Tag Archive for Nytimes

Daughters catch up with sons giving financial help to parents made destitute by ZIRP Bernankecide

Two-thirds of boomers’ daughters say they are providing some sort of financial support to their parents, up from 48 percent in 2007, when the initial “Money Across Generations” survey was done. (Baby boomers are Americans born between 1946 and 1964.) Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that…

Survey Finds Gloomy Attitudes Toward Retirement – NYTimes.com

PARIS — People in the United States and Europe are increasingly pessimistic about their financial prospects for retirement, as cash-strapped governments face pressure to cut social programs and raise retirement ages, according to the results of a survey released Thursday. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that…

Spanish Bond Auction Succeeds Under Intense Scrutiny – NYTimes.com

PARIS — Spain carried out a successful bond auction Thursday under intense scrutiny, even as expectations are growing that Madrid will soon ask other European nations to bail out its banking sector. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through…

Bank of England Maintains Interest Rate and Stimulus Program – NYTimes.com

LONDON — The Bank of England decided Thursday to keep its benchmark interest rate unchanged at a record low as the British economy struggles to recover amid the government’s austerity program and troubles in the euro zone. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually…

Fed Members Inclined to Stand Pat, for Now – NYTimes.com

WASHINGTON — Three members of the Federal Reserve’s policy-making committee indicated in separate speeches Wednesday that recent economic data, while troubling, does not yet justify an expansion of the Fed’s economic aid campaign. The remarks suggested that the committee, which meets in two weeks, would give increased consideration to such an expansion, but also that…