Economy Articles

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World Investors Cut Back Stocks As Risk Aversion Reigns

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World investors lifted exposure to bonds and cut back on more volatile equities as sentiment was buffeted by a Russian currency crisis, an uncertain growth outlook and rapidly declining energy...

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Gross Backs Krugman View Of Fed In World Of Low Inflation

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“The Fed is in a corner -- it wants to raise rates in 2015 but Oil / Dollar / Disinflation say NO! NO! NO!!” billionaire investor Bill Gross of Janus Capital Group Inc. wrote on Twitter yesterday.

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Global Upheaval Risk To Markets, Advisors Say

by FA Staff

Professionals in the financial industry also worry about a lack of trust from investors, a new survey says.

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American Express, Consumer Group Team To Promote Saving

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The Consumer Financial Protection Bureau and American Express announced an effort Friday that uses prepaid cards to encourage low- and moderate-income consumers to save.

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Moribund Inflation Igniting Dash For Bonds From Europe To U.S.

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As crude oil leads a collapse in commodity prices, a German gauge of the outlook for inflation over the next five years has fallen below zero.

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U.S. Has OPEC Over A Barrel

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Greater fuel efficiency, changing demographics and an increase in renewables are altering the dynamic that in the past would have seen demand for gasoline climbing.

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Interest Rates, Inflation To Remain Low In 2015, NB Officials Say

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Interest rates and inflation will be “low, low, low” for the U.S. economy next year and that will be good, Neuberger Berman officials said Wednesday.

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No Escape From Pension Math In Pennsylvania

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Pennsylvania’s credit has been cut this year by each of the three biggest rating companies, to two steps below the average for U.S. states.

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U.S. Healthcare.gov Average Monthly Premium Rises 2% In 2015

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The average monthly cost for a 2015 mid-tier health insurance plan in the 35 states that are part of Healthcare.gov rose about 2 percent to $222 for a 27-year old, the U.S...

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Why Oklahoma City Gets $2 Gasoline Before The Rest Of Us

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The plunge in fuel prices, dragged down by a global glut of oil, comes as policy makers from Michigan to New Jersey face increasing pressure to reform their gasoline taxes.

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