A global retirement index measures 43 nations on income inequality, financial stability, happiness, and more. In the retirement security Olympics, it's a sweep for northern Europe. Norway, Switzerland, and Iceland won the top three spots in Natixis Global Asset Management's...
The Brexit is Coming, the Brexit is Coming… June 23rd, 2016 will be a day that lives in infamy, at least for the members of the European Union (EU). News of the Brexit, the United Kingdom’s vote to exit the...
Jobs, labor force are declining; housing construction in epic boom. The San Francisco housing bubble – locally called “Housing Crisis” – needs a few things to be sustained forever, and that has been the plan, according to industry soothsayers: an...
U.S. 10-year notes pare gains after yields fall to record low Fed minutes show heightened uncertainty after payrolls slump The 2016 bond-market rally that drove Treasury yields to record lows this week has generated more than half a trillion dollars...
The European Parliament's first debate on the UK's vote to leave has been marked by bitter exchanges. A central figure in the Leave campaign, UK Independence Party (UKIP) leader Nigel Farage, was booed, called a liar and accused of using...
Stocks (^DJI, ^GSPC, ^IXIC) are tanking as investors digest news of the Brexit. Financials (XLF) are getting slammed the hardest, with utilities (XLU) the only sector in the green. Keith Bliss of Cuttone & Co. joins us live from the New York Stock Exchange, and...
America is slipping backward, if you buy the angry rhetoric from this year’s presidential campaign. The rich are getting richer, the middle class can barely make it and the ranks of the poor are swelling. Except the numbers tell a...
These are the basics of running your financial life. Just 8 percent of college students taking a recent survey gave themselves an A for how well they manage their finances. In a larger, 2014 survey of U.S. adults, 18 percent...
Retail sales rise more than forecast in May after April surge Brexit also restraining Fed this month and maybe in July American consumers weren’t letting a slowdown in hiring prevent them from going on a shopping spree. Retail sales increased...
A friendly reminder to all Costco credit cardholders: You'll need to have your new Costco Anywhere Visa credit card on hand to shop at Costco stores and online starting June 20—the day the bulk retailer officially switches to the new...
Verizon Communications Inc plans to submit a second-round bid of around $3 billion for Yahoo Inc's core internet business, the Wall Street Journal reported, citing people familiar with the matter. Private-equity firm TPG was also expected to submit a second...
Europe’s benchmark government yield surpasses its 2015 low Slowdown in U.S. labor market, U.K. referendum adding to risks Germany’s 10-year bond yield fell to a record low amid a surge in demand for the safest fixed-income assets. The securities, which...
For many Americans, Social Security benefits are the bedrock of retirement income. Maximizing that stream of income is critical to funding your retirement dreams. The rules for claiming benefits can be complex, and recent changes to Social Security rules created...
The International Monetary Fund has predicted that inflation in Venezuela will hit 720% this year. That might be an optimistic assessment, according to some local economic analysts, who expect the rate to reach as high as 1,200%. A sharp drop...
Researchers cite less desired to settle down, declining employment among young men. For the first time in the modern era, young adults are more likely to live with their parents than with a spouse or partner, according to a new...