Economy & Markets
The important economic and stock market news that advisors need to know.
Trump Tax Law to Add $3.4T to Deficits: CBO
By Jarrell DillardThe figure reflects a $4.5 trillion drop in revenues and a $1.1 trillion decline in spending through 2034.
July 16, 2025
Trump Denies Plan to Axe Powell After Floating Idea to LawmakersHe said Wednesday: "I don’t rule out anything, but I think it’s highly unlikely, unless he has to leave for fraud."
July 16, 2025
Trump Likely to Fire Powell Soon, White House Official SaysIn doing so, Trump would test the legal bounds of his authority over the central bank and independent agencies.
July 15, 2025
Vanguard's CEO Looks to Innovate Without Selling OutThe firm is moving into AI and private credit while striving to maintain its low-cost ethos, Salim Ramji says.
July 15, 2025
Workers Think They'll Need $1.3M to Retire: SurveyOnly 30% believe they will reach $1 million in savings, Schroders research found.
July 15, 2025
Bonds Steadied Annuity Issuers in Q2: Morgan StanleyBut the issuers faced other economic risks, analysts warned ahead of earnings season.
July 15, 2025
33 Bargain Stocks to Buy Now: MorningstarFinancial services and consumer defensive stocks are pricey, but there are still deals to be found, analysts say.
July 14, 2025
5 Market Themes to Watch as Earnings Season Kicks Off"There’s good money to be made, but you gotta be a stock picker," said Morgan Stanley's Lisa Shalett.