Mohamed El-Erian News
Use Your Tax Refund to Ride the Market Pendulum
Spring prompts people to think about tree blossoms, outdoor activities and tax refunds. The average personal tax refund in 2015 was $2,893, according to the IRS . If you have high-interest credit card debt or student loans, using your refund to pay them down would probably be the best investment
Would You Quit Your Job If Your Child Asked You to?
(Editor's Note: This article originally appeared on Babble.com . It has been reprinted here with permission. Disney is the parent company of both ABC News and Babble.) In his job juggling $2 TRILLION of investments, Mohamed El-Erian must have faced some fairly hairy moments that required immense
Outspoken 'Bond King' Bill Gross Leaves PIMCO , the Firm He Started
Bill Gross is about as eccentric as eccentric billionaires get. Worth an estimated $2.3 billion, he's always done things his way, which is why his departure from the firm he started has shocked investors. PIMCO (Pacific Investment Management Company) announced today that the 70-year-old has
The Global Note: Euro-Rescue?…CIA Attack…Sunken Treasure…Knox Called “She-Devil”
EUROZONE RESCUE? -QUOTEABLE “The world is now in a synchronized slowdown.” – Mohamed El-Erian, chief executive of Pacific Investment Management Co., the biggest bondholder in the world. -THE BIG PICTURE European officials are rushing (one hopes) to boost the firepower of their financial-bailout ...
Transcript: White House Senior Advisor David Plouffe
(BEGIN VIDEO CLIP) AMANPOUR (voice-over): This week, global economic meltdown. Markets plunge as Europe's ticking debt bomb threatens America's recovery. Today, our roundtable of economic all-stars on what it means for U.S. jobs and your 401(k). OBAMA: This is not class warfare. It's math.
David Plouffe Expects Jobs Bill Vote in October
White House Senior Advisor Says American Jobs Act Has 'Very Good Chance' of Passing
Roundtable: Economic Crisis
So as the White House continues to push his jobs plan. Wall Street ended its worst week since the financial crisis in the fall of 2008. For the week the Dow dropped 738. Points which is down six point 4%. And anxiety over the global economic downturn rattled markets around the world fears have
Coming Up on 'This Week': White House Advisor David Plouffe
As President Obama tries to make the case for his jobs plan, is there any way he can bridge the gap with Republicans on his calls for new infrastructure spending and taxing the rich? Christiane Amanpour talks with White House Senior Advisor David Plouffe about the battle to sell the president's
Full Transcript: My Interview With Secretary Tim Geithner
I sat down for an interview with Tim Geithner yesterday. Here is the full transcript: GEORGE STEPHANOPOULOS: Mr. Secretary, thanks for doing this. TIM GEITHNER: Nice to see you. GEORGE STEPHANOPOULOS: So it looks like this deal is going to...
Debt Ceiling Deal: Top 7 Ways Government Cuts Could Affect You
While the United States may have averted a default on its sovereign debt, the spending cuts in the deficit reduction proposal are yet to be determined. The Congressional Budget Office said the tentative agreement, which the House approved Monday night and Senate approved Tuesday, could cut $1.2