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.
5 Reasons Why Your Clients May Still Have the Economic Blues
While some measures of U.S. consumer sentiment are up, Pew Research data explores some overlooked indicators that suggest why Americans aren’t all that upbeat, despite much good economic and markets news.
The Disclosure Paradox: How Much Information Is Too Much?
Too much information can be as harmful to retirement plan decisions as too little.
Wanna Beat the Market by 6.6%? Join Congress
A new study published this year finds a 6.6% annual market-beating advantage for members of the House between 1985 and 2001. Rep. Nancy Pelosi scored a 203% multimillion-dollar return on an IPO at a time when ordinary investors lost 15%...
Vice vs. Nice: Sustainability Debate Pits ‘Tea Party’ Against ‘European Social’ Teams
In a sometimes feisty Oxford-style debate in New York, portfolio managers and professors sparred over whether socially responsible investment has any business contributing to—or subtracting from—a company’s bottom line.
Personal Spending Surges Even as Confidence Sinks: News Analysis
What matters more: consumers’ actual spending or an intangible general mood based on survey data?
Consumer Confidence Improves to Highest Level in Six Months
Reuters/University of Michigan surveys cites improved employment expectations as reason.
Consumer Sentiment Rose in November Ahead of Holiday Sales
Before holiday shopping begins in earnest, U.S. consumer sentiment has climbed to a five-month high, according to a Thomson Reuters/University of Michigan survey released Friday.
Consumer Sentiment Down in October
Dropping to a level not seen since last November, the Thomson Reuters/University of Michigan's final October reading on the consumer sentiment index posted Friday at 67.7, down from last month's 68.2.
CPI Showed Inflation Flat in September, but Consumers not Buying
Economic data released Friday showed that consumer prices were flat in September, but the low rate of inflation was not enough to boost consumer sentiment.