P.J. O'Rourke, political reporter and "The Baby Boom" author, explains why he does not think the baby boom generation is not responsible for any of the problems in the world right now.» Read More
Jerry Webman, Chief Economist & Senior Investment Officer at Oppenheimer Funds, says a demographic wave is hitting the U.S. economy, which will help the household sector.
*Asia, U.S. profits rise sharply. LONDON, Aug 12- British insurer Prudential reported a 22 percent jump in its first-half profits on Monday, underscoring the appeal of its Asian business and bolstering chief executive Tidjane Thiam's decision to bet on the fast-growing region. More than four-fifths of Prudential's sales now come from outside of the UK.
LONDON, July 31- Slowly but unsurely, Europe is facing up to population trends that will sap long-run economic growth and force nations to choose between cutting pensions and welfare benefits or paying higher taxes to maintain them.
WASHINGTON, July 24- Add this to the growing pile of research that seems designed to scare baby boomers out of their Birkenstocks. "The baby boom may end with a whimper," wrote Chris Kahn, the Bankrate analyst who worked on the study. " Before 1940 there was no Social Security.
Obamacare opponents have been warning for several years now that Medicare Advantage, the private plan option that seniors can pick instead of traditional fee-for-service Medicare, would fail because of the healthcare law's impact on the program.
July 16- New York's top financial regulator is examining whether to let two insurers owned by private equity firms buy annuity businesses, people familiar with the matter said, perhaps imposing rules to cut potential risks to policyholders.
SYDNEY, July 4- For a modern developed nation, Australia is taking a less-travelled path to prosperity. New South Wales, the country's most populous state, plans to splurge A $60 billion on infrastructure in just the next four years to meet growing demand. But again Australia is better placed than many to cope.
*Earnings $0.27/ share vs est $0.27. June 27- Winnebago Industries Inc said its quarterly profit almost doubled in the important spring selling season as rising U.S. consumer confidence pushed up demand for its motor homes, offering further evidence of a strengthening U.S. economy. The stock was up 0.7 percent at $21.12 at midday on the New York Stock Exchange.
WASHINGTON, June 26- U.S. workers with advanced skills in areas such as math, science and healthcare are growing more scarce, with a shortfall of 20 million adequately educated workers expected by 2020, a study released on Wednesday found.
WASHINGTON, June 26- Paul Ryan, the Republican congressman and former vice-presidential candidate best known for his war on spending, is emerging as his party's leading champion of immigration reform in the U.S. House of Representatives.
PARIS/ LONDON, June 26- Their birth heralded the longest phase of economic growth in living memory. A small but fast-growing class of mutual funds is buying shares in firms with most to gain from ageing populations, from drugmaker Roche and Norwegian Cruise Line to funeral operator Service Corporation International.
A new report finds that seniors who are African-American, Hispanic, female or 80 and older are more likely to face economic woes than other older Americans.
Helping baby boomers navigate the future is becoming a big business, but now, there's a freebie: LifeReimagined.org from AARP.
The world's biggest investors are seeking more stable cash income at home, as aging societies and tighter regulation dull risk appetite.
A survey by TD Ameritrade is the latest in a raft of bad news about the prospects of the generation about to retire.
CVS Caremark is looking at changes in U.S. healthcare as an opportunity to serve more customers, whether they are picking up prescriptions, getting them through the mail or stopping by an in-house MinuteClinic for a checkup.
For many boomers, the drug never held the stigma it did for previous generations, and they tried it decades ago. Some have used it ever since, while others are revisiting the habit in retirement, either for recreation or as a way to cope with the aches and pains of aging.
Nursing homes are not a baby-boomer play. They are pure real estate. Here’s why you should avoid these stocks.
The job market may be getting tough, but these companies are hiring more entry-level workers than a year ago.
Buy stocks with long-term bullish themes, Cramer says. That way you don't have to worry about the short-term volatility in the market.