Economy & Markets
The important economic and stock market news that advisors need to know.
Food Drives China Consumer Prices Higher
By Marlene Y. SatterAccording to Chinas National Bureau of Statistics, consumer prices were up 3.6% from a year ago.
April 06, 2012
Battle Over Swiss Franc AheadAfter the Swiss frank breached a ceiling set by the countrys central bank last September, the banks interim chairman said that it would defend the currency. Markets are wondering just how far he will go.
April 06, 2012
BOJ Could Expand StimulusThe Bank of Japan (BOJ) might boost stimulus in the wake of a vote by the upper house of Parliament to block a nominee to its board and a call by lawmakers for a more proactive monetary policy.
April 06, 2012
Gold May Resume RiseAfter the end of a three-week strike by jewelers in India, the largest buyer of gold bullion in the world, gold could resume its upward path in the market.
April 06, 2012
The Hartford Announces Closing of Debt OfferingsThe Hartford has closed a $600 million offering to repurchase securities from Allianz as part of a larger effort to rehabilitate its business in the face of withering shareholder pressure.
April 05, 2012
Pain in Spain May Bring No Economic Gain: News AnalysisBill Gross put Spain's failed bond auction in perspective: Greece was a zit, Portugal is a boil, Spain is a tumor. You cant fix a debt crisis with austerity and more debt.
April 05, 2012
U.K. Manufacturing Unexpectedly FallsManufacturing in the U.K. surprised economists by falling 1% in February, when they had expected it to increase by a small margin. To add to the glum news, Januarys numbers were adjusted downward as well.
April 05, 2012
Baseball’s 7 Biggest Busts: Phenoms to FlopsAdvisorOne turns from the field of money to the field of dreams, or rather nightmares, in this case. These players started with a bang, but all quickly faded.