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.
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.
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.
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.
IMF reduces global growth projections as U.S. expansion weakens
July 09, 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 AMTreasury 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.
AllianceBernstein liquidates Public-Private Investment Program fund for Treasury
October 09, 2012 01:00:00 AMOccupy Wall Street birthday draws fewer protesters, more arrests
September 17, 2012 01:00:00 AMNew York City police on Monday arrested 124 Occupy Wall Street protesters celebrating the movement's first birthday.
DNC platform short on details for private-sector retirement plans
September 04, 2012 01:00:00 AMPrivate-sector retirement plans got a passing mention Tuesday at the Democratic National Convention, where the party platform focused on Social Security.
67% of state debt tied to pension liabilities, budget reform group says
August 28, 2012 01:00:00 AMMarket-valued unfunded public pension liabilities made up 67% of all state debt, according to a report Tuesday by State Budget Solutions, a non-profit organization advocating state budget reform.
Swedish reprieve on liabilities only temporary, regulator says
June 19, 2012 01:00:00 AM401(k) tax deferral has up to $70 billion annual price tag
February 15, 2012 12:00:00 AMThe current tax treatment for 401(k) plans costs the U.S. Treasury $50 billion to $70 billion in revenue each year, according to an analysis from the Center for Retirement Research at Boston College.
What a lost decade for the EU, U.S. means to Brazil
October 26, 2011 01:00:00 AMTalking about a “lost decade” brings back bitter memories for Latin Americans of a certain age. It takes us back to the 1980s, when accumulated debt problems led to recession and eventual hyperinflation. We may now face more “lost decades” in the U.S. and Europe.
Fed shifts $400 billion to long-term holdings
September 21, 2011 01:00:00 AM