A bill to extend jobless benefits for three months was defeated today in the U.S. House, increasing the odds that some of the nation's long-term unemployed will start losing aid.
A member of the deficit-reduction commission suggests a national sales tax and changes in Social Security as part of plan to spur economic growth.
Roger Altman, founder of Evercore Partners Inc., has emerged as a leading candidate to replace Lawrence Summers as director of Obama's National Economic Council.
A group including former Republican government officials and economists urged Federal Reserve Chairman Ben S...
No financial advisor wants to help a client cash out savings before retirement just to meet expenses, but more have had to do it lately.
Gary Shilling, who predicted the U.S. housing collapse, says the stock market is overvalued and foresees a "significant" selloff within a year.
A presidential commission's leaders proposed a $3.8 trillion deficit-cutting plan that would trim Social Security and Medicare, and reduce tax rates.
The first problem that financial advisors need to address with clients approaching retirement isn't risk tolerance; it's finding investments that can match their liabilities, or living expenses.
More U.S. executives than ever are increasing earnings forecasts compared with those lowering them, helped by almost $2 trillion of Federal Reserve spending and a recovering global economy.
U.S. households cut their debt last quarter, borrowing less against homes and closing credit card accounts, according to a survey by the Federal Reserve Bank of New York.
The Federal Reserve's plan to buy an extra $600 billion in Treasury securities over the next eight months is influencing wealth managers' recommendations for their clients' portfolios.
Everyone can buy equities. No one can keep them. What is the advisor to do?
The Obama administration cut taxes for the Middle Class, expects to make a profit on Wall Street bank rescue and has overseen a growing economy. Most voters don't believe it.
Americans say they're more financially secure today than a year ago, after a stock market recovery increased confidence that the worst of the recession is over, according to Bank of America.
Greg Valliere, chief political strategist at Potomac Research Group, dished out his best prognostication on the upcoming elections, tax cuts and the markets at the Schwab Impact...
Bill Gross said a renewal of asset purchases by the Federal Reserve will likely signify the end of the 30-year bull market in bonds.
U.S. Treasury Secretary Henry Paulson, a keynote speaker at Schwab's Impact conference, said the financial overhaul passed earlier this year should provide long-term economic growth.
What was so normal about the old normal? Buying a house with no financial documentation? A negative savings rate? Three billion credit-card solicitations in one year? That was what Mellody...
The Treasury sold $10 billion of five-year TIPS at a negative yield for the first timeĀ as investors bet the Federal Reserve will be successful in sparking inflation.