Economy & Markets
The important economic and stock market news that advisors need to know.
Clinton Rips Trump's Tax Plan as Boon to Wealthy Like Him
By Jennifer EpsteinThe Democratic presidential nominee says her proposals would have broad benefits for most Americans.
August 10, 2016
Saudi Arabia Reports Record Oil Output on Summer DemandRefiners in U.S., Europe could cut purchases on weak profits; blocs output rises to 33.1 million barrels a day in July.
August 10, 2016
Should You Hoard Cash Before the Election?Gary Shilling suggests cash allocations of 30% to 50%; S&P's Sam Stovall says holding cash makes sense. But there are less dramatic ways to speculate.
August 09, 2016
Kleintop: Does Zika Pose an Olympic-Sized Risk to Stocks?To determine Zika's effect, Schwab's Jeffrey Kleintop looks at three relatively recent viral epidemics and their impact on the economy and markets.
August 09, 2016
Here's a Reason Baby Boomers Could Curb U.S. Growth This DecadeOutput per capita will take a hit as workers older than 60 make up more of the labor force, according to an NBER study.
August 09, 2016
Retirement Security a Minor Concern in Election: PollAmericans think terrorism, the economy and health care are the most important problems facing the country, according to Personal Capital's election survey.
August 09, 2016
20 Wealthiest US Olympic Athletes in RioSome of the athletes seeking gold this month already have a bit tucked away.
August 08, 2016
Trump: 'Taxes Are One of the Biggest Differences in This Race'In a Detroit speech, Donald Trump laid out his plans to cut business and personal income taxes and eliminate the federal estate tax.