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.
New Hire Roundup: Orizon Joins Mariner
This week in new hires, Mariner Wealth Advisors announced its acquisition of a majority interest in Orizon Investment Counsel’s wealth management division, and Lynne Ford joined Calvert Investments.
Retail Sales in Germany Rise
Germany, already the brightest economic spot in the euro zone, shone even brighter on Monday with the news that retail sales were up, fueled by more jobs and higher wages.
S&P Downgrades Spain
Spain suffered another downgrade as Standard & Poor's cut its sovereign credit rating and its unemployment rate rose to its highest level since the early 1990s—now one of the highest in the world.