Apex to Unveil Alts Functionality

Published on February 20, 2025

The fintech aims to embed alts investment management into its standard brokerage infrastructure, with a product launch scheduled for the first half of this year.

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Unemployment Claims Up 5K, Higher Than Expected

February 20, 2025
In the week ending February 15th, initial jobless claims were at a seasonally adjusted level of 219,000. This represents an increase of 5,000 from the previous week's figure. The latest reading was higher than the 214,000 forecast.

Philly Fed Manufacturing Index: Activity Continued to Expand in February

February 20, 2025
The latest Philadelphia Fed manufacturing index showed continued expansion though activity declined. In February, the index fell to 18.1 from 44.3 in January, the largest monthly drop since 2020. The latest reading was lower than the forecast of 19.4.