Investors added $936 million to U.S. exchange-traded funds that buy emerging-market stocks and bonds, erasing two weeks of losses.
Your Money in the News
Having bailed them out and then helped to repair their balance sheets with record-low interest rates and bond-buying, policy makers may assist the financial industry once more when the U.S. Federal Reserve begins tightening monetary policy.
But just barely. Why is it so hard to roll over your old 401(k)?
A reversal of an historic trend.
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.
An August slump sets the stage for a rocky October.
Filings for unemployment benefits in the U.S. declined last week to the lowest level since mid-July, extending a run of applications near decade lows that shows dismissals remain in check.
Americans already spent most of that money, JPMorgan Chase Institute data suggest
Fidelity's estimate jumps from $220,000 to $245,000 for 2015.
(Bloomberg) -- Add another mirror to the house of mirrors
Wall Street profits were $11.3 billion in the first half of 2015, the strongest results in four years, according to a report by New York State Comptroller Thomas P. DiNapoli.
Daycare costs are the biggest line item in many household budgets, Economic Policy Institute data show
The U.S. Supreme Court let stand a major insider-trading ruling that threatens at least 10 convictions and creates what the Obama administration calls a road map for securities fraud.
Outflows from U.S. exchange-traded funds that invest in emerging markets more than doubled last week, with redemptions exceeding $12 billion in the third quarter. Taiwan led the losses in the five days ended Oct. 2.
Just ending the year up will be a challenge. Five offbeat standouts to watch.
Videos: In The Money
Michael Milken, chairman at Milken institute, talks with Anna Edwards about job creation in relation to Europe's refugee crisis and expanding human and social capital in the global middle class being addressed at this week's Milken Institute London Summit. He speaks on "The Pulse." (Source: Bloomberg)
Steven Major, global head of fixed income research at HSBC, explains his firm's call for a 1.5% yield on the U.S. 10-Year bond by the end of 2016. He speaks on "On The Move." (Source: Bloomberg)
Kit Juckes, Societe Generale's global strategist, discusses China's trade data with Bloomberg's Guy Johnson and Caroline Hyde on "Countdown." (Source: Bloomberg)
In today's "Stock Exchange," Bloomberg's Zeb Eckert and Shery Ahn discuss the top stocks to watch in Asia on "First Up." (Source: Bloomberg)
Independent Analyst Guan Yang examines the vulnerabilities in the Danish mortgage market with Bloomberg's Joe Weisenthal on "What'd You Miss?" (Source: Bloomberg)