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In macroeconomics, this has indisputably been the year of Thomas Piketty. Rarely, if ever, has a single book so profoundly influenced the public discourse on a central topic, the inequality of wealth and income in the developed economies over many centuries. In an age of tweets and sound bites, the … Read entire story.
Source: Gavyn Davies
WASHINGTON (AP) — Average long-term U.S. mortgage rates fell this week, resuming their downward trend of this year after rising slightly last week. Rates are near historically low levels.
The term “robo-adviser,” which can be traced back to 2002, isn’t usually meant as a compliment. It refers to online automated investment platforms, which use algorithms to manage investors’ money automatically, rather than assigning a human adviser to actively manage each client’s investments. By calling companies that practice this …
Powell: Changes coming to target-date mutual fundsUSA TODAYThe more things change in the world of employer-sponsored retirement plans, the less they remain the same. And that's especially so when it comes to one of the most popular investment options in many 401(k) plans – the target-date …