Money

Once all powerful, Pimco is a fast fading superstar

Pimco’s assets fall below $100 billion – Sep. 3, 2015 Once the world’s largest and most influential bond fund, Pimco continues to fall from that stature. Its star has dramatically dimmed after its founder, the “bond king” Bill Gross, left Pimco almost a year ago. ‘; var storytext = document.getElementById(‘storytext’); var heightToSkip = 0; function resetValues() { totalHeight = 0; targetChildElement = null; } // Check if story is in the blacklist of articles to remove smartassets // [2017.07.27] Results of a one-off request from r.barbieri if(BLACKLIST[location.pathname] === true) { return } if(storytext == null) { console.log(“Error...

This Insane Pixar Theory Proves Sulley Was Killed

Dynamically brand synergistic schemas via cross functional networks. Quickly visualize web-enabled strategic theme areas for cross functional e-business. Enthusiastically productize client-centered web-readiness without cost effective outsourcing. Uniquely target integrated content whereas backend deliverables. Appropriately simplify viral bandwidth via premier users. Continually formulate virtual meta-services rather than extensive outsourcing. Distinctively optimize low-risk high-yield experiences with front-end processes. Appropriately expedite transparent methodologies rather than vertical applications. Collaboratively seize out-of-the-box. Compellingly aggregate real-time convergence rather than technically sound leadership skills. Rapidiously mesh backend networks and focused e-taile...

Investors dump stocks at record pace

Investors dump stocks at record pace – Aug. 28, 2015 The word of the week for investors was “sell.” Mom and pop investors are dumping their investments and moving to cash at levels not seen since the financial crisis of 2008. ‘; var storytext = document.getElementById(‘storytext’); var heightToSkip = 0; function resetValues() { totalHeight = 0; targetChildElement = null; } // Check if story is in the blacklist of articles to remove smartassets // [2017.07.27] Results of a one-off request from r.barbieri if(BLACKLIST[location.pathname] === true) { return } if(storytext == null) { console.log(“Error finding storytext element for SA embed”);&#...

Investors flee China funds in historic rush

Investors flee China funds in historic rush – Jun. 12, 2015 Investors pulled out roughly $7 billion from Chinese funds over the past week. Chinese funds just experienced the biggest exodus of money ever. Investors abruptly pulled out nearly $7 billion from Chinese funds and ETFs over the past week, according to financial data firm EPFR. ‘; var storytext = document.getElementById(‘storytext’); var heightToSkip = 0; function resetValues() { totalHeight = 0; targetChildElement = null; } // Check if story is in the blacklist of articles to remove smartassets // [2017.07.27] Results of a one-off request from r.barbieri if(BLACKLIST[location.pathname] === true) { return } if(storyt...

The 5 hottest ETFs in the world

Biotech companies are restoring sight to the blind, curing hepatitis C and fighting off HIV. As they save lives, biotech companies are simultaneously making a lot of money for investors. That’s why the hottest ETFs (exchange-traded funds) on the planet since the bull market began in March 2009 invest in biotech companies. The First Trust NYSE Arca Biotech ETF (FBT) has skyrocketed more than 500% over that timeframe. That trounces the S&P 500’s 200% gain. The fund outperformed by owning a bunch of the sexiest names in the biotech industry, including Gilead Sciences (GILD), Biogen (BIIB) and Novavax (NVAX). ETFs specialize in giving investors diversified exposure to a specific corner of the market, like biotech. These pooled vehicles invest in numerous stocks, bonds and commo...

Weddings? Babies? Now college kids are registering for gifts too

College dorm shopping? Make a registry – Jul. 30, 2014 Gift registries aren’t just for weddings and baby showers anymore. Move over brides and expectant moms: Now college-bound kids want to be showered with gifts also. Gift registries have long been popular for lots of big life events, and now we can add college to the list. ‘; var storytext = document.getElementById(‘storytext’); var heightToSkip = 0; function resetValues() { totalHeight = 0; targetChildElement = null; } // Check if story is in the blacklist of articles to remove smartassets // [2017.07.27] Results of a one-off request from r.barbieri if(BLACKLIST[location.pathname] === true) { return } if(storytext ==...

Millennials may not be able to afford retirement essentials

Millennials may not be able to afford retirement essentials – Dec. 4, 2013 by Melanie Hicken   @melhicken December 4, 2013: 12:29 AM ET Find out if you will have enough to retire. Click the image to use our retirement calculator. While many Americans are falling short on savings, millennials are most at risk of being unable to afford essential retirement expenses — such as food, shelter and medical care, according to a Fidelity Investments survey released Wednesday. Fidelity found that about 55% of people surveyed are at risk of being unable to cover these expenses. ‘; var storytext = document.getElementById(‘storytext’); var heightToSkip = 0; function resetValues() { totalHeight = 0; targetChildElement = null; ...

Pensions ask retirees to pay back tens of thousands

by Melanie Hicken   @melhicken October 25, 2013: 2:29 PM ET Carole Grant, 75, has been told she owes almost $61,000 for nearly 20 years of pension overpayments. Some pension plans have overpaid retirees for years — now they’re demanding their money back. For retirees, it can mean owing tens of thousands of dollars. And with little warning, their pension checks are being slashed to cover their debt. ‘; var storytext = document.getElementById(‘storytext’); var heightToSkip = 0; function resetValues() { totalHeight = 0; targetChildElement = null; } // Check if story is in the blacklist of articles to remove smartassets // [2017.07.27] Results of a one-off request from r.barbieri if(BLACKLIS...

Many middle-class Americans plan to work until they die

Many middle-class Americans plan to work until they die – Oct. 23, 2013 by Melanie Hicken   @melhicken October 23, 2013: 2:00 PM ET Many middle-class workers plan to work throughout their old age, according to a recent Wells Fargo survey. A growing percentage of middle-class Americans say they have saved so little for retirement that they expect to work into their 80s or even until they either get too sick or die, according to a recent survey. Nearly half of middle-class workers said they are not confident that they will be able to save enough to retire comfortably, according to a Wells Fargo survey of 1,000 workers between the ages of 25 and 75, with household incomes between $25,000 and $100,000. ‘; var storytext = document.getElementById(‘storytext’); ...

Savings Calculator

Connect Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. . All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor’s and S&P are registered trademarks of Stand...

When will you be a millionaire?

Connect Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. . All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor’s and S&P are registered trademarks of Stand...