Economy & Markets
The important economic and stock market news that advisors need to know.
Goldman Sachs Slashes CEO Solomon's Pay About 30%
By Sonali Basak | Steve DicksonHis package includes a $2 million base salary and $23 million in variable compensation, mainly in restricted stock units.
January 26, 2023
NYSE Mayhem Traced to Staffer 700 Miles AwayBehind closed doors, NYSE executives are grappling with both the potential cost and the impact on the exchange's reputation.
January 25, 2023
'It's a Grind' as Investors Watch for Market Bottom: Merrill's HyzyThe market-bottoming process is near the end, but more clarity is needed, according to a Merrill executive.
January 25, 2023
Market, Economy Likely to Worsen Before Improving: JPMorgan Strategist"Overall, we do think the direction of the economy is south," JPMorgan's Marko Kolanovic said.
January 25, 2023
Markets Are Worried About the Debt Ceiling. These Charts Show How Much.These graphs show just how jittery markets are getting and what timeframes they're most concerned about.
January 25, 2023
Advisors Bullish on Crypto, See Long-Term Price Rise: StudyFifteen percent of advisors surveyed say that they had allocated to cryptocurrency in client accounts in 2022.
January 25, 2023
How Would Your Clients Score on FINRA's Investor Quiz?FINRA revealed how investors scored on a 10-question quiz, finding knowledge gaps advisors should be aware of.
January 25, 2023
NYSE Finds Culprit of Glitch That Caused Market ChaosOver 1,300 trades and some 84 stocks were affected and marked as "aberrant" yesterday, the exchange said.