Personal Finance

Your Money in the News

Minutes Show Fed Leaders Delayed Rate Hike Over Global Risks

Federal Reserve officials put off an interest-rate increase in September because of growing risks, mainly from China, to their outlook for economic growth and inflation even as they continued to say they were on track to raise the target later this year.


Stiglitz Says Fed Should Hold Rate as Treasuries Beat Stocks

Joseph Stiglitz, the Nobel-prize-winning economist, said the Federal Reserve should hold interest rates unchanged through 2015 to support the U.S. economy. Treasuries rose and were poised to beat an index of global stocks for a second year on demand for safety.

Asia Stocks Set for Best Week Since 2011 as Fed, Oil Buoy Shares

Asian stocks rose, with the regional benchmark index heading for its biggest weekly advance since December 2011, as U.S. shares rallied after minutes from the Federal Reserve’s latest meeting indicated the central bank won’t rush to raise interest rates. Energy companies led gains as oil headed for its steepest weekly increase since August.

Asia Stocks Extend $2.5 Trillion Global Rebound as Ringgit Soars

Asian stocks rose, extending a global equity rally, and Malaysia’s ringgit headed for its best week since 1998 as investors piled back into riskier assets amid speculation the Federal Reserve won’t be raising interest rates until risks from outside the U.S. subside. Treasuries climbed.

FOMC Minutes Sap Confidence in Fed's 2015 Rate Hike Resolve

Many economists still take Federal Reserve policy makers at their word and predict the central bank will raise interest rates this year. Yet, even their confidence was shaken a bit on Thursday after the Fed released the minutes of its most recent policy meeting.


How to Find -- and Afford -- Your Second Act


$5.7 billion

The Internal Revenue Service collected about that much in 2011 from penalties for early withdrawals from 401(k) retirement savings accounts

Payrolls Rise Less Than Projected, U.S. Jobless Rate Steady

Payrolls rose less than projected in September, wages stagnated and the jobless rate was unchanged as people left the workforce, signaling the global slowdown and financial-market turmoil are rippling through the world’s largest economy.

Videos: In The Money

Tips for Investing in Biotech Companies

David Sherman, Cohanzick Management's founder, discusses his strategy for investing in biotech companies with Bloomberg's Pimm Fox on "Bloomberg Markets." (Source: Bloomberg)

Are Negative Interest Rates Realistic?

Michael Feroli, JPMorgan's chief U.S. economist, comments on the minutes from the September meeting of the Federal Reserve's policy-setting Federal Open Market Committee. He speaks with Bloomberg's Joe Weisenthal, Scarlet Fu and Alix Steel on "What'd You Miss?" (Source: Bloomberg)

Why the TPP Agreement Is a Big Deal for Investors

Jeffrey Kleintop, Charles Schwab's senior vice president and chief global investment strategist, discusses the outlook for global markets and the commodities rout with Bloomberg's Pimm Fox on "Bloomberg Markets." (Source: Bloomberg)