Personal Finance

Your Money in the News


Citadel Steps Up Criticism of IEX's Plan to Start New Exchange

Citadel LLC is stepping up its criticism of IEX Group Inc., arguing that the company’s plans to start an exchange that tries to level the playing field between firms with the fastest technology and other traders will actually hurt stock markets.

Dollar Nurses Losses on Fed Outlook While Australian Stocks Slip

The dollar maintained losses, following its retreat from a seven-month high against the euro, amid speculation central banks will be gradual in winding down support amid signs of unevenness in the global economy. Australian stocks dropped with Japanese index futures.

BTG Said to Offer Stake in Parking-Lot Firm in Scramble for Cash

Grupo BTG Pactual SA, trying to calm investors after the arrest of its founder last week, is in talks to sell a controlling stake in parking-lot company Allpark Empreendimentos Participacoes e Servicos SA for about 1.5 billion reais ($390 million), two people with knowledge of the situation said.

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.


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

Are Emerging Markets Set for a Comeback?

Pablo Goldberg, BlackRock emerging market debt portfolio manager, discusses the state of emerging markets with Bloomberg's Joe Weisenthal and Alix Steel on "What'd You Miss?" (Source: Bloomberg)

What's Happening in the Currency Market?

Bloomberg's Tracy Alloway discusses what's happening in the currency market with Bloomberg's Alix Steel and Joe Weisenthal on "What'd You Miss?" (Source: Bloomberg)

Is Mark Zuckerberg an Inspiration to Other Founders?

Howard Lindzon, StockTwits chairman and co-founder, reacts to Mark Zuckerberg's plans to give away 99 percent of his stock in Facebook during his lifetime to advance philanthropic causes and discusses social media stock valuations with Bloomberg's Alix Steel and Joe Weisenthal on "What'd You Miss?" (Source: Bloomberg)