Retailers see economy staying tough for shoppers
NEW YORK (Reuters) - High gasoline and food prices and a slow recovery in jobs will continue to weigh on consumers this year, except for those that buy $98 yoga pants and $400 baseball bats, retailers and manufacturers said this week.
Recent Personal Finance News
Mobile banking to help 2 billion people by 2020
FRANKFURT (Reuters) - Mobile financial services are expected to improve the lives of around 2 billion people in developing countries within a decade and boost economies, a Boston Consulting Group study found.
Small mortgage lenders express reform worry
WASHINGTON (Reuters) - U.S. lenders and community bankers sounded the alarm to lawmakers on Tuesday over proposed federal rules aimed at reducing risk-taking on mortgage lending, saying the guidelines could hurt small banks and impair credit markets.
Insurers look past bonds amid low rates: Deutsche
NEW YORK (Reuters) - Insurers do not expect interest rates to rise materially in the next year or so, leading them to look for alternatives to improve returns and manage risk, the head of the world's largest asset manager for insurance companies said on Tuesday.
State, local budgets closer to recovery: report
WASHINGTON (Reuters) - State and local governments brought in record first-quarter revenues this year, according to a Census Bureau report released on Tuesday that offered a sign their budget crises may be abating.
Worst demand in a year for U.S. 5-year debt sale
NEW YORK (Reuters) - The government sold $35 billion worth of five-year debt on Tuesday in the weakest auction for such bonds in a year, raising worries the market has become too expensive after a long rally.
Funds/ETFs Markets
A fix for early retiree healthcare mess?
Pricey policies and pre-existing conditions make finding health insurance one of the biggest challenges for early retirees. What to do before Medicare kicks in? Here are some options to finding solutions. Full Article
What makes a winner at the 2011 Lipper Fund Awards? High average annual total returns is a good start, but don't rule out the importance of volatility. Join us in honoring the funds that have excelled in delivering the best for investors. Full Coverage
Markets
- U.S.
- Europe
- Asia
- Sectors
| DOW | 12,188.69 |  +145.13 |
+1.21% |
| S&P 500 | 1,296.67 | +16.57 |
+1.29% |
| NASDAQ | 2,729.31 | +41.03 |
+1.53% |
| TR US Index | 118.71 | +1.57 |
+1.34% |
Sector Summary
| Energy | +2.23% |
| Basic Materials | +1.57% |
| Industrials | +1.07% |
| Cyclical Goods & Services | +1.42% |
| Non-Cyclical Goods & Services | +0.48% |
| Financials | +0.87% |
| Healthcare | +1.27% |
| Technology | +1.19% |
| Telecoms | +0.31% |
| Utilities | +0.69% |
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