Andrew Bosomworth, managing director and head of portfolio management in Germany at Pimco, discusses Europe nearing a liquidity trap and why European Central Bank policy is increasingly subordinated to fiscal policy. He speaks with Bloomberg's Guy Johnson on "Bloomberg Markets."...
Freelancing creatives and artists have a bad rap when it comes to money. Many of them shun it, avoid dealing with it, or aren't sure how to make more of it. As I'm working toward being a financial coach to...
A significant portion of U.S. adults are delaying starting to save for retirement until a decade or more into their working career — far later than what financial experts advise. Just 39% of adults who are saving for retirement started...
Although the U.S. economy continues to grow and add jobs, talk of a recession is increasingly in the air due to a number of worrying signs. Business investment and consumer confidence are taking a hit due to the growing economic...
Americans aren't exactly known as strong savers, which explains why so many live paycheck to paycheck. But in a survey by the CFP Board released earlier this year, 48% of U.S. adults aren't saving any money for retirement. And that's...
Choosing a financial advisor has always been a confusing, high-stakes decision, and critics say a recent regulation designed to help consumers may actually have made it harder to know whom to trust. On its face, the new measure, known as...
There is some $15 trillion in government debt that now yields less than zero, and former Federal Reserve Chairman Alan Greenspan believes there’s no reason why U.S. government bond yields couldn’t join much of the developed world in the subzero...
On August 5th the Trump administration deployed another weapon in its fight with China: name-calling. After some grousing on President Donald Trump’s twitter feed, the Treasury officially designated China a currency manipulator. The Chinese government stands accused of devaluing its...
S&P 500 Index jumps more than 1% after six days of losses China rebuffs U.S. Treasury’s currency manipulator designation U.S. shares clawed back some of their recent losses after China’s move to stabilize its currency fueled speculation cooler heads will...
Retirement can be one of the happiest stages of your life, but it can also be one of the most stressful if you're not prepared for it. Nearly a third of adults age 50 and over admit they're not prepared...
One of the basic assumptions of debt is that borrowers pay interest to lenders. That idea has been upended in the global bond market. There’s now about $13 trillion in negative-yielding bonds. Investors who hold them to maturity will end...
Another Quarter, Another All Time High In June, both the Dow and S&P 500 reached new highs and marked the strongest June since 1938 and 1955, respectively. The Dow ended the quarter up 4.2% and the S&P 500 was up...
Handing over control of your money can be scary, but there are a few important questions you can ask to find the right person for the job. Financial adviser is a catch-all term that usually includes financial planners and investment...
Faced with increased scrutiny from the Department of Labor about lackluster efforts to find missing retirement plan participants, employers are asking for permission to send uncashed pension checks—money that belongs to former workers–to state unclaimed property funds. “It’s unbelievable, but...
The scene was solemn at Deutsche Bank’s offices in London, New York and Tokyo on Monday as scores of employees, belongings in hand, left their desks for the final time as the German lending giant began one of the largest...
