“I wouldn’t invest in U.S. assets today, but I would buy U.S. paper,” said Sam Zell, chairman of several REITS.
The U.S. economy has “all but stalled and could contract,” said Janet L. Yellen, San Francisco Fed president.
The Motley Fool and Mint.com have announced a partnership in which they will link to each other’s websites.
“It is a far cry from everything we need to do,” but it will help keep homeowners in their homes, Sen. Christopher Dodd said.
Pimco RealRetirement Funds is meant to help retirees stay ahead of inflation by maximizing their purchasing power.
Among 18 mutual fund companies studied, the average firm posted an pre-tax profit margin of 33%.
“This is probably one of the most exciting times [for REITs],” said Marty Cohen, co-chairman and co-CEO of Cohen & Steers.
The number of U.S. workers applying for unemployment benefits grew by 38,000 last week.
