NEW YORK, May 17- In the financial world, arbitrage is a trading strategy that earns profit by exploiting price differences between markets. "That's the way we look at it," says Prescher, who lives with his wife, Suzan Haskins, in an apartment with a view of Mount Imbabura. "» Read More
The two strongest equity sectors that have fueled the S&P 500's recovery are consumer staples and consumer discretionary stocks.
Social Security retirement program for the next 75 years. Assistant Senate Democratic leader Dick Durbin said the panel would be modeled after the "Simpson-Bowles" deficit-reduction commission that made recommendations to Congress at the end of 2010, but failed to garner enough support to push its comprehensive budget savings through Congress.
Growth in new money flows will slow to less than 1 percent annually for each of the next five years, according to a study by industry consultants Casey Quirk, as against 6 or 7 percent in the good old days before the crisis.
WASHINGTON, Feb 20- If you have ever been pitched an investment, you've probably been on the receiving end of a "limited time" offer- the kind where you have to act now or forever lose your chance of participating in a great opportunity. In fact, there are many financial decisions best made by procrastinators.
New York, Feb. 7- We've all said it, or at least we've heard it: the claim, made either happily or wearily, that we are never going to retire. They are people like George Middleton, 61, a certified financial planner in Vancouver, Washington, who loves his job and says he expects to keep working as long as possible.
Jan 29- Pfizer Inc and Eli Lilly and Co reported better-than-expected fourth-quarter profits as deals, cost cutting and strong sales of new products helped the pharmaceutical companies weather generic competition for once top-selling products.
A survey by TD Ameritrade is the latest in a raft of bad news about the prospects of the generation about to retire.
Jan 29- Pfizer Inc and Eli Lilly and Co both reported a better-than-expected fourth-quarter profit as they weathered generic competition for once top-selling products through deals, cost cutting and strong sales of newer products.
WASHINGTON, Jan 19- President Barack Obama starts his second term in office facing unprecedented budget constraints that will challenge his ability to implement his economic vision.
NEW YORK, Jan 16- Healthy hotels, wellness tourism and the holistic medicine system Ayurveda are expected to be the among the top spa trends in 2013, according to a report that tracks the $73 billion global industry.
*Excise tax seen collecting more than $30 bln over next decade. CHICAGO, Dec 20- The U.S. medical technology industry, once a haven for secure, high-paying jobs, is blaming a new tax meant to help fund the Affordable Care Act for upcoming layoffs.
TORONTO, Dec 20- For many Canadian business owners, it may take the sudden death of a colleague or a debilitating illness before they realize they don't have a succession plan and need one badly. That has left a void that Canada's banks are vying to fill.
CHICAGO, Dec 17- The U.S. unemployment rate could level off or even turn higher depending on how fast discouraged job seekers return to the job hunt, according to research published Monday. That could deal a blow to consumer confidence and spending, the research by top San Francisco Federal Reserve Bank economists suggested.
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.
*Sees 2013 adjusted earnings per share of $3.84 to $3.98. Dec 13- CVS Caremark Corp 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.
Dec 13- CVS Caremark Corp 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.
TOKYO, Nov 30- Japan's GPIF, the world's largest public pension fund, logged an investment gain of $6.5 billion for July-September compared to a loss in the prior quarter, as a rise in foreign equities helped lift its overall performance.
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.