Economy & Markets
The important economic and stock market news that advisors need to know.
At Lipper Awards, PIMCO Wins Best Large Equity Fund; Nuveen Best Overall Fund Family
By Joyce HansonSuprisingly, PIMCO's $250 billion-plus Total Return Fund didn't even get a mention on Lippers long list of U.S. fund award winners.
March 08, 2012
US Jobless Apps Hover Near Low LevelsSlightly more people applied for U.S. unemployment benefits last week, but the overall level stayed low enough to suggest the job market is strengthening.
March 08, 2012
Pensions: $1 Trillion Economic ImpactPensions do more than protect older Americans after they retire; they have a distinct and significant impact on the U.S economy and play a role in job creation, according to the National Institute on Retirement Security.
March 08, 2012
Calvert Analyst Brings Sustainability Principles to U.N. for International Women’s DayAditi Mohapatra, a sustainability analyst at Calvert Investments, spoke before the United Nations two days ahead of International Womens Day to discuss diversity principles for business.
March 08, 2012
Global Insurers Face Pressure on Iran SanctionsThe move toward tightening sanctions on Iran has moved up a notch as proposed legislation would target global insurers who provide insurance or reinsurance on any deals with Iran that are forbidden by U.S. law.
March 08, 2012
Greek Debt Swap Success Called LikelyEnough holders of Greek sovereign debt have now signed on to the debt swap deal that is a prerequisite for a second bailout that success seems likely. However, there is still a chance that collective action clauses may be triggered.
March 08, 2012
Top Tips for Women at Tax TimeOn International Women's Day, AdvisorOne offers tax tips for women from financial planner Peggy Cabaniss and CPA Barbara Kogen.
March 08, 2012
Birinyi Bullish, Sees S&P at 1,700Laszlo Birinyi called the market bottom in March 2009 and he still likes what he sees three years on. Despite the stock markets largest decline this year earlier in the week, hes bullish on U.S. equities.