A new study found wealthy people in states with skewed income scales were less generous.
Your Money in the News
That is, if you consider these five yearend moves radical. As many people seem to. Or else why isn't everyone making them?
Sales at U.S. retailers rose less than forecast in October as consumers pocketed the money saved after fueling up their cars.
U.S. wholesale prices unexpectedly declined in October for a second month, depressed by falling costs of food and new model light trucks.
ETF investors are a step ahead of DoubleLine’s CEO, having poured close to $5 billion into India over the past two years.
The U.S. economy will continue to stumble for the next two years and global growth is a concern as well, billionaire Ronald Perelman said.
Employment snapped back with a vengeance in October, wage growth accelerated and the jobless rate fell to 5 percent, boosting the odds that Federal Reserve policy makers will raise borrowing costs next month.
The number of Americans filing for unemployment benefits climbed to the highest level in five weeks, representing a pause in the recent progress that left claims at their lowest level since 1973.
New town, old-timers.
People without a 401(k) or other plan at work now have a free savings option with a modest guaranteed return.
American manufacturing remained stuck in neutral in October as factories struggled with dwindling overseas demand and well-stocked customers at home.
Household spending rose less than forecast in September, showing the biggest part of the U.S. economy ended a strong quarter on a weak note.
Cheyne Pace’s Yale Capital is this year’s fastest-growing registered investment adviser, thanks to master limited partnerships and other money-conserving strategies.
Your plan could try to boot you after a big premium boost in the U.S. budget deal.
There's a lot to keep track of over the next few weeks
Videos: In The Money
Lucy MacDonald, Allianz Global Investors CIO of global equities, discusses the impact of European geopolitical risk on equities. She speaks with Bloomberg's Guy Johnson on "Countdown." (Source: Bloomberg)
Norman Chan, NAB Private Wealth Advisory investment director, discusses the outlook for BOJ and Fed monetary policies, the plunge in commodities prices and the state of China's economy on "Asia Edge." (Source: Bloomberg)
Bernard Aw, IG Asia market strategist, discusses the outlook for Fed monetary policy with Bloomberg's Rishaad Salamat on "Trending Business." (Source: Bloomberg)
Bob Brown, head of Fidelity Investment's Institutional Fixed-Income group, joined Bloomberg TV Canada's Pamela Ritchie to discuss his outlook for another ECB rate cut in early December and where he sees opportunities in the global bond market. (Source: Bloomberg)
In today's "Stock Exchange," Bloomberg's Juliette Saly, David Ingles and Haidi Lun discuss the top three stocks to watch in Asia on "First Up." (Source: Bloomberg)