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.
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.
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.
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...
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.
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...
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.
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...
Financial executives' confidence in U.S. economic growth this year declined sharply this summer, according to a new study.
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.
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.
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.
Morgan Stanley Wealth Management is the name consumers will hear going forward for Morgan Stanley Smith Barney.