Economy & Markets
The important economic and stock market news that advisors need to know.
May 16, 2024
Buffett's Berkshire Reveals $6.7B Stake in Insurer ChubbThe conglomerate has been building the stake since 2023, and the SEC allowed Berkshire keep it confidential.
May 16, 2024
12 Worst States for Financial StabilityIn some areas, up to 46% of Americans struggle to pay for essentials, according to the Census Bureau.
May 15, 2024
Social Security COLA Estimate for 2025 Climbs Again to 3.2%Prices rose 3.4% from 12 months ago, new CPI data shows.
May 15, 2024
The 20 Best Stocks to Buy: MorningstarThese companies have solid competitive advantages and are expected to outearn their costs of capital for at least 20 years.
May 14, 2024
7 Top Q1 Annuity Earnings SurprisesExecutives sat down, opened up the phones to the analysts and got real.
May 14, 2024
More Advisors Plan to Recommend Crypto: SurveyThe advent of spot bitcoin ETFs and a surge in price are piquing advisor interest, Ric Edelman says.
May 13, 2024
10 Misconceptions About the Stock MarketAdvisors need to help clients see the full picture, especially when things are not going their way.
May 13, 2024
Stifel Forecasts S&P 500 Will Drop 10% as Soon as This QuarterThe firm projects a jump in a key inflation gauge, delay in monetary easing and plunge in stocks.
May 13, 2024
GameStop Shares Soar as 'Roaring Kitty' ReturnsThe stock, which famously soared over 2,000% in early 2021, rose as much as 119% Monday.
May 13, 2024
Trump Pledges Broad Tax Cuts in Election PushBiden plans to end tax cuts that benefit wealthy households and would raise levies on them, too.