Personal Finance

Your Money in the News


PetroChina in $2.4 Billion Asset Sale as Parent Target Nears

PetroChina Co. plans to sell its stake in a pipeline company for as much as 15.5 billion yuan ($2.4 billion) as the nation’s biggest oil and gas producer seeks to meet year-end profit targets and focus on exploration amid a slump in energy prices.

Ophir Energy Said to Receive Merger Interest Amid Oil Slump

Ophir Energy Plc, the U.K. oil and gas explorer active in Africa, has received informal takeover and merger interest from several parties as a slump in crude oil prices forces independent operators to consolidate, according to people with knowledge of the matter. The shares rose the most in seven months.


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

Videos: In The Money

Oil Glut Helps Market Accept Turkey-Russia Tension

Bill Baruch, senior market strategist at Iitrader and Bloomberg's Matt Miller examine the oil market's reaction to the tension between Turkey and Russia in today’s “Futures in Focus.” They speak on "Bloomberg ‹GO›." (Source: Bloomberg)

Citigroup Sees Single-Digit 2016 Market Environment

Tobias Levkovich, chief U.S. equity strategist at Citigroup, looks ahead to markets in 2016 and how a Federal Reserve rate hike, the presidential election and other factors may impact returns. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)

Why the Bank of Japan May Ease More in 2016

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)