assets

We're Not Ready: More Bad News About Retirement

A spate of recent surveys highlight the dark trends around retirement in America. More of us expect to work significantly later in life, fewer of us think we're saving enough -- and the ones who think they are are often wrong. But it may not be too late for you to take some good advice.

Great Recession Created a Historic Racial Wealth Gap

The twin demons of the housing market crash and the Great Recession have created historic wealth gaps among racial groups in America: The median wealth of white households is 20 times that of black households, and 18 times that of Hispanic households. The main culprit in minority wealth loss? The housing bust.

10 Tips to Win at Baseball Card Investing

If you want to be a player in baseball card investing, you'll probably have to swing for well-preserved, expensive cards. The free-agent vintage cards that have already appreciated are the safest path to big wins in the future.

Heading for a Divorce? Tally and Appraise Your Assets

Except for child custody matters, dealing with the division of assets is always the main area of stress during divorce proceedings. But you can take concrete steps that will take at least some of the pain out of the process, as Part Two of our series explains.

Markets Are On the Rise Since the Fed Launched QE2

Republican leaders may be worried about the Federal Reserve's second round of quantitative easing, but the stock and credit markets are not: They have improved significantly since the QE2 plan was announced, Bloomberg reported Friday. But can that rally be solely attributed to QE2?

Exxon Mobil Sells $1 Billion of Gulf of Mexico Assets

Exxon Mobil Corp. (XOM) sold nine U.S. Gulf of Mexico oil and natural gas stakes to Energy XXI in a deal worth $1.01 billion. The assets produce about 20,000 net barrels of oil a day, The Wall Street Journal said. They contain net proved and probable reserves of 66 million barrels of oil equivalent (BOE), of which 61% is actually oil.

Coal India May Buy Massey Energy Mine

Coal India, the world%u2019s biggest producer of coal, may purchase a mine owned by Massey Energy Co. (MEE), Bloomberg News said. The deal would be the state-owned company%u2019s first asset purchase in the U.S.

Bank of America Could Sell Some Non-Core Assets

Bank of America (BAC) is planning to highlight billions of dollars worth of assets that it intends to sell or wind down. The bank has told investors and analysts that it is considering disclosures on assets including loans, businesses and stakes that it considers non-core, The Financial Times reported without naming its sources. The non-core assets could be worth more than $100 billion.

Dubai World Said Planning to Sell Prized Assets for $19.4 Billion

Dubai World plans to sell off some of its most prized assets in order to raise as much as $19.4 billion to pay off creditors, Reuters reported. The state-owned conglomerate told investors last month that the need to restructure was "urgent", Reuters said, citing a document handed out at an investor meeting.

Is Your ETF Heading for the Investment Graveyard?

With nearly 900 exchange-traded funds holding more than $780 billion in assets, life in the ETF arena is a matter of survival of the fittest. With all these niche products, how can you tell if your ETF is a survivor or a soon-to-be financial failure?

World's supply of rich people falls

Wealth – and the number of wealthy people – declined over the past year. Unsurprisingly, the worldwide recession that has hammered...

As goes the economy, so go divorces!

divorce on the cheapThe economy is pulling marital bliss right down the crapper along with it and due to fewer assets raising the temperature of already emotional and...