Economy & Markets
The important economic and stock market news that advisors need to know.
Fidelity Hiring for Digital Assets Platform
By Bernice NapachThe news comes three weeks after the industry giant said it wants to fill some 4,000 new client-facing positions.
November 05, 2020
Fed Stays on Sidelines With Election Results UncertainIt kept the federal funds rate at 0-0.25% and made no change to monthly asset purchases.
November 05, 2020
Election Results: 6 Market Predictions Based on What We Know NowSeveral potentially market-moving developments are likely based on the election results so far, according to Dan Clifton of Strategas Securities.
November 05, 2020
Consumer Confidence in Insurance Sector Surges: LIMRAA recent survey also finds Americans deeply concerned about the pandemic and the U.S. economy.
November 04, 2020
What's Next for Stimulus, Markets as Election Remains UndecidedMarket strategists urge investors to focus on the long term as political analysts ponder the future of health care and stimulus measures.
November 03, 2020
8 States With Tax Questions on the BallotProposals included income tax hikes and legal marijuana could help states replenish coffers drained by the COVID crisis.
November 03, 2020
Jackson National Lays Off 150 WorkersThe layoffs are due to "economic conditions and a decline in industry sales," a company spokesperson said.
November 02, 2020
Yes, We Could Get Some Certainty on Election NightTwo key swing states could report the bulk of their vote counts, and if Trump loses them, it's likely over, BNY Mellon's deputy CIO says.