How to Allocate Your Income-Generating Assets Now

How to Allocate Your Income-Generating Assets Now

My 'Hopium/Doomium' model has stood the test of time.

Citigroup Prepares for Earnings Report Amid Slowdown in Global Growth

Citigroup Prepares for Earnings Report Amid Slowdown in Global Growth

Citigroup, the giant U.S. bank, is expected to report first-quarter earnings roughly equivalent to those from a year earlier, even after rival JPMorgan Chase posted a 5% increase. Citigroup CEO Michael Corbat, who this week announced major changes in his senior leadership team, is expected to provide commentary on how the bank is faring amid a slowdown in global economic growth.

Spring Is Here, But This Dividend Stock Doesn't Make the Cut for Now

Spring Is Here, But This Dividend Stock Doesn't Make the Cut for Now

Investors may want to hold back right now on scooping up shares of this lawn and garden equipment maker.

How to Play the New 'Perma-Dove' Federal Reserve

How to Play the New 'Perma-Dove' Federal Reserve

Wednesday's FOMC minutes convince me that the central bank is becoming less strict about preventing inflation.

Most Fed Members See Interest Rates on Hold for All of 2019, FOMC Minutes Show

Most Fed Members See Interest Rates on Hold for All of 2019, FOMC Minutes Show

The central bank says the U.S. jobs market remains strong, but overall economic growth has slowed from 'its solid rate in the fourth quarter.'

Citigroup CEO to Staff: One Day Maybe You Too Can Make $24 Million a Year

Citigroup CEO to Staff: One Day Maybe You Too Can Make $24 Million a Year

U.S. Representative Nydia Velazquez, a New York Democrat, asks Citigroup CEO Michael Corbat at a hearing in Washington what it was like to get paid more than 400 times his employees' median pay. Corbat's response was that he hoped employees might see opportunities to get promoted.

Goldman Sachs CEO Uses Congress Hearing as Infomercial for Online Bank

Goldman Sachs CEO Uses Congress Hearing as Infomercial for Online Bank

Goldman Sachs is paying top-of-the-market interest rates on regular savings accounts via its online bank. So CEO David Solomon used his testimony at a U.S. House of Representatives hearing to tout the offering -- with the CEOs of low-paying JPMorgan Chase and Bank of America sitting close by.

U.S. Inflation Sped Up in March Though Only Because of Gas Prices

U.S. Inflation Sped Up in March Though Only Because of Gas Prices

The U.S. Labor Department says the consumer price index rose 1.9% over the past 12 months, faster than the 1.5% pace of the prior month and economists' estimates for a 1.8% increase. But excluding volatile energy and food prices, the index rose just 0.1% during the month, less than economists estimated.

Bitcoin-Trading Companies Race for New York's Approval as SEC Balks

Bitcoin-Trading Companies Race for New York's Approval as SEC Balks

Bitcoin-trading companies aren't waiting for a rebound in prices for the cryptocurrency to set up shop. They're applying at a rapid pace for regulatory approval from New York State officials - with a new license just announced for London-based Bitstamp.

U.S. Job Openings Tumble in February as Businesses Slowed Hiring

U.S. Job Openings Tumble in February as Businesses Slowed Hiring

The number of U.S. job openings falls in February to an 11-month low of 7.1 million, the Labor Department says, in a sign of just how drastically businesses slowed hiring in the wake of December's stock-market swoon and the 35-day federal-government shutdown, the longest in American history.