75,000 and 500,000.
June 07, 2024
El-Erian Says Strong Jobs Data Closes Door on July Fed Rate Cut"There is no way they can cut," regardless of next week's inflation data, Allianz's chief economic advisor says.
June 06, 2024
GameStop Shares Soar as Keith Gill Schedules YouTube ReturnThe stock's price surged as much as 41% to $44.41 as of 1:45 p.m. in New York, triggering a volatility halt.
June 06, 2024
8 Reasons Retirement Has Gotten Harder for the Affluent: Michael FinkeFinancial planning clients generally live longer than the average American, adding to the financial strain of retirement.