FA News

Vanishing 'Middle Class' Ice Sculptures At Conventions Aim To Send Message

A 2,500-pound ice sculpture carved to spell "Middle Class" melted away this week in Tampa, the site of the Republican National Convention. A piece is planned at the Democratic convention.

Fidelity Investments Positions Ned Johnson's Daughter To Take Over

Abigail Johnson's appointment as president makes her arguably the most powerful woman in the $12.2 trillion mutual fund industry. Some observers expect big changes.

Occupy Wall Street Protesters Plan Traffic Blockade Amid Participant Burnout

Occupy Wall Street, the global movement against inequality that ignited in Manhattan last year, will mark its first anniversary by trying to block traffic in the financial district and encircle...

Two Fund Managers, Analyst Face New Fraud Charges

Three men accused of being part of a "criminal club" that netted almost $62 million from insider trading in Dell Inc. shares face new charges.

Would Merrill Lynch Settlement Open Floodgates To More Lawsuits?

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As two former Merrill Lynch brokers push for a $40 million settlement for 1,467 employees in their class action suit against their former employer, legal experts disagree on whether it will open...

Gen X and Gen Y Saving For Retirement Earlier Than Parents

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Nearly 60 percent of Gen X and Gen Y make regular, automatic contributions toward their retirement savings, compared with 46 percent of non-retired baby boomers, according to a new survey.

Morgan Stanley Win In Citigroup Deal Would Prove Pyrrhic Victory

A win for Morgan Stanley in a fight with Citigroup Inc. over the value of their brokerage joint venture could show the firm is playing a losing hand.

Gold May Climb To Highest Level In Two Years

Gold is poised to climb the most in two years as prospects for additional economic stimulus by governments from the U.S...

Wall Street Job Cuts Make This State's Homes Biggest Losers

This state now is leading the nation in home-price declines as Wall Street trims jobs and bonuses that had driven multimillion-dollar property sales.

More Employers Pushing 401(k) Plans, Says Survey

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More employers are providing employees with 401(k) plan features aimed at encouraging  plan participation and savings, according to a survey by Schwab Retirement Plan Services released...

Destinations With Top 10 Most Expensive Hotel Rooms This Weekend

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Are you or your clients planning a last-minute getaway this Labor Day weekend? You may want to avoid these destinations if room rates are a factor in where you will go.

ETF Industry Hit With Rash Of Fund Closings

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Does this signal a downsizing of the industry?

High-Yield Funds in U.S. Attract Most From Europe Since February

High-yield bond funds in the U.S. attracted $597 million from European investors last week.

Three ETFs With Surprisingly Stellar 3-Year Returns

by Daniela Pylypczak

Three funds investing in Thailand, retail and pharmaceuticals have bagged 100% returns during that time frame.

International Dividend ETFs Attract Increasing Cash Flows

by Virginia Munger Kahn

International equities have historically yielded more than U.S. equities, and investors are playing that trend with ETFs.

Worst Month for Bonds Since 2010 Lures Buyers To Treasury Notes

Investors from London to Tokyo to Pittsburgh are plowing money back into Treasuries after the biggest decline in 19 months.

Dollar Loses Hedge Fund Bulls As Risk Drops Among G-10 Nations

Hedge funds and large speculators are abandoning bets on a stronger dollar at the fastest pace ever amid growing confidence in the global economy.

Gold Set For Best Year Since 2010 As Stimulus Bets Stoke Demand

Gold is poised to climb the most in two years with the prospects for additional stimulus by governments from the U.S. to China.

Romney Tax Returns Show Strategies For Moving Money To Kids

Republican presidential candidate Mitt Romney and his wife, Ann, have used sophisticated estate- planning techniques for more than a decade to minimize taxes and amass at least $100 million for...

History Says Now Is The Time To Buy Semiconductor ETFs

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The period from October through April is traditionally the best time for semiconductor stocks, and three ETFs could capitalize on that trend.