Wages are
stagnating as the job market cools, restraining the consumer spending
that is needed to sustain the U.S. economic recovery.
An
expansion in the reach of the alternative minimum tax is the element of
the U.S. fiscal cliff with the largest immediate effect on taxpayers
and the most bipartisan appetite for a solution.
by
David Sterman
A large valuation disconnect between bullion and miners could be an opportunity for gold miner-focused ETFs.
by Michael Johnston
With U.S. interest rates expected to scrape bottom till at least 2014, these funds could hit the spot for yield hungry investors.
by
Jim McConville
The Securities and Exchange Commission on Thursday obtained a freeze on
the assets of an investment manager who allegedly boasted of his
success during the 2008 financial crisis but who...
Weak economic growth and a slowing labor market in the U.S. underscore
the need for more fiscal and monetary stimulus, said Alan Blinder,
former vice chairman of the Federal Reserve.
by
Jim McConville
The SEC has accused a San Diego-based financial planning firm of running a real estate investment scam that raised
approximately $50 million from hundreds of investors.
by Maureen Nevin Duffy
The voices of fund and asset managers once again remain strong in favor of muni bonds. And market data appear to back them up.
Treasury notes rose for the first time in four days as U.S. job growth
slowed more than forecast, fueling bets the Federal Reserve may start a
third round of debt buying next week.
Payrolls rose less than projected in August and the unemployment rate
was unexpectedly driven down by Americans leaving the labor force.
Pacific Investment Management Co.'s Bill Gross said lower-than-forecast
U.S. employment growth will move the Federal Reserve closer to more
quantitative easing.
by Juliette Fairley
In a bid for yield with some liquidity, investors are turning to
fixed-income exchange-traded funds that, in some cases, have produced juicy
returns.
Realty Income Corp. agreed to buy American Realty Capital Trust Inc. for
$1.9 billion in stock, the second-largest acquisition of a U.S. real
estate investment trust announced this year.
by
Jim McConville
A new MetLife study says grandparents are taking care of their kids and grandkids more, to their own financial detriment.
by
Karen DeMasters
Military families face great financial pressures, but one study finds that advisors can help.
by
Jim McConville
Fewer Americans are cutting costs, says a Scottrade report.
by
Dorothy Hinchcliff
Morgan Stanley Smith Barney aims to increase the number of its small-business wealth
management clients through an exclusive
referral agreement it announced today.
by
Jeff Schlegel
The combined firm will operate under the Buckingham banner.
Barclays Plc recruited a team for its wealth and investment management
division from Morgan Stanley Smith Barney that includes former New York
Jets wide receiver Wayne Chrebet.
The Standard & Poor's 500 Index climbed above the highest closing
level since 2008 as the European Central Bank announced specifics of its
bond-buying plan.
