Jackson National Alts Education Reaches 10,000 Advisors
"This is not your father’s variable annuity," to paraphrase the 1970s-era Oldsmobile commercial.
GOP Jumps on Minimum Wage Job-Loss Report
The CBO report said boosting the minimum wage may cost as many as 500,000 people their jobs.
U.S. Payrolls Rise Less Than Forecast; Jobless Rate Falls
The unemployment rate unexpectedly declined to 6.6%.
Ex-SAC Fund Manager Martoma Found Guilty in Insider Trading Case
Former SAC Capital Advisors LP fund manager Mathew Martoma was found guilty in the most lucrative insider-trading scheme ever
How Does Passive Beat Active? Let Me Count the Ways
It is indefensible for advisors to use active portfolios for clients’ money because it is all but guaranteed that they will underperform, Rick Ferri says.
Producer Prices Rose in 2013 by Least in Five Years
Wholesale prices in the U.S. climbed in December for the first time in three months to cap the smallest annual increase in five years, showing companies face little pressure to charge more.
Payrolls Rise Less Than Forecast; Jobless Rate Drops to 6.7%
December job growth likely muted by weather as unemployment rate falls to lowest since October 2008.
15 Biggest Charitable Gifts of 2013
Fifteen Americans made gifts of $100 million or more—and one gave almost $1 billion to one lucky recipient, Chronicle of Philanthropy reported.
Taxing Matters for the New Year
Two lawmakers struck a two-year budget deal in mid-December, just days shy of the budget conference committee’s Dec. 13 deadline to find a way to keep the government running beyond the expiration of the current continuing resolution (CR) on Jan. 15.
Keeping the Right Focus
It's been a good ride recently for total-return investors. First, the S&P 500 rose 25.2% through early December; global stocks, as tracked by Morgan Stanley, improved 21.6% during the same period.