Economy

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Fed Seen Raising Rates Midyear Even With Low Inflation

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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.

Most People Cannot Weather A 'Rainy Day,' Survey Says

by FA Staff

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.

Gloom Mongers Find Company In Bond Traders Seeing Deflation

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Most economists say things are getting better, yet Treasury yields keep hitting one low after another, raising deflation fears.

Women Hold Too Much Cash, Study Says

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Women investors hold 37 percent of assets in savings or checking accounts compared to 25 percent for men, according to a study released today by Hearts & Wallets.

The World’s 10 Best Places To Retire

by FA Staff

Based on numerous factors including climate, health care and cost of living, these exotic countries offer retirees the most for their money, according to International Living.

U.S. And Cuba Start Historic Talks On Restoring Ties

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A U.S. delegation to Cuba in 35 years began talks today aimed at restoring diplomatic relations and eventually opening up full trade and travel ties between two adversaries.

Young, Successful Millennials Are Perfect Prospective Advisor Clients

by FA Staff

Millennials with high earnings potential represent a promising market for advisors looking to add new clients, says a TD Ameritrade survey.

Middle-Class Decline Looms Over Final Years Of Obama Presidency

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Barack Obama enters the final two years of his presidency with a blemish on his legacy that looks impossible to erase: the decline of the middle class.

Hatch: Switch Fiduciary Rule Making For Retirement Plans From DOL To Treasury

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Senate Finance Committee Chairman Orrin Hatch said Tuesday the committee will work to shift fiduciary rule making for retirement plans from the Labor Department to the Treasury Department.

Obama Moves To Lift Legacy, Party’s 2016 Outlook With Tax Plans

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Obama is proposing new taxes on the wealthiest Americans to fund expanded tax credits for higher education and child care and create a new break for two-earner couples.

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