Debate rages over practicality of modern monetary theory
April 15, 2019 01:00:00 AMThe debate circling around MMT has not escaped institutional investors, who want to know their money manager's take on the macroeconomic view.
Global economist warns of perils of short-termism
October 15, 2018 01:00:00 AMGlobal economist Dambisa Moyo talks politics, infrastructure requirements and the need to reset ideals.
Professors get Nobel award for climate change analysis in economics
October 08, 2018 01:00:00 AMTwo receive the 2018 Nobel Memorial Prize in Economic Sciences "for integrating climate change into long-run macroeconomic analysis."
BlackRock Investment Institute hires head of economic, markets research
August 02, 2018 01:00:00 AMElga Bartsch joined the BlackRock Investment Institute as head of economic and markets research.
Connecticut's high unfunded pension liabilities leads to credit downgrade
April 17, 2018 01:00:00 AMS&P Global Ratings lowered its rating on Connecticut's of general obligation debt to A from A+ in part because of its high unfunded pension liabilities.
Kroll Bond Rating Agency lifts Chicago bond rating 2 notches on pension reforms
February 05, 2018 12:00:00 AMKroll Bond Rating Agency raised Chicago's long-term general obligation bond rating two notches to A from BBB+, citing efforts to reduce the city's pension burden.
House of Lords EU subcommittee urges financial services clarity following Brexit
January 26, 2018 12:00:00 AMA no-deal outcome of negotiations involving the U.K.'s exit from the EU risks market fragmentation and financial instability.
U.S., U.K., Australian citizens struggle with retirement readiness — actuary survey
October 12, 2017 01:00:00 AMPeople in the U.S., U.K. and Australia are struggling to prepare for retirement because of increasing demands on them to manage their own risks.
Richard Thaler, famed for 'nudge' theory, wins Nobel economics prize
October 09, 2017 01:00:00 AMUniversity of Chicago professor Richard H. Thaler was awarded the Nobel economics prize "for his contributions to behavioral economics."
Richard Thaler, famed for 'nudge' theory, wins Nobel economics prize
October 09, 2017 01:00:00 AMUniversity of Chicago professor Richard H. Thaler was awarded the Nobel economics prize “for his contributions to behavioral economics.”
Execs point to Abenomics as reason for risk posture
November 16, 2015 12:00:00 AMPensions & Investments' ninth annual global pension symposium in Tokyo, under the banner this year of “derisking vs. risk taking,” found Japan's public and corporate pension funds staking out ground on opposite sides of the risk spectrum.
Federal Reserve minutes: Possible rate rise 'subject to considerable uncertainty'
July 10, 2013 01:00:00 AMIMF reduces global growth projections as U.S. expansion weakens
July 09, 2013 01:00:00 AMBlackRock says Fed tapering would help economy as stimulus fails
June 27, 2013 01:00:00 AMBogle: U.S. faces 3 retirement 'train wrecks'
June 13, 2013 01:00:00 AMThe U.S. is facing three retirement “train wrecks”: the growth of social security entitlements, “grotesquely underfunded” pension funds, and the structure of defined contribution plans, Jack Bogle, founder of the Vanguard Group, said Thursday at the 25th annual Morningstar Investor Conference in Chicago.
Fed's policy jeopardizes achievement of its goals and risks upending markets
April 22, 2013 01:00:00 AMJapan's new economics and reforms underpin dynamics
April 15, 2013 01:00:00 AMIt is a well-known saying in the investment community that Japanese equities should be occasionally rented, but never owned. Are there any reasons to believe the current market rally is different? Dramatic changes are now taking place in Japan. What we are witnessing is a very real opportunity for Japan to break out from the economic and political stagnation that it has endured over the past two decades.
Fitch awards investment-grade rating to Philippines
March 27, 2013 01:00:00 AM2 professors, portfolio manager share SPIVA grand prize
March 18, 2013 01:00:00 AMBrookings Institution: Shift retirement tax incentives to lower-income households
February 26, 2013 12:00:00 AMFederal tax subsidies for retirement savings should be redirected to get more people saving for retirement and other purposes, according to the Brookings Institution's Karen Dynan, vice president and co-director of economic studies.
Decline slows, but U.S. still waiting for household savings increase
February 25, 2013 12:00:00 AMThe steady decline in key household savings indicators — including retirement savings — in recent years slowed to a less than two-percentage-point drop from February 2012 to February 2013 compared to a seven-percentage-point drop from 2010 to 2012, according to the America Saves survey.
Treasury yields fall from nine-month highs as economy contracts
January 30, 2013 12:00:00 AMTreasury 10-year yields fell from the highest level in nine months after a government report showed the U.S. economy unexpectedly contracted in the fourth quarter.
Fed stays put on rates, bond buys
January 30, 2013 12:00:00 AMGradual economic growth and little progress in the unemployment rate convinced members of the Federal Open Market Committee to continue with monthly Treasury purchases of $85 billion and to keep the federal fund rate at zero to 0.25%, according to a statement from the first two-day meeting of 2013.
Mercer: Decline in working-age population to affect pension funds
November 29, 2012 12:00:00 AMThe U.S. pension system is expected to become more difficult to keep adequately fund as the “working-age” population is expected to decline by 2020, according to a report from Mercer.
Challenges after re-election
November 12, 2012 12:00:00 AM