Personal Finance

Your Money in the News

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.


Rupiah in Steepest Three-Day Gain Since 2008 on Stock Inflows

Indonesia’s rupiah headed for its steepest three-day gain since 2008 as foreign investors returned to the nation’s stocks amid improving sentiment toward emerging markets and the government prepared to release the third part of a stimulus package.

Cures-for-Dollars Model Comes Undone as Biotech Sinks

For the last five years, biotechnology and pharmaceutical stocks have surged on an assumption about the companies that invent and sell drugs for American patients: Invent amazing treatments that save lives and cure the sick, and you can charge pretty much what you want.


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

Where Are Emerging Markets Headed?

Viktor Shvets, head of Asian strategy at Macquarie Securities, discusses the outlook for emerging markets. He speaks to Bloomberg's Rishaad Salamat on "Trending Business." (Source: Bloomberg)

Emerging Markets: Crisis or Buying Opportunity?

Some analysts are saying what we are currently seeing in emerging markets could rival the 1997 Asian crisis. However, others say now is the time to get in. Bloomberg's Enda Curran reports on "First Up." (Source: Bloomberg)

Where to Find Value in U.S. and Chinese Stocks

Chris Bertelsen, chief investment officer at Global Financial Private Capital, discusses the U.S. and Chinese markets and how he's advising his clients. He speaks to Bloomberg's Angie Lau on "First Up." (Source: Bloomberg)

Wall Street Meets Hollywood

Filmmakers detail why the financial industry makes for great storytelling. Bloomberg’s Stephanie Mehta speaks with Alysia Reiner and Sarah Megan Thomas, Executive Producers of “Equity.” They speak at the Bloomberg Markets Most Influential Summit in New York. (Source: Bloomberg)

The Next Most Influential

A look ahead to what future Most Influential lists will look like. What are the big challenges that business finance will confront in coming years, and how will those challenges shape future CEOs and other business leaders. Bloomberg’s Stryker McGuire speaks with Nick Badman, Chairman of Peter Callum Centre for Entrepreneurship at Cass Business School, Neal Lawson, Chair at Compass, Ann LeFrance, Partner at Squire Patton Boggs and Andrew Wessels, Founder and CEO of The Marque. They speak at the Bloomberg Markets Most Influential Summit in London. (Source: Bloomberg)