Consumers Driving Chinese Economy
It is clear that the role of the affluent Chinese consumer in is becoming increasingly important as the country transitions and continues its efforts of steering the economy toward consumption and away from investment.
New Hire Roundup: CFP Board Announces Chair Appointments
This week in new hires, John Byrne and Bryan Hissong returned to Prudential Retirement, and Jac McLean was named head of distribution at Hartford Mutual Funds.
China to Push Growth at Home and Abroad
China spent a good part of 2012 battling an economic slowdown and accusations of political corruption, as well as preparing for the handover of power that comes once every ten years. But toward the end of the year, and after seven straight quarters of slowing, the Chinese economy once again...
Can the Eurozone Survive a Stormy 2013?
The eurozone and its politicians continue to face many unresolved and highly important issues.
U.K. Retail Sales Down More Than Expected
Bank of England Gov. Mervyn King said the Monetary Policy Council had not completely ruled out an additional round of QE in the future, should it be necessary, to boost growth.
Sales Fall in Eurozone by Most in 5 Months
High prices for diesel and gas have driven eurozone travelers away from the pumps, leading to a drop in retail trade that is the largest in five months.
Moody’s Still Negative on U.K. Banks, but Exports Increase
Moody’s retained its negative outlook on U.K. banks, and luxury goods maker Burberry said it would disappoint on full-year earnings on slowing global sales. But the pound rose on news that the U.K.’s trade deficit fell in July.
REITs: An Attractive Investment Opportunity
Real estate investment trusts (REITs) continue to produce solid returns for investors
Top 10 Consumer Complaints
A survey revealed that new complaints ranged from bedbugs to Internet penny auctions, gold buying companies and the use of prepaid card products to bilk consumers out of their hard-earned funds.
Tweets of Doom From Gross, Roubini Point to Slowdown
Twin tweets from two titans, PIMCO's Bill Gross and the economist Nouriel Roubini, on Monday point to pessimistic outlooks from the men and their firms.