Staffing agencies are charging companies more for
temporary workers, a possible harbinger of a bump up in salaries for
permanent employees later this year.
Putnam Investments CEO Robert L. Reynolds urged
lawmakers to reject any plan to cut the U.S. budget that would cap or
eliminate tax incentives for workers to save for retirement.
Years of accessible financing spurred home buyers to buy big, but in the new reality lower costs increasingly take priority over square footage.
Analysts are boosting U.S. earnings estimates by the most in a year, a
sign to Barton Biggs that stocks will weather the
biggest drop in U.S. economic forecasts since 2009.
The cue for the Federal Reserve to start withdrawing its record
monetary stimulus may be a measure of its own credibility: inflation
expectations.
by
Ray Fazzi
Funds cut bets on rising prices for wheat, cocoa and
other food commodities on easing concern about shortages and on
speculation higher costs will curb demand.
by Justin Gerbereux and Paul Massaro
While
bank loans have a higher risk of default and are more volatile than investment-grade
bonds, they are worth considering for yield-hungry investors.
The SEC named a
Vanderbilt University professor who has studied market volatility and
herd behavior by equity analysts to be its chief economist and director
of a unit looking for financial...
Surging demand for social-media stock and a comeback in venture-backed
initial public offerings propelled LinkedIn Corp., to more than double on its first
trading day.
Christine Lagarde emerged as the leading
contender to replace Dominique Strauss-Kahn at the IMF as developing nations failed to unite behind a candidate.
More than half U.S. homeowners and renters say housing won't recover
until at least 2014, reflecting a deepening pessimism about the real
estate market.
The nearly rich aren't spending nearly as much as the wealthiest Americans on luxury brands.
by
Ray Fazzi
The RIA business is on the upswing, with advisors reporting stronger
business growth and slower client attrition, according to a new survey.
Pimco says "deteriorating debt dynamics" will stoke faster inflation and financial
repression in the U.S. and at least one sovereign-debt
restructuring in Europe.
Higher education fails to provide students "good value"
for the money they and their families spend, more than half of U.S.
adults said in a survey.
Global investors, by an almost 2-to-1 majority, believe the U.S...
BofA CEO Brian T. Moynihan told
shareholders today the nation's housing market faces "enormous
challenges" and that the lender is still struggling to contain bad
mortgages.
Job openings in the U.S. increased in March to the highest level in more
than two years, an indication employers are becoming more optimistic
about bringing on new workers.
At Bank of
America Corp., where the company's home-price forecasts have proved too
good to be true, billions of dollars of new losses are at stake along
with the credibility of its CEO.
Republican congressional leaders are ruling out tax increases in talks on extending the U.S.'s borrowing
authority, while Democrats want to raise more money
as well as cut spending.
