Tag Archives: Crisis
NYC Workers Face ‘Retirement Crisis’
BOSTON (MainStreet) — The grim prospect for aging New Yorkers: One-third of them won’t have enough money to retire comfortably.
That’s according to a study released Thursday by New York City Comptroller John C. Liu and the Schwartz Center for Economic Policy Analysis at The New School in Greenwich Village.
One-third of New Yorkers won’t have enough money to retire comfortably, according to a study released Thursday.
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Futures Higher as Wall Street Looks For Post Crisis High!
Morning Outlook Wall Street is heading higher in premarket trading Friday, trying to recover the prior sessions losses. Investors await two economic data points this morning, including 4Q2011 GDP…
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Another Banking Crisis? Wall Street Tumbles
Market Summary Wall Street tumbled into the closing bell on Wednesday, moving sharply lower on concerns that US banks face significant risks form EU sovereign debt. Fitch came out and stated “unless…
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European Crisis Postponed; Investors Face Momentous Decision
S&P 500 futures were sharply higher after it was announced in the wee hours of the morning in Europe on Thursday, October 27 that a comprehensive deal had been agreed to by the heads of state of the EU.
In the medium term (the next 6 months at the latest), it will become clear that the announced plan will not work.
In the short-term, the situation may become reminiscent of the period from mid 2007 through mid 2008 – right in the middle of the sub-prime melt-down. By mid 2007, it was abundantly clear that given the size of the problems in the mortgage markets, a systemic financial crisis was inevitable. However, this rather obvious fact did not prevent strong rallies in equity markets, nor did it prevent commodity prices from rallying to stratospheric levels. Vague hopes that unspecified government and/or central bank actions would somehow avert the inevitable kept
Student aid at stake in debt crisis
College students heading back to school in the next few weeks could get caught in financial limbo if Congress doesn’t make a deal to keep United States from defaulting on its debt.
College savings advice – CNNMoney.com
Too Big to Fail: The Financial Crisis as Action Film
The hardest part of watching HBO’s Too Big to Fail isn’t knowing how the crisis ends. It’s knowing that it hasn’t. by Eric Schurenberg
Retirement RSS | MoneyWatch
