From The LA Times: During his first Capital Hill appearance since taking over as Fed Chair, Jerome H. Powell suggested Tuesday that the central bank could hike its key interest rate faster than anticipated. Craig Pernick, Head of Fixed Income weighs in.
From The Washington Post: The age-old question of whether to rent or buy is prominent on the minds of baby boomers who are contemplating downsizing. Laly Kassa, Managing Director, weighs in on the topic.
Jeff Clabaugh, Business Reporter at WTOP, interviews Leslie Smith, Chief Planning Officer at Chevy Chase Trust, on whether or not you should invest in a vacation home and what it can mean for your family.
Recently, a spate of stories have appeared in the media speculating that advances in technology, specifically robotics and artificial intelligence, will inevitably lead to widespread job losses as workers are replaced by machines.
In 2009, for the first time in world history, the number of people living in urban areas surpassed the number living in rural areas. More recently, U.S. urban population growth began outpacing suburban growth for the first time since World War II.
Amy P. Raskin is in her second month as chief investment officer at Chevy Chase Trust. She joined the Bethesda investment management firm from AllianceBernstein in New York, where she was senior vice president and director of thematic research.
Recently, in its monthly update, the Climate Prediction Center of the National Weather Service announced that there is a 50 percent chance that El Niño conditions will develop during the second half of 2012, and the Australian Bureau of Meteorology also is seeing climate indicators pointing to El Niño.
Last week after a summit in Brussels, EU leaders declared a turning point in the Greece fueled Euro debt crisis. Leaders pledged to shift their focus away from budget cutting and onto pro-growth projects.
The tax legislation enacted at the end of 2010, just before we were scheduled to return to a top federal estate and gift tax rate of 55% and an exemption of only $1 million, provided three significant changes in the federal estate and gift tax laws.
Two months ago in our series of blogs on oil, I highlighted Canada and its oil sands as a niche area showing great potential. With the recent pullback in oil prices, there is another region, often overlooked by investors, that offers potential.
U.S. stocks have roughly doubled from their nadir in the spring of 2009 and with this rally we can (at last) point to positive returns for the past 10 years — the S&P 500 is up about 35 percent over that period.
The tax bill enacted at the end of 2010 provides a $5 million exemption from federal gift tax for aggregate lifetime gifts ($10 million for a married couple). This exemption applies for 2011 and 2012, and is in addition to the $13,000 annual exclusion gifts that may be made free of federal gift tax every year.