Economy & Markets
The important economic and stock market news that advisors need to know.
S&P Tops 5,200 as Fed Backs Rate-Cut View
By Rita NazarethThe index reached a new high as Fed officials maintained their outlook for three rate cuts this year.
March 19, 2024
These Data Points Show That Social Security Income Is EssentialThe importance of these benefits across the wealth spectrum is clear, despite debate on how to fund them.
March 19, 2024
How to Help Women Claim Social Security in 4 Different SituationsHow advisors explain clients' benefit claiming options can make or break financial success in their 80s and beyond.
March 18, 2024
Will RIAs Start Using Fixed Rate Annuities in Portfolios?The products represent a relatively attractive way to increase portfolios' potential risk-adjusted, after-tax returns.
March 18, 2024
Americans' Biggest Financial RegretsThe overall stress level around financial regrets is increasing, according to Bankrate research.
March 18, 2024
Fed Hikes Slash Household Net Interest Income in Break From PastThe annual interest on mortgages, credit cards and other debt has risen almost $420 billion since hikes started.
March 15, 2024
Goldman's CEO Says He's Optimistic About 2024 as Markets ReboundLast year, the bank embarked on one of its biggest rounds of job cuts ever, eliminating 3,200 jobs.
March 15, 2024
12 States With the Fastest Growing CFP NumbersOn net, the total number of CFPs has grown about 10,000 since 2021, SmartAsset reports.