Bloomberg

Bloomberg
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NEWS INDUSTRY NEWS JAN 08, 2015
Warren Buffett's railroad buyout sees big returns thanks to oil boom

Investment in BNSF was just a gamble until Bakken strike

RETIREMENT RETIREMENT PLANNING JAN 07, 2015
Surprising factor in women's retirement decision: grandchildren

Considering taking time off to help? Leaving the workforce early carries higher costs than you may realize.

$6.3B money manager looking for bargains in oil, European industrials
INVESTING EQUITIES JAN 06, 2015
$6.3B money manager looking for bargains in oil, European industrials

At a time when U.S. stocks are beating the rest of the world, Sarah Ketterer mostly invests overseas. And at a time when index funds and exchange-traded funds are ascendant, she invests the old-fashioned way: She scouts for well-run companies and buys them when they look cheap.

Pimco Total Return suffers worst year for redemptions, with Gross, El-Erian departures
INVESTING MUTUAL FUNDS JAN 06, 2015
Pimco Total Return suffers worst year for redemptions, with Gross, El-Erian departures

Investors pull $105 billion, bringing assets to 2008 levels, but withdrawals slow in fourth quarter.

INVESTING FIXED INCOME JAN 06, 2015
Wall Street expecting bad year for bonds with Fed's Yellen poised to raise interest rates

Just about everyone's bearish. But nearly every forecaster was caught off guard in 2014 as Treasuries posted the biggest returns since 2011 even as Janet Yellen and the Federal Reserve ended the historic bond-buying program.

INVESTING EQUITIES JAN 05, 2015
The best- and worst-performing target date funds

The latest data on target date funds through the fourth quarter of 2014, including a look at how J.P. Morgan has thrived in the space.

Morgan Stanley data offered on Internet for virtual currency
YOUR PRACTICE FINTECH JAN 05, 2015
Morgan Stanley data offered on Internet for virtual currency

Financial adviser accused of pilfering data working with the wirehouse.

RETIREMENT RETIREMENT PLANNING JAN 05, 2015
$47M in retirement pay for CEO as crisis spreads for average Americans

Target chief's package a stark contrast to still-working retiree living on $1,000 a month

Bears absent in stock market rally, raising some worries
INVESTING EQUITIES JAN 05, 2015
Bears absent in stock market rally, raising some worries

Analysts, unanimously bullish, on average expecting another 166-point advance in the S&P 500 this year, according to Bloomberg.

Inflation may stay low this year but that won't keep Fed from raising rates
INVESTING FIXED INCOME JAN 05, 2015
Inflation may stay low this year but that won't keep Fed from raising rates

Economists say that although prices will remain under control, the Federal Reserve will lift interest rates this year. The consensus is that a hike could come as early as June but perhaps be delayed until September.