The U.S. public is critical of both Republicans and Democrats in
Congress for failing to resolve such issues as the national debt while
rejecting the sacrifices that may be needed to fix it.
by
Dorothy Hinchcliff
Prudential Financial Inc. may reach a deal today to buy Hartford Financial Services' individual life-insurance business.
Mitt Romney's heirs have benefited from a generation-skipping trust that allows people to pass on money to children while avoiding gift taxes.
by
Karen DeMasters
Affluent investors say they feel more economic stability than they did a year ago, but worry about their retirement and having to take care of family members.
Lance Easley, the National Football League referee at the center of a
touchdown call criticized by President Barack Obama and others, is a
vice president of small business banking at Bank of...
The former chief executive officer of a New Jersey hedge fund pleaded
guilty to a charge he conspired to defraud investors of more than $4
million, federal prosecutors said.
by
Karen DeMasters
Less than 20% of financial advisors believe their firms are doing the
most they can with customer relationship management (CRM) technology,
according to a Schwab survey.
Federal Reserve Bank of Chicago President Charles Evans said policy
makers must not be passive in the face of high U.S...
by
Dorothy Hinchcliff
Total U.S. retirement assets were $18.5 trillion at the end of the
second quarter, 2 percent less than they were at March 31, reports the
Investment Company Institute.
by
Karen DeMasters
The economy will face a slow, grinding improvement over the next two
years, but the stock market will fare better because of the upcoming election's impact, says a portfolio manager for Loomis,...
A hedge fund
manager at Steven Cohen's SAC Capital Advisors LP is an unindicted
co-conspirator in a $62 million insider trading scheme tied to
technology stocks, two people familiar with the...
by Juliette Fairley
Kent Gasaway has built a strong record with his Buffalo funds.
Gold may rise to $2,500 an ounce in three years as investors buy the
metal as a hedge against inflation, said Richard O'Brien, chief
executive officer of Newmont Mining Corp.
by
Dorothy Hinchcliff
The basic premise of target-date strategies is shockingly flawed and
investors would be wise to expect a low-yield world going forward, says
Rob Arnott, founder and chairman of Research...
by
Jim McConville
Financial executives' confidence in U.S. economic growth this year
declined sharply this summer, according to a new study.
by
Jim McConville
The nation's increasing number of single-person households are feeling the strain of balancing their living expenses with
saving for retirement, according to a new study.
by
Karen DeMasters
The former CEO of a chain of assisted living facilities surrendered
after being indicted for allegedly swindling more than 1,000 people out
of $130 million.
The Class of 2008, born during the historic bull market that closed the
past century, reached a dubious distinction last year: More than a
million of the college graduates have gone back home.
by
Jim McConville
What should advisors do to handle the anxiety many clients have about saving for their children's college costs? This financial advisor has some good advice.
by
Dorothy Hinchcliff
Morgan Stanley Wealth Management is the name consumers will hear going forward for Morgan Stanley Smith Barney.
