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Over half of households would drain their savings if faced with unemployment even for a month, according to a report by Pew Charitable Trusts.
Panetta says both candidates would want to get things done.
The first major oil companies to report earnings amid the worst oil crash since 2009 all pledged to protect shareholder payouts.
Rising interest rates were the main concern of 22 percent of advisors in the fourth quarter, according to a Fidelity survey.
More Americans opted to rent rather than buy a house, government data shows.
Asia’s wealthiest families are snapping up dollars as a haven from the volatility, providing another source of demand.
European debt investors are turning to U.S. corporate bonds as Mario Draghi’s quantitative easing program crushes borrowing costs in the euro-area.
Fewer available properties, higher prices and still-tight credit are hurdles for some customers as first-time buyers remain reluctant to enter the market.
Federal Reserve officials will look past low inflation and stay focused on raising interest rates around mid-year, according to a narrow majority of economists who were surveyed.
Over two-thirds of respondents in a recent survey said they don’t have enough money saved for an emergency, and vacation planning trumped retirement planning for many.
Clients listening only to headlines can misunderstand rollovers and tax deductions.
The question for advisors is how best to choose the right managers.
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