The tunes of Auld Lang Syce have faded into the distance and 2015 is here. Now is a great time to start the year on the right track. for most, the desire for a better financial life is often unrealized...
Russia’s central bank surprised financial markets with a two-point cut in its key interest rate Friday, sending the ruble lower even as the bank said the currency was showing signs of stabilization. The bank had come under heavy pressure from...
American consumers stepped on the gas in the fourth quarter, just as companies hit the brakes. The result was that while the world’s largest economy grew at a 2.6 percent annualized rate, the gain fell short of the median forecast...
Investors have a message for suffering U.S. oil drillers: We feel your pain. They’ve pumped more than $1.4 trillion into the oil and gas industry the past five years as oil prices averaged more than $91 a barrel. The cash...
Hedge funds are snapping up gold, pushing their net long positions to levels not seen for almost two years. Meanwhile, analysts are split over what 2015 will hold for the precious metal. Speculative investors bought gold for a fourth successive week...
Even as U.S. stocks post the longest stretch of 1 percent swings since 2012, volatility expectations are falling across asset classes. A Bank of America Corp. gauge of market swings in stocks, bonds, currencies and commodities has dropped from a...
More Americans purchased homes in December, yet total sales slipped in 2014 as first-time buyers struggled to find houses. The National Association of Realtors said Friday that sales of existing homes rose 2.4 percent last month to a seasonally adjusted...
For the municipal bond industry, 2015 marks the midpoint in what may turn out to be the decade of the bankruptcy. onwallstreet
...A ranking of America's top jobs found that financial advice increasingly is a terrific profession, moving up 16 spots on the U.S. News and World Report list from last year. “Financial adviser” ranked No. 25 of the 100 Best Jobs...
Paying for retirement is a daunting prospect for many workers who are now approaching the end of their careers. Longer life spans, money lost in the stock market plunge and fears about the efficacy of Social Security are enough to...
Santa Claus Came to Town, Early… It’s hard to believe another quarter is now in the books, let alone another year. The year in the US ended on a relatively strong note, with the Dow and S&P 500 reaching new...
WHEN does the level of debt in an economy become “too much”? It is a very hard question to answer, not least because debt is a highly useful tool, allowing business to invest for the future and consumers to smooth...
IF A large factory opens in the next six months, it is a safe bet that Britain’s most powerful politicians will be on hand to celebrate the fact. With a general election looming in May, and with the economy top...
The U.S. concluded its best year of job growth in 15 years as the unemployment rate fell to a postrecession low last month, signs of strength that mask continued challenges of stagnant wages and a stubbornly high number of Americans...
After six straight months of plunging oil prices, U.S. shale drillers have sent the clearest signal to date that they’re retreating. Thirty-five horizontal rigs, their weapon of choice for reaching oil deposits in tight-rock formations such as North Dakota’s Bakken...
