Personal Finance

Your Money in the News


Prudential Offers Secret to Illiquid Markets: `Buy Good Stuff'

Michael Lillard, who oversees more than $500 billion as chief investment officer of Prudential Fixed Income, said bondholders must be prepared to keep securities for longer than in the past because it’s become tougher to enter and exit positions.

Lew Says U.S. to Ensure Dollar Remains Top Reserve Currency

Treasury Secretary Jacob J. Lew said the U.S. intends to ensure the dollar stays the world’s leading reserve currency a day after the International Monetary Fund elevated the Chinese yuan into a basket alongside the dollar, euro, yen and pound.


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

Brazil Braces for More Economic Woes

Bloomberg's Joe Weisenthal analyzes Brazil's recent economic data. He speaks with Bloomberg's Betty Liu on "Bloomberg Markets." (Source: Bloomberg)

Sould You Get in Avago Ahead of Earnings?

Jim Strugger, an MKM Holdings strategist, discusses the outlook for stocks and his options strategy with Bloomberg's Julie Hyman on "Bloomberg Markets." (Source: Bloomberg)