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.


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

U.S. Oil Producers Prove Resilient Through Efficiency

Daniel Yergin, vice chairman at IHS, talks with Erik Schatzker about how oil prices factor into U.S. oil producers' ability to maintain production levels amid declining rig counts and looks ahead to oil prices through 2016. He speaks on "Bloomberg Markets." (Source: Bloomberg)

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)