Category: Business

73% Of Americans Have Financial Regrets

11:07 am Eastern | U.S. News

Nearly 3-in-4 U.S. adults have financial regrets, according to a new Bankrate.com report. The most common is not saving for retirement early enough, followed by not saving enough for emergency expenses and taking on too much credit card debt.read more »

SEC Files Charges in Trading Scheme Involving Confidential Government Information

10:50 am Eastern | U.S. News

The Securities and Exchange Commission today announced charges in an alleged insider trading scheme involving tips of nonpublic information about government plans to cut Medicare reimbursement rates, which affected the stock prices of certain publicly traded medical providers or suppliers. The SEC’s complaint alleges that David Blaszczak, a former government employee turned political intelligence consultant, obtained key confidential details about upcoming decisions by the Centers for Medicare and Medicaid Services (CMS) from his close friend and former colleague at the agency, Christopher Worrall.  According to the SEC’s complaint, Worrall serves as a health insurance specialist in the Center for Medicare and tipped Blaszczak about at least three pending CMS decisions that affected the amount of money that companies receive from Medicare to provide services or products related to cancer treatments or kidney dialysis.  Blaszczak allegedly tipped two analysts at a hedread more »

Bank of America to Participate in the Bernstein Strategic Decisions Conference on May 31

10:07 am Eastern | Business

Bank of America Chief Executive Officer Brian Moynihan will participate in the Bernstein Strategic Decisions Conference on Wednesday, May 31 at 9 a.m. Eastern Time. A live audio webcast will be accessible through the Bank of America Investor Relations website at http://investor.bankofamerica.com. A replay will also be available.

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Seeking a ‘Traditional’ Retirement? Move to Chicago

9:10 am Eastern | Business

Chicagoans and older Americans across the country are saving for retirement, while younger Americans across the country are saving long-term for financial freedom. Sixty-three percent of millennials nationwide are looking to achieve the amount of money or savings needed to live their desired lifestyle, while Chicagoans (52 percent) and older Americans, including Gen Xers and baby boomers (55 percent), are saving to leave the workforce.

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Atlanta Forgoes Saving for Retirement With a New Goal in Mind

9:10 am Eastern | Business

Atlanta residents are mirroring millennials across the country as they start to plan long-term for financial freedom instead of retirement. Fifty-seven percent of Atlanta residents and 63 percent of millennials in the United States are looking to achieve the amount of money or savings needed to live their desired lifestyle, while Gen Xers and baby boomers in the United States (55 percent) are saving to leave the workforce.

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South Florida Residents Prioritize Lifestyle Over Retirement

9:10 am Eastern | Business

South Floridians may be ahead of the curve, following the national shift of millennials planning for financial freedom over retirement. Fifty-three percent of South Floridians and 63 percent of millennials nationally are looking to achieve the amount of money or savings needed to live their desired lifestyle, while Gen Xers and baby boomers in the United States (55 percent) are saving to leave the workforce.

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Your IMF Update: Mission Concluding Statement - Norway

7:09 am Eastern | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Press Release - Bulgaria

23 May 23:10 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Press Release

23 May 17:54 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: IMF Policy Paper

23 May 17:39 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

SEC and MSRB to Hold Webinar on Series 50 Exam for Municipal Advisors

23 May 14:45 | U.S. News

The Securities and Exchange Commission (SEC) and the Municipal Securities Rulemaking Board (MSRB) today announced a joint educational webinar to assist municipal advisors with understanding their professional qualification requirements. The live webinar, scheduled for Thursday, June 15, 2017, from 3-4 p.m. ET, will provide information on signing up for the MSRB's Municipal Advisor Representative Qualification Examination (Series 50 exam), preparing to take the Series 50 exam, and fulfilling municipal advisor firms' SEC registration obligations. "Providing and maintaining accurate and up-to-date information on municipal advisor firms' initial registration forms and subsequent amendments is essential to ensuring the effectiveness of the municipal advisor registration system," said Jessica Kane, Director of the SEC's Office of Municipal Securities. "In particular, information about associated persons on Form MA-I promotes confidence in the municipal advisor registration regime read more »

Your IMF Update: Country Report No. 17/129 - Mexico, United States

23 May 09:15 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Press Release - Mexico

23 May 09:10 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: IMF Policy Paper

22 May 13:09 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Press Release

22 May 12:55 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: IMF Policy Paper

22 May 12:39 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Foreign Buyers And Immigration Expected To Drive Future Demand For U.S. Housing

22 May 11:14 | U.S. News

U.S. real estate markets are increasingly becoming international, and changing demographics brought forth by immigration and growing interest from foreigners are positioned to bolster home sales activity and prices, according to experts.read more »

Your IMF Update: Press Release - Somalia

22 May 11:09 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Bank of America Enhances Customer Choice: Provides Secure and Reliable Access to Data

22 May 09:33 | Business

As customers look for more ways to view their full financial picture in one place, Bank of America is making updates to its Security Center and working with multiple financial data aggregators to provide customers the ability to simply and securely connect data from their Bank of America accounts to third-party financial management applications. Customers will also soon be able to see exactly which data aggregator services they’ve allowed to access their information.

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Your IMF Update: Speech

20 May 11:41 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Press Release

19 May 17:32 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Federal Reserve imposes $1.2 million fine and permanent ban on employment against former Barclays Bank PLC employee

19 May 15:00 | Business

Federal Reserve imposes $1.2 million fine and permanent ban on employment against former Barclays Bank PLC employeeread more »

SEC Charges Fake Filer With Manipulating Fitbit Stock

19 May 13:25 | Business

The Securities and Exchange Commission today filed fraud charges against a Virginia-based mechanical engineer accused of scheming to manipulate the price of Fitbit stock by making a phony regulatory filing. According to the SEC’s complaint, Robert W. Murray purchased Fitbit call options just minutes before a fake tender offer that he orchestrated was filed on the SEC’s EDGAR system purporting that a company named ABM Capital LTD sought to acquire Fitbit’s outstanding shares at a substantial premium.  Fitbit’s stock price temporarily spiked when the tender offer became publicly available on Nov. 10, 2016, and Murray sold all of his options for a profit of approximately $3,100.  The SEC alleges that Murray created an email account under the name of someone he found on the internet, and the email account was used to gain access to the EDGAR system.  Murray then allegedly listed that person as the CFO of ABM Capital and used a business address associated with that personread more »

Federal Reserve Board issues Report on the Economic Well-Being of U.S. Households

19 May 12:00 | Business

Federal Reserve Board issues Report on the Economic Well-Being of U.S. Householdsread more »

Your IMF Update: Press Release - Guinea-Bissau

19 May 11:46 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

David Peavler, Associate Director of Enforcement in Fort Worth Office, to Leave SEC

19 May 11:35 | U.S. News

The Securities and Exchange Commission today announced that David L. Peavler, Associate Director of Enforcement in the Fort Worth Regional Office, is leaving the agency this month after more than 15 years of service. Mr. Peavler joined the SEC staff as a Staff Attorney and went on to serve as a Branch Chief and then an Assistant Director before being named Associate Director in November 2011.  Mr. Peavler has supervised a staff of more than 60 attorneys and other professionals responsible for investigating potential violations of the federal securities laws by a wide range of market participants. Mr. Peavler received the SEC’s Irving Pollack Award last year in recognition of his “fairness and compassion in dealings with the public and staff, scholarship and professional expertise in execution of their legal duties, and adherence to the highest standards of personal and professional integrity.”  He received the agency’s Arthur F. Mathews Award in 2004 for “sustained dread more »

Mortgage Rates Slide To 5-Month Low

19 May 11:02 | Business

With a flurry of news breaking in Washington, mortgage rates moved to the downside with the benchmark 30-year fixed mortgage rate falling to a five-month low of 4.15 percent, according to Bankrate.com's weekly national survey.read more »

Your IMF Update: Press Release - Brazil

19 May 10:56 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Business Employment Dynamics Latest Numbers

19 May 10:31 | Business

Gross Job Gains: Total Private 7,650,000 in 3rd Qtr of 2016 Historical Data Goods-Producing 1,299,000 in 3rd Qtr of 2016 Historical Data Service-providing 6,351,000 in 3rd Qtr of 2016 read more »

Import/Export Price Indexes Latest Numbers

19 May 10:31 | Business

Imports All Commodities: +0.5% in Apr 2017 Historical Data Fuels & Lubricants: +1.6% in Apr 2017 Historical Data All Imports Excluding Fuels: +0.3% in Apr 2017 read more »

Major Economic Indicators Latest Numbers

19 May 10:31 | Business

Consumer Price Index (CPI): +0.2% in Apr 2017 News Release Historical Data Unemployment Rate: 4.4% in Apr 2017 News Release Historical Data Payroll Employment: read more »

Consumer Price Index Latest Numbers

19 May 10:31 | Business

CPI-U, US City Average, All Items: NSA +0.3% in Apr 2017 Historical Data SA +0.2% in Apr 2017 Historical Data NSA +2.2% since Apr 2016 Historical Dread more »

Current Employment Statistics Latest Numbers

19 May 10:31 | Business

Change in Total Nonfarm Payroll Employment: +211,000(p) in Apr 2017 Historical Data Change in Total Private Average Hourly Earnings for All Employees: +$0.07(p) in Apr 2017 Historical Data Change in Total Private Average Weekly Hours for All Employees: read more »

Mass Layoff Statistics Latest Numbers

19 May 10:31 | Business

Seasonally Adjusted: Total Mass Layoff Events 1,301 in May 2013 Historical Data Change in Total Mass Layoff Events +102 in May 2013 Historical Data Total Mass Layoff Initial Claimants 127,821 read more »

Labor Force Statistics Latest Numbers

19 May 10:31 | Business

Seasonally Adjusted Unemployment Rate: 4.4% in Apr 2017 Historical Data Change in Unemployment Level: -146,000 in Apr 2017 Historical Data Change in Employment Level: +156,000 in Apr 2017 Historical Dataread more »

Millennials Outperform Everyone in Saving, but It’s Not for What You’d Think

19 May 09:04 | Business

Millennials are charting unexplored territory as the first generation toread more »

Your IMF Update: IMF News Article

19 May 08:56 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Regional Economic Outlook Report

19 May 08:46 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Mission Concluding Statement - Russian Federation

19 May 08:41 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

H15: Correction of Treasury rates for April 14, 2017, the week ending April 14, 2017, and the month of April 2017

19 May 05:41 | Business

Incorrect Treasury rates for April 14, 2017, were again received from the external provider of this information and published on May 18, 2017. The H.15 has been updated to correct the inaccurate rates.read more »

Your IMF Update: Press Release - Grenada

18 May 17:26 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Federal Reserve announces results of offering of seven-day term deposits on May 18

18 May 15:30 | Business

Federal Reserve announces results of offering of seven-day term deposits on May 18read more »

Bungie and Activision Unveil Destiny 2 Gameplay with New, Action-Packed, Character-Driven Story and a Breadth of Activities in a Live Broadcast

18 May 14:01 | Business

Blizzard Entertainment to Host Destiny 2 on PC via Battle.net®read more »

Your IMF Update: Press Release - South Africa

18 May 13:11 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Mission Concluding Statement - Republic of Poland

18 May 07:11 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Press Release - Oman

18 May 00:28 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Press Release - Togo

17 May 15:11 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Press Release - Saudi Arabia

17 May 11:11 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

April Home Sales Cooler Than Typical Spring Season

17 May 11:05 | Business

The brisk start to the 2017 home-selling season slowed down in April with home sales dropping 4.1% below March and 4.5% below the previous April, according to this month's RE/MAX National Housing Report. read more »

Your IMF Update: Speech

17 May 04:56 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

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