Economy & Markets
The important economic and stock market news that advisors need to know.
Deal on Greek Debt Bailout, as Germany Relents to French Demands
By Marlene Y. SatterGerman Chancellor Angela Merkel and French President Nicolas Sarkozy came to agreement on a second bailout for debt-troubled Greece with Germany backing down on its stance that private investors must be compelled to share losses.
June 17, 2011
The Facts and the Options--Pro and Con--for U.S. Corporate Tax ReformEverbody’s talking overhauling the U.S. corporate tax system. Here are some facts and comparisons on how U.S. multinationals are taxed, and Congressional action.
June 16, 2011
Is the Commodities Bull Run Over?Last month’s attention-grabbing IPO for Glencore valued the commodities giant at $59 billion. Oh, how the mighty have fallen.
June 16, 2011
Women Lag in Financial Knowledge and Confidence Gender Gap: StudyWomen still significantly lag behind men in their knowledge and confidence in virtually all areas of finance, even though the gap has narrowed since 2010, according to a report released Wednesday by Financial Finesse.
June 16, 2011
European Bailout Fund Must Double: WellinkAn ECB official says the bailout fund created by the European Union and the International Monetary Fund must double, to 1.5 trillion euros ($2.15 trillion), if p the private sector is to take part in a second Greek bailout package.
June 16, 2011
On the Brink: Debt Crisis Roils GreeceDebt-ridden Greece on Thursday attempted to reshuffle its government in an attempt to enact further austerity measures in exchange for a bailout.
June 15, 2011
Biden ‘Confident’ on Deficit Cuts as Senate Votes to Keep Ethanol SubsidyEven as Vice President Joe Biden gave his most optimistic assessment yet of budget talks he's leading, President Barack Obama's Democratic allies in the Senate signaled Tuesday a harder line on Medicare.
June 15, 2011
Bucking Trend, Optimism Among Women Business Owners RisesWomen business owners are overall more optimistic that the U.S. economy is recovering, according to theKey4Women Confidence Index released Tuesday.