Mar 26, 2012 The Catholic church in Spain is trying to draw more members to its ranks by promising a "job for life," but that is problematic for a number of reasons.
Mar 8, 2012 My problem is that my brother (in his late 20s) is super lazy and would never do any financial planning on his own. I've been trying to get him to open a Roth IRA for a while, but no chance. So now I'm thinking of starting one for him for his birthday and setting it up so a certain portion of his paycheck will transfer automatically. But there's no way he will ever be motivated/responsible enough to do his own investing. I'm not sure what strategy to follow because I don't want to do his investments for him. Is it worth hiring a professional? Do the major online trading sites (Etrade, Vanguard, ScottTrade, etc.) offer some kind of package where you just add some money and it is professionally invested for you? Any advice you have would be greatly appreciated!! Thank you! Laura, Chicago, IL
Heidi N. Moore
Mar 8, 2012 Private investors are being asked to accept big losses on their loans to Greece, in order for the country to get more bailout money and avoid a messy default that could send Europe back into crisis. About two-thirds of bondholders so far have agreed.
Mar 7, 2012 I don't think investors should fear the march of time. The specter of a baby boomer-driven stock and bond market implosion seems implausible to me largely because of the move toward market economies around the world. By the time retiring boomers are selling in earnest, markets will be even more global than they are now. There are a lot of foreigners to buy U.S. assets.
Feb 17, 2012 Yep, that’s trillion with a “T”.
Feb 8, 2012 We speak to two unemployed Spanish women in Madrid about the dire job situation in their country.
Jan 26, 2012 Learn the difference between secured and unsecured debt -- a lesson that Irish taxpayers could use as they face the prospect of footing the bill for the bailout of state-owned Anglo Irish Bank.
Jan 11, 2012 News today that the German economy contracted sent markets down sharply. But was it all just noise?
Jan 4, 2012 The hard economic times in Europe have actually been a good thing for Germany, which can still borrow at low rates and benefit in export markets.