Economy & Markets
The important economic and stock market news that advisors need to know.
Bogle Joins Gross-Siegel ‘Food Fight’
By John SullivanThe smackdown between Bill Gross and Jeremy Siegel continues, this time with Twitter as the venue.
August 03, 2012
Economy Added 163K Jobs in July, but Rate Rose to 8.3%July's hiring was the best since February. Still, the economy has added an average of 151,000 jobs a month this year enough to keep up with population growth but not enough to drive down the unemployment rate.
August 03, 2012
ECB Battle: Draghi vs. WeidmannECB President Mario Draghi is challenging Bundesbank President Jens Weidmanns opposition to a plan for the ECB to reenter the bond markets.
August 02, 2012
AIG 2Q Earnings Soar Beyond Analyst ExpectationsAmerican International Group announced a 27 percent increase in earnings for the second quarter of the year, spurred largely by strong growth in its variable annuity business.
August 02, 2012
AIG 2Q Earnings Soar Beyond Analyst ExpectationsAmerican International Group announced a 27 percent increase in earnings for the second quarter of the year, spurred largely by strong growth in its variable annuity business.
August 02, 2012
PIMCO’s Gross Slams Draghi, Says Jeremy Siegel Belongs in ‘Ivory Tower’The co-CIO of PIMCO said Draghi should have offered concrete policy steps at Thursdays ECB policy meeting.
August 02, 2012
Unum Reports Mixed Disability ResultsDisability sales, revenue and earnings are all over the map at other carriers.
August 02, 2012
Unum Reports Mixed Disability ResultsDisability sales, revenue and earnings are all over the map at other carriers.