Por: CNBC Business October 06, 2022
Buses pass in the City of London financial district outside the Royal Exchange near the Bank of England on 2nd July 2021 in London, United Kingdom.Mike Kemp In Pictures Getty ImagesLONDON — The told lawmakers that a number of pension funds were hours from collapse when it decided to last week.The central bank's Financial Policy Committee stepped in after a massive sell-off of U.K. government bonds — known as gilts — following the new... + full article
Fox Business USA Business October 13, 2022
Check out what's clicking on FoxBusiness.com The multiple times in the UK government bond market in the last fortnight to rein in gilt yields, which rocketed after Britain unveiled a welter of tax cuts to be funded by borrowing on markets. It shone a light on a little-known... + más
Bank of England says pension funds were hours from disaster before it intervened | CNBC
The Do’s And Don’t Of Investing For Retirement | Forbes
ABC News USA Business October 12, 2022
LONDON -- Britain’s economy faced new shocks Wednesday after the Bank of England ruled out extending an emergency debt-buying plan – and the government appeared to blame the independent central bank for the U.K.’s economic turmoil.The pound currency sank against the dollar... + más
UK markets roiled after bank rules out extending help | Associated Press
IMF welcomes UK's fast-tracked budget plan, urges government to work with Bank of England | CNBC
Associated Press USA Business October 12, 2022
LONDON (AP) — Britain’s economy faced new shocks Wednesday after the Bank of England ruled out extending an emergency debt-buying plan – and the Conservative government appeared to blame the independent central bank for the U.K.’s economic turmoil.Prime Minister Liz... + más
UK markets roiled after bank rules out extending help | ABC News
CNN USA Business October 08, 2022
London CNN Business — Pension funds are designed to be dull. Their singular goal — earning enough money to make payouts to retirees — favors cool heads over brash risk takers. But as markets in the United Kingdom , hundreds of British pension fund managers found... + más
Stock market losses wipe out $9 trillion from Americans' wealth | CNBC
US national debt surpasses $31 trillion for the first time in history | New York Post
Chicago Sun Times USA Nation October 05, 2022
Mayor Lori Lightfoot’s $242 million pension prepayment plan will prevent Chicago’s four cash-strapped pension funds from having to “sell assets in a down market” to meet obligations, but Springfield shouldn’t be let off the hook, the Civic Federation president said... + más
Millions more to fight crime and homelessness, help immigrants: Lightfoot makes case for ‘bold’ 2023 budget | Chicago Sun Times
Your State Pension Hates You | Forbes
Chicago Sun Times USA Politics October 03, 2022
Mayor Lori Lightfoot urged the City Council Monday to “be bold with me” and “to continue to right historic wrongs” that have created two Chicagos: one for the haves, the other for the have-nots. Delivering the 2023 budget address that will serve as her reelection... + más
Stalking charge dropped against man who fired weapon near Mayor Lightfoot’s home: ‘He was just a disgruntled citizen,’ lawyer says | Chicago Tribune
Mayoral allies urge Lightfoot to scrap plans for $42.7 million property tax increase | Chicago Sun Times
Forbes USA Business September 27, 2022
When pensioners demand records which will reveal how their retirement savings are invested, state ... [+] pensions routinely respond with hostility—as if plan participants were the enemy, versus owners of the assets.getty State laws mandate that pension fiduciaries have a duty... + más
Swiss mull animal welfare, women's pensions in weekend votes | Associated Press
Swiss may back plan to raise retirement age for women | ABC News
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