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Putting aside the debt ceiling drama currently playing out in Washington and the dire predictions of what would happen to the U.S. and the global economy if the ceiling isn’t raised by Aug. 2, Goldman Sachs’ chief U.S. economist said that even if all that doesn’t come to pass, the U.S. economy will still slow this year and next and puts the chances of a return to recession somewhere between 15% and 20%.

The recent downgrading of Greek, Irish and Portuguese debt -- with Italy and Spain in the wings -- could hurt banking throughout Europe, according to BlackRock.

As the exchange-traded funds industry continues to evolve, marketing campaigns to support its growth must become far more complex and richer, according to a report from Financial Research Corp., “ETF Trends: Insider Insights on Distribution, Portfolio Construction, Risk & Regulation.”

For Jeff Rose, founder and chief executive officer of Alliance Wealth Management in Carbondale, Ill., one of the best ways to communicate with existing clients and to attract new ones is through his blog.

Barclays projects that consumers will continue to drive U.S. economy. S&P targets high-yielding dividend funds. BlackRock forecasts slower, but steady growth in China.

With unemployment rates remaining staggeringly high and debates about the debt ceiling on Capitol Hill, Americans remain worried about the economy, according to a report from First Command.

Now that Standard & Poor's has issued a negative credit watch on U.S. government debt and acknowledged the possibility that no deal will be reached to raise the government’s debt ceiling, what should investors do?

The tech team at Fidelity Institutional Wealth Services has come up with a new smartphone app that allows independent financial advisors to open client accounts and electronically trade for clients from anywhere.

Fund managers may be struggling to decide what new technology and operational procedures to implement to be able to trade interest-rate swaps and other derivative securities, as they move onto centrally cleared markets.

Lawrence Summers, former director of the National Economic Council, recently said, "The central irony of a financial crisis is that while it is caused by too much confidence, borrowing, lending and spending-it is resolved only by increases in confidence, borrowing, lending and spending."