Economy & Markets
The important economic and stock market news that advisors need to know.
Blowout Jobs Report Fuels Wall Street Fear of ‘Lose-Lose’ Market
By Lu Wang and Denitsa Tsekova and Isabelle LeeA choppy start to the year turned into an all-out selloff Friday.
January 10, 2025
Bond Selloff Exposes ‘Vulnerability’ in Markets: El-ErianTen-year Treasury yields hit their highest level since 2023 on a strong December jobs report.
January 09, 2025
UBS Set to Settle Credit Suisse Tax Case: WSJ ReportsThe deal over tax evasion could come as early as this week, according to the paper.
January 09, 2025
10 Cheap Stocks With Reliable Dividends: Morningstar, 2025Investors chasing yield and ignoring reliability are at risk of falling into "dividend traps," analyst Dan Lefkovitz says.
January 08, 2025
BofA Forms Specialist UHNW GroupThe roughly 25 specialists will help Merrill advisors with loans, estate planning and investment management.
January 08, 2025
Trump Gathers SALT-Focused Allies Before Tax FightSome Republicans in New Jersey, New York and California want to raise the $10,000 deduction cap.
January 07, 2025
Americans Head Into 2025 With Financial Confidence: SurveyYet 43% say they less financially secure than at the end of 2023, New York Life finds.
January 06, 2025
Jeremy Siegel: 'Brace for a Challenging Path in 2025'Economic resilience endures amid policy uncertainties and high valuations, the economist notes.