United States – Advisor's Edge https://phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Thu, 28 Sep 2023 13:56:03 +0000 en-CA hourly 1 https://wordpress.org/?v=5.9.3 https://phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png United States – Advisor's Edge https://phoenix.advisor.ca 32 32 Yellen details tighter scrutiny of investment plans of foreign owned companies operating in the U.S. https://phoenix.advisor.ca/news/economic/yellen-details-tighter-scrutiny-of-investment-plans-of-foreign-owned-companies-operating-in-the-u-s/ Thu, 14 Sep 2023 18:50:42 +0000 https://www.advisor.ca/?p=230773 Treasury secretary says Committee on Foreign Investment is adapting to a changing global economy

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]]> Retail sales rise 0.6% in August largely due to a spike in gas prices https://phoenix.advisor.ca/news/economic/retail-sales-rise-0-6-in-august-largely-due-to-a-spike-in-gas-prices/ Thu, 14 Sep 2023 15:10:19 +0000 https://www.advisor.ca/?p=230752 Fifth straight monthly gain reflects resilient economy despite tough economic environment

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]]> SEC alleges Virtu failed to guard client data https://phoenix.advisor.ca/news/regulation/sec-alleges-virtu-failed-to-guard-client-data/ Wed, 13 Sep 2023 21:04:36 +0000 https://www.advisor.ca/?p=230744 Firm rejects regulator's allegations, cites political motive for action

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]]> Three officials sworn in at Federal Reserve https://phoenix.advisor.ca/news/economic/three-officials-sworn-in-at-federal-reserve/ Wed, 13 Sep 2023 19:44:07 +0000 https://www.advisor.ca/?p=230734 Governing board reaches full strength with Biden appointees

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]]> High gas prices push up inflation, but prices overall are slowly moving in the right direction https://phoenix.advisor.ca/news/economic/high-gas-prices-push-up-inflation-but-prices-overall-are-slowly-moving-in-the-right-direction/ Wed, 13 Sep 2023 16:25:34 +0000 https://www.advisor.ca/?p=230717 Decline in the core measure points to inflation coming under control

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]]> Bond market suggests “soft landing” for U.S. https://phoenix.advisor.ca/news/economic/bond-market-suggests-soft-landing-for-u-s/ Fri, 25 Aug 2023 16:35:04 +0000 https://www.advisor.ca/?p=230124 Narrowing bond spreads signal confidence in borrowers, economy

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]]> Powell at Jackson Hole: Economy’s solid growth could dictate additional rate hikes https://phoenix.advisor.ca/news/economic/powell-at-jackson-hole-economys-solid-growth-could-require-additional-rate-hikes/ Fri, 25 Aug 2023 15:36:23 +0000 https://www.advisor.ca/?p=230112 Reiterates the central bank's determination to keep its benchmark rate elevated until inflation falls to 2% target

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]]> With U.S. economy still humming, are we facing higher-for-longer interest rates? https://phoenix.advisor.ca/news/economic/with-u-s-economy-still-humming-are-we-facing-higher-for-longer-interest-rates/ Wed, 23 Aug 2023 18:05:59 +0000 https://www.advisor.ca/?p=230028 As central bankers gather at Jackson Hole conference this week, speeches will be scrutinized for hints

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]]> Fed minutes: Too-high inflation, still a threat, could require more rate hikes https://phoenix.advisor.ca/news/economic/fed-minutes-too-high-inflation-still-a-threat-could-require-more-rate-hikes/ Wed, 16 Aug 2023 18:47:31 +0000 https://www.advisor.ca/?p=229782 Policymakers said they "need to see more data" to be sure inflation pressures are abating

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]]> Biden pitches his economic policies as key to a revival of manufacturing jobs https://phoenix.advisor.ca/news/economic/biden-pitches-his-economic-policies-as-key-to-a-revival-of-manufacturing-jobs/ Wed, 09 Aug 2023 16:38:34 +0000 https://www.advisor.ca/?p=229562 In re-election speeches, U.S. president says his agenda has triggered a resurgence in factory work

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