More than 20 nonprofit groups, from New York Presbyterian Hospital and
the Boys & Girls Clubs of America to Lincoln Center for the
Performing Arts, paid top executives more than $1 million a year...
Janus Capital Group Inc...
by
Dorothy Hinchcliff
Long-term mutual fund inflows were just $20.7 billion in August, with
open-end U.S.-stock funds facing yet another month of outflows, losing
$14.3 billion, according to Morningstar Inc.
As politicians debate whether Americans are better off than they were four years ago, the stock market is saying yes.
A measure of
relative yields on mortgage securities dropped to the lowest on record
after the Federal Reserve said it will expand its purchases, extending a
rally that offered hedge funds...
by
Jim McConville
Six financial advisors were honored by The Invest in Others
Charitable Foundation for their leadership and commitment to making a
positive impact in their communities.
NYSE Euronext will pay $5 million to resolve U.S. regulatory claims that
the New York Stock Exchange violated rules by giving certain customers a
head start on trading information.
The cost of living in the U.S. climbed in August by the most in more
than three years, reflecting a surge in fuel costs.
by
Jim McConville
Two former executives of a Pennsylvania commercial lender have been
sentenced to federal prison terms and ordered to pay $53 million
each in restitution for orchestrating a financial scam
over a...
by
Evan Simonoff
RIA aggregator United Capital expanded its leadership team by hiring
Gail Graham, formerly executive vice president at Fidelity Institutional
Wealth Services, and Stephanie Bogan, formerly CEO of...
by
Karen DeMasters
Most people view life insurance as a valuable financial planning tool
but few have as much as they feel they might need and a lot have never
even discussed the issue with their families,...
by Mike Byrnes
The lack of succession planning among the financial industry's aging
advisor population remains an issue, but LPL Financial advisors are
showing interest in solving
the problem.
Wholesale prices in the U.S. increased in August by the most in more
than three years, reflecting a surge in energy costs.
The number of Americans filing applications for unemployment benefits
rose more than projected last week, showing scant improvement on the
outlook for jobs.
Pacific Investment Management Co. predicted the global economy will weaken next year as it
warned the likelihood of widespread recessions across developed nations
is increasing.
U.S. families
without bank accounts grew by 821,000 from 2009 to 2011, pushing the
so-called unbanked population to 8...
The gap between rich and poor Americans grew in 2011 as the poverty rate remained at almost a two-decade high.
by
Jim McConville
Uncertainty and anxiety about the future of international markets may be
skewing financial advisor client advice on global investing, according to a new survey.
