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H. Gary Morse, the billionaire builder of one of the world’s largest retirement communities, the Villages in central Florida, has died. He was 77.
Lawrence Herzing, the former controller of Contrarian Capital Management LLC, was arrested and charged with embezzling millions of dollars from the hedge fund, federal prosecutors said.
The fate of President Barack Obama’s health-care law is again in the hands of the U.S. Supreme Court.
The Federal Reserve said it sees further improvement in the labor market while confirming it will end an asset-purchase program that has added $1.66 trillion to its balance sheet.
American Realty Capital Properties Inc., the biggest U.S...
Pimco, seeking to stem redemptions after its co-founder Bill Gross left unexpectedly, was dropped as manager of a $6.16 billion strategy offered by a unit of Prudential Financial.
Here’s what to look for when the Federal Open Market Committee releases its policy statement at 2 p.m. today in Washington.
The insurer offered voluntary lump-sum payments to about 13,500 workers who had left the company and hadn’t yet started receiving pension payments.
Warburg Pincus, the private-equity firm where former Treasury Secretary Tim Geithner is president, raised $4 billion in less than a year for its first fund dedicated to energy investments.
Finra has fined Merrill Lynch for allowing short-sellers to dump stocks without making sure they had first arranged to borrow the shares.
Financial Advisor Blogs
Portfolio Manager Insights
Dorsey Wright says market turbulence has shifted its October ranking of SRI funds and ETFs. + Read more
Advisors can use less correlated investments to help clients protect against losses, especially during the draw-down phase. + Read more