Students Need ‘Bs’ to Keep Parents’ Cash Flowing, Fidelity Says - Bloomberg

Students Need ‘Bs’ to Keep Parents’ Cash Flowing, Fidelity Says By Alexis Leondis Two-thirds of U.S. parents said they’ll only pay for their children’s college education if they maintain minimum…


FRBSF Economic Letter: Boomer Retirement: Headwinds for U.S. Equity Markets? (2011-26, 8/22/2011)

Boomer Retirement: Headwinds for U.S. Equity Markets? By Zheng Liu and Mark M. Spiegel Historical data indicate a strong relationship between the age distribution of the U.S. population and stock…


Obama Talks to Buffett About Economy

President Barack Obama, preparing for a post-Labor Day speech with plans for stimulating the economy, talked with billionaire Warren Buffett about how to boost job creation and spur growth. “The…


Sign of a top? GLD Moves Into Top Spot, Surpasses SPY As Biggest ETF - Focus on Funds

GLD Moves Into Top Spot, Surpasses SPY As Biggest ETF Is $5,000/Ounce The New Target In Gold’s Run?MKM: Buy Silver ETF (14% Upside); Pair Utilities With October Calls By Murray Coleman Here’s another…


S&P replaces president with Citibank exec after U.S. downgrade

(Reuters) - The chief of Standard & Poor's will step down next month, to be replaced by a senior Citibank executive, in a move announced a few weeks after the credit rating agency downgraded U.S.…


Obama’s Attack on Goldman Sachs May Trigger Recession

The regulators Goldman Sachs NYSE:GS witch hunt is spooking investors. Goldman shares fell sharply in the final minutes of regular trading after Reuters reporting the hiring, finishing down 4.7…


China Details Yuan Use Offshore

SHANGHAI--China has released draft guidelines on foreign investors' use of yuan acquired overseas for direct investment in the country, taking another significant step forward in further…