Target-date funds: Don’t ‘invest and forget’
I’m 45 and own a target-date fund for retirement. Are these funds “invest and forget”? — Joseph Dipasquale, Phoenix
Oil price collapse pays off for one speculator
For the last several weeks, oil trader Stephen Schork has been betting that prices would fall. Instead, they kept rising. And every day they ticked higher, he lost money.
Treasuries play tug of war
After a surprisingly strong jobs report inspired investors to flee Treasuries in early trading Friday, prices regained lost ground.
Small comfort: Gas prices break their streak
The recent surge in gas prices showed some signs of cracking Friday, but economists say consumers shouldn’t get their hopes up yet.
Citi may turn out the lights on sleepy market
If you think trading volume has been anemic in the past few months, you ain’t seen nothing yet.
Republicans: Change consumer bureau … or else
Republican senators have fired another broadside at the Consumer Financial Protection Bureau, vowing to block the nomination of any candidate to lead the watchdog agency without major structural reforms.
Employers hire, but unemployment rises?!
American employers and workers are still not seeing eye to eye on the job market.
Stocks end the week lower
Stocks posted moderate advances Friday, as a steep sell-off in the euro dampened U.S. investor enthusiasm about a stronger-than-expected jobs report.
April jobs report: Hiring picks up steam
The jobs recovery picked up speed in April, as business payrolls swelled and the unemployment rate rose as more people returned to the workforce.
Oil settles down 2.6%
Oil continued its slide Friday, dropping 2.6%, as a rally in the dollar triggered a sell-off that erased gains made earlier on a stronger-than-expected jobs report.