Economics And Finance
Three Steps To Take If You’re Behind In Retirement Savings (#GotBitcoin?)
Too many savers are “chasing” their retirement dreams in the wrong way. A recent Allianz Life study found that nearly half of individuals between the ages of 45 and 65 surveyed consider themselves to be retirement chasers. These are defined as people who are saving for retirement--but have either fallen…
Would Someone Please Buy US Treasury Bonds? (#GotBitcoin?)
The erosion of demand in emerging Asian markets reflects their maturation into more stable economies. Would Someone Please Buy US Treasury Bonds? (#GotBitcoin?) Asian investors are proving less and less eager to buy U.S. government bonds, even as the Treasury Department prepares to sell $1.3 trillion of new debt in…
Definite Signs of An Imminent Recession (#GotBitcoin?)
Facing iPhone Troubles, Apple Tries to Change the Story The company plans to stop reporting unit sales as it pushes its services business. When Steve Jobs took a swipe at Amazon.com Inc.’s Kindle in 2009, he pointed to the online retailer’s decision not to report unit sales of its reading…
China Outspends US When It Comes To Building The World’s Infrastructure (#GotBitcoin?)
Beijing is constructing parallel financial and commercial networks across Central and Eastern Europe to challenge the global order. Europe is distracted by internal discord over immigration and its tense relationship with Russia and the U.S. Seeking to fill the void, China is taking advantage of a historic opportunity to wedge…
The New Retirement Plan: Save Almost Everything, Spend Virtually Nothing (#GotBitcoin?)
A group of younger workers, devotees of the FIRE movement, are seeking ways to duck mistakes made by prior generations. Sylvia Hall wants to retire at age 40. Her dream has a price: brown bananas. The 38-year-old Seattle lawyer is on a strict budget as she tries to hit her…
These Companies Are Succeeding Despite Amazon Or A Slowing Economy (#GotBitcoin?)
For starters, CEO Michelle Gass says she doesn’t think of the company as a department store. These Companies Are Succeeding Despite Amazon Or A Slowing Economy (#GotBitcoin?) How Kohl’s Is Succeeding Where Other Chains Haven’t Department stores, once the go-to destination for the shopping needs of the entire family, have…
What Will Banks Do With Cash Freed Up by Rule Changes? No One Knows (#GotBitcoin?)
Fed proposal to ease short-term cash requirements for big banks heads into uncertain territory. Regulators plan to pare back requirements that banks keep billions of dollars of cash on hand to pay short-term bills. No one knows for sure what will happen next. The liquidity coverage ratio rule was invented…
U.S. Market-Manipulation Cases Reach Record (#GotBitcoin?)
CFTC and Justice Department target spoofing and other illegal tactics, helped by data-sharing deal with key exchange. U.S. Market-Manipulation Cases Reach Record (#GotBitcoin?) Federal regulators have ramped up their pursuit of traders who use a bluffing tactic known as spoofing to manipulate market prices, enforcement officials said, leading to a…
October’s Market Rout Leaves Stock, Bond And Real Estate Investors With No Place To Hide (#GotBitcoin?)
Triple breakdown in stock, real estate and bond prices has upended investors’ traditional safety tool kit, leaving many with losses. October’s Market Rout Leaves Stock, Bond And Real Estate Investors With No Place To Hide A brutal October selloff across stocks and bonds has tested investors’ resolve in a way not…
Home Prices Continue To Lose Momentum (#GotBitcoin?)
Gains fell below 6% in August as slowdown in housing market becomes more widespread. Annual home-price gains fell below 6% for the first time in a year in August, another sign that the slowdown in the housing market is becoming widespread and is likely to persist in the months to…
Credit-Card Spending Limits In the Crosshairs As Issuers Grow Cautious (#GotBitcoin?)
Capital One and Discover are pulling back on some consumers as economy ‘almost feels too good to be true’. Credit-Card Spending Limits In the Crosshairs As Issuers Grow Cautious Two of the biggest credit-card issuers are tightening lending standards, an unusual move in a strong economy that may signal longer-term concerns…
Treasury Expects To Issue Over $1 Trillion In Debt In 2018 (#GotBitcoin?)
Debt issuance this year could be highest since 2010, the Treasury said, as higher government spending and stagnant tax revenues have pushed the deficit higher. Treasury Expects To Issue Over $1 Trillion In Debt In 2018 The U.S. Treasury Department estimates it will issue more than $1 trillion in debt this…