| Jul 30, 2014
| 10:54 AM
NEW YORK (Reuters) - Bill Gross, manager of the world's largest bond fund, said Wednesday that income, rather than capital gains, would drive future investment returns as a result of low global economic growth.
"Capital gains from almost all asset...
| Jul 20, 2014
| 8:13 PM
Allianz SE, the German company that owns Pacific Investment Management Co., is standing behind Chief Investment Officer Bill Gross, even as his main fund trails peers' and struggles with heavy investor withdrawals.
"We want Bill Gross to work as CIO for...
| Jul 3, 2014
| 7:43 AM
U.S. employment growth jumped last month while the unemployment rate neared a six-year low, decisive evidence the economy is moving forward at a brisk clip after a surprisingly big slump at the start of the year.
The economy added 288,000 jobs in June...
| Apr 28, 2014
| 8:22 AM
Madrid, 28 abr (EFE).- Bayern y Real Madrid son los dos equipos europeos que más veces se han enfrentado en la competición más prestigiosa del mundo, y han alimentado una rivalidad repleta de polémicas y anécdotas, en las que el conjunto...
| Jun 26, 2014
| 3:11 PM
Fear is a powerful motivator for consumers, and it underlies more of our spending decisions than we'd care to admit.
We're afraid of identity theft, so we buy credit monitoring. We fear our new iPhone will break, so we buy an extended warranty. We...
| May 27, 2014
Katie Libbe of insurance company Allianz, which conducted the survey on the financial stability of families, may be an expert on consumer insights, but she is a questionable source for quotes. ("'Modern' families struggle more financially than...
| May 19, 2014
| 7:30 AM
Question: I recently acquired round-trip business-class tickets for Europe using reward points — more than 200,000 points — with credit card awards. Will travel insurance reimburse me in dollars if I cancel my trip, and how will the...
| May 21, 2014
| 12:03 PM
Nontraditional families, such as those headed by single parents or same-sex couples, are in far worse financial shape than conventional households headed by married heterosexuals with children, according to a new study.
Nontraditional families fare much...
| Jan 1, 2014
| 2:30 AM
Who wants to remember bad milestones? Do we really need to go back five years, when the S&P 500 closed out the disastrous 2008 at 903.25? Most of us would prefer to focus on the fact that the index has more than doubled since those dark days.
| Feb 8, 2014
| 7:03 PM
Jimmy Walker had a hot hand in the cold wind Saturday and built a six-shot lead in the AT&T Pebble Beach National Pro-Am.
Walker made his first bogey of the tournament, and that hardly slowed him. He countered with five birdies in 30 mph gusts at...
| Jan 21, 2014
| 2:07 PM
Mohamed El-Erian unexpectedly resigned from his post as chief executive and co-chief investment officer of global investment management firm Pimco on Tuesday, the firm said in a statement.
El-Erian will leave the firm in March and will remain a member...