The U.S. real estate recovery that's gained strength this year faces a
setback from flooding and property damage inflicted by Hurricane Sandy.
The dollar fell the most in almost two weeks against the euro amid
speculation damage from Atlantic Ocean tropical cyclone Sandy will be
less severe than earlier anticipated, damping demand for...
Oil rose from the lowest level in almost four months in New York on
speculation that demand will soon rebound after Atlantic superstorm
Sandy made landfall on the U.S. East Coast.
Residential real-estate prices increased in the year ended August by the
most in two years, a sign housing will continue to boost U.S. economic
growth.
Record tides from Hurricane Sandy combined with hours of high wind and
rain to deal an unprecedented blow to the U.S. Northeast's power grid,
causing the biggest blackout since 2003.
The floor and building of the New York Stock Exchange "are fine"
following Hurricane Sandy and the company is working toward restoring
normal trading.
by
Dorothy Hinchcliff
LPL Financial was one of the many firms around the country to reschedule
the reporting today of third-quarter earnings as a result of severe
weather conditions from Hurricane Sandy.
U.S. stock trading was canceled for a second day, joining bond markets, as 90-mile-per-hour winds and surging seas from Hurricane Sandy bore down on New York and paralyzed American capital markets.
Gasoline rose the
most in three weeks and stocks fell around the world as Hurricane Sandy
threatened U.S. East coast refineries and closed equity trading...
by
Karen DeMasters
Some transaction costs will increase in the short term but Vanguard hopes to offset them with other efficiencies.
by
Jim McConville
A TIAA-CREF financial advisor finds more clients want to work part time rather than fully retire. Here's what he tells them.
Sales of corporate bonds in the U.S...
by
Jim McConville
IRA ownership has fallen and fewer American families are participating
in workplace retirement plans, although more are investing in 401(k)
plans, according to a recent report by the Employee...
by
Evan Simonoff
No matter who wins the presidential election, anyone who expects bipartisan cooperation in Congress is deluding themselves, LPL's chief market
strategist told marketing executives at a forum...
by
Karen DeMasters
A Virginia advisor pleads guilty to one count each of wire and mail fraud.
by
Jim McConville
Advisors plan to increase their use of ETFs next year, says a survey, though fear of rising interest rates worry bond ETF investors.
by Joel Bruckenstein
A Charles Schwab & Co. subsidiary that offers technology services
for independent financial advisors announced changes today that improve
document and portfolio management systems.
by
Jim McConville
A new survey says Democrats see a brighter future for the U.S. economy and their own finances.
Franklin Resources Inc., manager of the Franklin and Templeton mutual
funds, said fiscal fourth- quarter profit rose 18 percent as stock
markets rallied and assets under management increased.
