Economy & Markets
The important economic and stock market news that advisors need to know.
Investor Pitfalls, Profits Abound Depending on Political Winds: Janus Panelists
By Marlene Y. SatterThe health care plan, fiscal cliff and even food sources could affect stocks.
October 03, 2012
Spain Suffers as Corporations Save on TaxesA combination of small-business failures and the move of large corporations toward countries considered tax havens has led to a drop of nearly two-thirds in the corporate taxes collected by Spain.
October 03, 2012
European Bank Reserves Fall Short of Basel RuleWhile EU banks met a target of 114.7 billion euros in capital reserves, according to the European Banking Association (EBA), they would not have met the tougher requirements of the Basel Committee had they been enforced by the end of 2011.
October 02, 2012
PIMCO’s Kashkari: We Survived Economic Heart Attack, but ‘We’re Still Obese’Who could make a bad investment when we were going through the leveraged buyout of the U.S. economy for the last 30 years? he asked.
October 02, 2012
Embrace your inner heroMany people are jaded about their jobs, their government and their futures but you don't have to be one of them.
October 02, 2012
600 Million New Jobs Necessary Over 15 Years: World BankThe World Bank says that the worlds economy must generate 600 million new jobs during the span of 20052020 to give young people work, empower women, stimulate development and quell global unrest.
October 02, 2012
Germany Said to Stall Spain on Bank RescueJust when it seems that Spain has made up its mind at last to ask for a bailout for its banks, Germany is said to be pushing Madrid to wait.
October 02, 2012
EU Group Calls for Firewall on Risky Investment BankingAn EU advisory group said that the risks of investment banking should be separated from retail banking activities as a means of protecting depositors and taxpayers.