Personal Finance

Your Money in the News

Fed Overstates Impact of Dollar, Oil on Inflation, Goldman Says

U.S. inflation, which the Federal Reserve has tied to its decision of when to raise interest rates, is being restrained more by labor market slack than the transitory influences of a stronger dollar and lower oil prices, Goldman Sachs Group Inc. economists said.


GVC Trumps 888 to Buy for About $1.7 Billion

GVC Holdings Plc agreed to buy Digital Entertainment Plc for about 1.12 billion pounds ($1.7 billion) in cash and shares, winning a four-month battle with 888 Holdings Plc to acquire the online gaming company.

Top Philippine Fund Manager Doubles Cash Levels as Rally to End

The top-performing fund manager in the Philippines has almost doubled cash holdings, betting that the nation’s stocks will extend its longest monthly losing streak since 2002 as China’s economic slowdown roils emerging markets and the U.S. gets closer to raising borrowing costs.


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

Problem With Markets Is Total Uncertainty: Mobius

Templeton Emerging Markets Group Executive Chairman Mark Mobius discusses the outlook for the global economy, U.S. interest rates and the slowdown in China. He speaks to Bloomberg's Rishaad Salamat on "Asia Edge." (Source: Bloomberg)

Commodities Slump, China Weigh on Asian Currencies

Barclays Head of Asia-Pacific FX and Rates Strategy Mitul Kotecha discusses a U.S. and U.K. interest rate hike, the Australian dollar, the Malaysian Ringgit and the British pound. He speaks to Bloomberg's Rishaad Salamat on "Trending Business." (Source: Bloomberg)

Volatility Remains as Uncertainties Haunt Markets

Fountainhead Partners Founding Partner and CIO Pu Yonghao discusses the rout in emerging markets, China's slowdown and China the how he's positioning his portfolio. He speaks to Bloomberg's Rishaad Salamat on "Trending Business." (Source: Bloomberg)

Have We Seen the Lows for Oil Prices?

Greg Smith, managing director at Global Commodities, discusses the outlook for oil prices with Bloomberg's Rishaad Salamat on "Trending Business." (Source: Bloomberg)