Personal Finance

Your Money in the News

Minutes Show Fed Leaders Delayed Rate Hike Over Global Risks

Federal Reserve officials put off an interest-rate increase in September because of growing risks, mainly from China, to their outlook for economic growth and inflation even as they continued to say they were on track to raise the target later this year.


Ontario Seeks to Raise Up to $1.3 Billion in Hydro One IPO

Ontario’s provincial government is seeking to raise as much as C$1.7 billion ($1.3 billion) from selling a 15 percent stake in its Hydro One Ltd. utility, an amount less than the initial guidance in April from Premier Kathleen Wynne’s government.

China's Economy Doesn't Merit Persistently Weaker Yuan: PBOC

A top Chinese central banker said a “persistent" weakening of the yuan would be inconsistent with the fundamentals of the world’s second-biggest economy, and the country is committed to making its currency regime more flexible and market based.

Italy Seeks to Raise Up to $4.2 Billion in Poste IPO

Italy plans to raise as much as 3.7 billion euros ($4.2 billion) by selling stock in state postal company Poste Italiane SpA, the country’s biggest initial public offering since it sold a stake in utility Enel SpA in 1999.

SeaWorld Dips as Breeding Ban Forces Review of Whale Project

SeaWorld Entertainment Inc., the embattled theme-park operator, fell as much as 6.3 percent on Friday after saying it will review plans to build a $100 million killer-whale habitat in San Diego, in light of new restrictions enacted by California regulators.


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

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.

Videos: In The Money

Is It Time to Buy the Dip in Health-Care Stocks?

James Tierney, Alliance Bernstein's chief investment officer, discusses the performance of health-care stocks with Bloomberg's Scarlet Fu and Alix Steel on "Bloomberg Markets." (Source: Bloomberg)

Why the Miner Rally Is a Major Deal

Greg Sharenow, Pimco executive vice president and portfolio manager, discusses the rally in miner stocks and the collapse in commodities prices with Bloomberg's Scarlet Fu and Alix Steel on "Bloomberg Markets." (Source: Bloomberg)

Is the Fed Behind the Curve on Interest Rates?

Erik Nielsen, Unicredit's global chief economist, discusses the outlook for Federal Reserve monetary policy with Bloomberg's Alix Steel and Scarlet Fu on "Bloomberg Markets." (Source: Bloomberg)

M&A Cooks Valuation Volatility Into Packaged Food

The packaged food industry, looked upon as a steady safe-haven for investors, is seeing increased volatility as M&A activity in the industry boosts valuations. Bloomberg's Michael Halen reports on "Bloomberg Markets." (Source: Bloomberg)