Final details of the distribution of billions of dollars of assets as
part of Barclays Plc's purchase of Lehman Brothers Holdings Inc.'s
brokerage unit were never approved, the judge said.
Women voters are less confident they'll have money in retirement than men, but more favor President Obama's policies and don't support the Tea Party, a Bloomberg poll says.
by
Karen DeMasters
Fewer workers are being covered by employer-based retirement plans, a
trend that has been continuing for at least a decade, says an Employee
Benefit Research Institute review of census data.
by Larry Chambers
Economist and consultant Bob Goodman says the U.S. is following a slower growth path because politics is trumping free-market capitalism.
The S&P 500 will rise 8.4% in
the next 12 months, as investors become less risk-averse and look ahead
to stronger economic growth in 2012, Goldman Sachs Group Inc. said.
Nobel Prize-winning economist Paul Krugman and Niall Ferguson, author of The Ascent of Money: A Financial History of the World, clashed anew
today over how to revive the U.S. economy.
The U.S.
economy, the world's largest, will expand less than previously
estimated as a lack of jobs restrains consumer spending through 2011, a
survey showed.
Nobel Peace Prize folks have done something even past winner Barack Obama hasn't: taken on China. Just don't count on it leading to any changes for the world's second-largest economy.
Advanced economies risk a "lost decade" unless policy makers recognize
the severity of the wounds left by the financial crisis, says Pimco's CEO.
Companies in the U.S. unexpectedly cut jobs in September, data from a private report based on payrolls showed today.
Meredith Whitney, the analyst who jumped to celebrity from
obscurity by correctly predicting Citigroup Inc.'s dividend cut, is
having less success divining stock market winners and losers.
Nobel Prize-winning economist Joseph Stiglitz said the Fed's rate cuts to record lows have created currency misalignments and the risk of asset price
bubbles.
by
Karen DeMasters
The troubled economy has meant more people need financial planning but can't afford it. Frank Paré and Saundra Davis are among those stepping in to help.
After the economy slipped into recession in 2008, millions of Americans
received unemployment benefits to make ends meet-including almost
3,000 millionaires.
The economist credited with predicting the 2008 economic crisis says
mergers during the recession raise the risk that even larger banks may need bailouts.
High-yielding stocks are the least liked by fund managers but are poised to gain
popularity among a growing population of aging Americans, BoA says.
The U.S. government will face pressure to bail out struggling states in
the next 12 months, said Meredith Whitney, the analyst who
correctly predicted Citigroup Inc.'s dividend cut in 2008.
The recession last year hurt
almost every part of American life, from household finances to marriage
rates and teenage employment, says the Census Bureau.
by Jeffrey Kleintop
The Fed's message last week implied it was preparing to take action
to help ensure the economy avoids a double-dip recession. How might investors profit from such action?
New York University Professor Nouriel Roubini
said there's a high probability of another recession in the U.S., underscoring risks to the global recovery.
