The Wealth Advisor

Contributor

The Wealth Advisor is today’s most relied-on source of news and education for planners and advisors. We scan the news so you don’t have to, sending you what you don’t want to miss…but don’t always have time to find yourself without poring through dozens of publications. The Wealth Advisor sends you a handy once-a-week list of the most important news, hand-picked by our staff for its importance to investment advisors and their practices.

Why NYC Apartments Could Become a Big Problem for NYCB

Investors have punished the stock of commercial real estate lender New York Community Bancorp (NYCB) so far this month.

Exclusive-Citi Hit by New Fed Rebuke, Setbacks on Consent Orders

U.S. regulators have asked Citigroup for urgent changes to the way it measures default risk of its trading partners.

Corporate America’s Surprising Profits Help Propel Stock Rally

With earnings season around two-thirds done, Corporate America is solidly beating expectations. Wall Street is ratcheting up its profit forecasts.

Recession Worries Recede

For the week, the S&P gained 1.4%. The index is now up 5.4% year to date and up 40.5% from its October 12, 2022 closing low of 3,577.03.

Why a Stalled Bill on Capitol Hill Could Make for a ‘Very, Very Stressful Tax Season’

Lack of direction from Congress on a $78 billion tax package could complicate filing season for millions of taxpayers.