Moneynews RSS FeedFri, 24 May 2013 15:18:58 EDTNews Corp. said its board of directors has approved plans to split its entertainment and publishing businesses into two separate companies. The company also adopted a shareholder-rights plan designed to prevent a hostile takeover in the volatile trading period after the...Fri, 24 May 2013 13:57:40 EDTAn influential U.S. senator expressed strong concerns about Japanese company SoftBank's plan to buy 70 percent of Sprint Nextel, the No. 3 mobile service provider, warning it could expose the United States to more Chinese cyber attacks. Fri, 24 May 2013 13:07:20 EDTRates may be rising, but U.S. bond funds are in a "Goldilocks environment" that could last a while longer, according to Joanna Bewick, portfolio manager of the Fidelity Strategic Asset Allocation Funds.Fri, 24 May 2013 12:59:14 EDTFederal Reserve Chairman Ben Bernanke is too gloomy about the U.S. job market, said John Herrmann, director of U.S. interest-rate strategy at Mitsubishi UFJ Securities in New York. Fri, 24 May 2013 12:37:12 EDTSmall banks are battling megabanks over proposals to end "too big to fail" financial institutions. In the latest salvo, the Independent Community Bankers Association (ICBA) released a report stating the United States must end too big to fail banks.Fri, 24 May 2013 12:33:33 EDTAuthor Bob Rice urged investors who embrace alternative strategies to guard against a devaluation of the currency and a major spike in inflation amid a "tremendous risk" in the bond market.Fri, 24 May 2013 11:59:05 EDTNASA has awarded a grant to a mechanical engineering whiz to covert his scientific acumen to a more epicurean pursuit — a 3-D printer that will spit out nutritional meals one layer at a time.Fri, 24 May 2013 11:34:00 EDTMaster stock market technician Ralph Acampora says the United States is still in the early innings of a secular bull market that has years longer to run, and predicts non-believers with cash still on the sidelines will eventually be drawn in to push it higher.Fri, 24 May 2013 11:23:49 EDTThe world has two types of currency de-valuers -- the ones announcing their intentions such as the Japanese -- and those not announcing it, says David McAlvany, CEO of the McAlvany Financial Group.Fri, 24 May 2013 11:09:09 EDTAsia is taking on a major debt load at the same time the United States and Europe are deleveraging, leading some to worry about a bubble.Fri, 24 May 2013 10:55:16 EDTMost men might balk at spending $600 on a pair of Dior sneakers but for U.S. shoppers like Ephraim, an upbeat 30-year-old, such indulgences are becoming increasingly commonplace.Fri, 24 May 2013 10:53:38 EDTGoogle is threatening to disrupt the banking industry in a big way.Fri, 24 May 2013 10:28:46 EDTOrders for long-lasting manufactured goods rose more than expected in April, a hopeful sign that a contraction in factory output could soon run its course.Fri, 24 May 2013 10:26:10 EDTCredit rating agencies, long revered for their judgment, may soon be getting a downgrade of their own if some lawmakers have their way.Fri, 24 May 2013 09:45:45 EDTMichael Gayed, chief strategist for investment adviser Pension Partners, recently discussed the positive aspects regarding the possibility of the Federal Reserve tapering its program of quantitative easing. It will allow for more proper price discovery, Gayed told Newsmax...Fri, 24 May 2013 09:43:22 EDTThe blossoming IRS scandal may be welcomed by Americans who hope to avoid the unblinking eye of the national tax agency, as the last time the IRS was in such a public mess, tax audits fell by 50 percent, according to MarketWatch.Fri, 24 May 2013 08:55:18 EDTInvestors have been flocking to emerging market bonds in recent years, but the party may have gone too far, some experts say.Fri, 24 May 2013 08:51:30 EDTFederal Reserve Bank of St. Louis President James Bullard said he wants to continue the current pace of bond purchases as long as falling inflation is a concern. My own forecast is that it would be a little closer to target by now, so I am a little bit nervous about the...Fri, 24 May 2013 08:19:32 EDTWhile Jamie Dimon's fight to keep both the CEO and chairman at JPMorgan Chase posts got plenty of attention, the controversy masked the real problem in corporate management, argues Simon Johnson, a former chief economist of the International Monetary Fund who is now an MIT professor.Fri, 24 May 2013 08:17:06 EDTFormer FDIC Chair Sheila Bair and former Rep. Barney Frank, D-Mass., are joining forces to do battle against efforts to weaken post-housing crash restrictions on mortgage securitizations.