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AUG 29, 2016 - The Independent

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Now the Bank of Mum and Dad could be open to other people's children

More than a quarter of parents and grandparents might be interested in lending money to youngsters other than their own offspring to buy a home, according to Lengal & General

Tags: Now the Bank of Mum and Dad could be open to other people's children,  Lending Latest News

AUG 29, 2016 - Financial Planning magazine

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Advisers seek income replacement as interest rates tumble

A once-reliable spring of retirement proceeds has all but dried up. Here’s how planners are making sure clients have alternatives.a

Tags: Advisers seek income replacement as interest rates tumble,  Interest Rates Latest News

AUG 29, 2016 - Yahoo! News

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As Fed nears rate hikes, policymakers plan for 'brave new world'

By Jason Lange and Ann Saphir JACKSON HOLE, Wyo. (Reuters) - Federal Reserve policymakers are signaling they could raise U.S. interest rates soon but they are already weighing new tools they may need to fight the next recession. A solid U.S. labor market "has strengthened" the case for the first rate increase since last December, Fed Chair Janet Yellen told ...

Tags: As Fed nears rate hikes, policymakers plan for 'brave new world',  Interest Rates Latest News

AUG 29, 2016 - Washington Business Journal

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Lancaster-Depew FCU want to expand charter, take over proposed credit union project

The Lancaster-Depew Federal Credit Union wants to take the lead on a proposed credit union in Buffalo as part of a new plan to expand membership. According to Lancaster-Depew Co-CEO Emma Smalley, the pending Good Neighbors Federal Credit Union would become part of Lancaster-Depew’s expansion plans if the latter receives approval from the National Credit Union Administration to do business ...

Tags: Lancaster-Depew FCU want to expand charter, take over proposed credit union project,  Credit Latest News

AUG 29, 2016 - Business Insider

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Hey, traders — here's how to tell whether your job is going to be made redundant

When you think Wall Street trading, what do you think of? Shouty men in colorful jackets making weird hand signals? Or a box full of servers in New Jersey? The former has been replaced with the latter over the past decade, and stock market trading in particular is now predominantly electronic. Bank of America Merrill Lynch analysts, led by Andrew ...

Tags: Hey, traders — here's how to tell whether your job is going to be made redundant,  Credit Latest News

AUG 29, 2016 - St. Louis Post-Dispatch

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AUG 29, 2016 - Boston Herald

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Bank stocks lead morning gains on Wall Street

NEW YORK — Banks and other financial companies are leading stocks higher in morning trading on Wall Street Monday as investors hope for higher interest rates. The market is coming off three days of losses. Herbalife rose after activist investor Carl Icahn, the company's largest shareholder, said he has increased his stake.KEEPING SCORE: The Dow Jones industrial average rose 107 ...

Tags: Bank stocks lead morning gains on Wall Street,  Wall Street Latest News

AUG 29, 2016 - MarketWatch

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Key Words: ‘Short the U.S.’: investing legend Jim Rogers

‘You should be short the U.S.’ That’s Jim Rogers, the braced and bow tied (and self-styled investment biker) investment legend, as quoted in Monday morning’s Need to Know column, which includes video of Rogers’s Real Vision TV interview.

Tags: Key Words: ‘Short the U.S.’: investing legend Jim Rogers,  Investment Latest News

AUG 29, 2016 - Zero Hedge

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European Banks Prepare For "Economic Nuclear Winter"

While some European bank stocks have scrambled back some of their plunge losses post-Brexit, the current uncertainty over when the U.K. will start the process of quitting the EU has banks on tenterhooks, with a source telling CNBC that banks are "preparing for an economic nuclear winter situation." With negative rates (and a plunging yield curve) banks' earnings are under ...

Tags: European Banks Prepare For "Economic Nuclear Winter",  Investment Latest News