by
Bloomberg News
It may be time for U.S. workers to lower their expectations about pay raises for good, if a chorus of economists are right.
by
Reuters
A New York City law that called for banks to document how well they meet the needs of low-income neighborhoods is unconstitutional, a U.S. federal judge has ruled.
by
Bloomberg News
The insider trading ring used computer hackers to pilfer corporate press announcements and then profited by trading on the sensitive information before it became public, sources said.
by
Bloomberg News
The grand gurus of bonds can kiss the sweet life goodbye.
by
Mike Byrnes
One of the best sessions at the LPL Focus conference was on how advisors need to beware of the factors that go into establishing the selling price of a practice.
by FA Staff
San Mateo, Calif.-based Frankin Templeton Investments has announced that James Macey will serve as a senior vice president and portfolio manager with a focus on retirement solutions.
by
Christopher Robbins
Newport Beach, Calif.-based United Capital Financial Advisers has acquired the assets of McDonald, Cox & Klugh, Inc., of South Carolina.
by FA Staff
Tampa, Fla.-based Independent Financial Partners announced the addition of two members to the leadership team of its recently rebranded IFP Plan Advisors Group.
by
Christopher Robbins
Life Happens, a non-profit group, is offering advisors a tool that aids in the marketing of life insurance products.
by
Bloomberg News
Warren Buffett’s Berkshire Hathaway Inc. posted second-quarter profit that missed analysts’ estimates because of higher claims costs at insurance units including Geico.
by FA Staff
The program allows advisors to outsource management of their clients' assets.
by
Ted Knutson
Hearts & Wallets has rated Ameriprise tops in retirement income plan quality for near-retirees working with full-service firms.
by
Ted Knutson
One out of every four families making $150,000 a year or more is living paycheck to paycheck, says Nielsen Global Consumer Insights.
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Bloomberg News
The White House told business schools they weren’t going to get off easy for their role in making corporate America overwhelmingly male.
by
Christopher Robbins
“Girls Who Invest” is a new nonprofit that wants to motivate women to take careers in financial services.
by
Christopher Robbins
New York-based Goldman Sachs Asset Management introduced a new retirement share class across 54 of its mutual funds.
by
Dan Jamieson
The firm has agreed to pay a $500,000 Finra fine and give back $242,000 to 66 customers who lost money in structured products.
by
Bloomberg News
City leaders lash out at hedge funds holding Puerto Rican debt, but New York taxpayers and retirees entrust some of those funds with more than $2.2 billion of the city’s pension assets.
by
Reuters
Even though BlackRock replaced many of its fundamental active equity managers over the past few years, a number of the firm's stock-picking funds are underperforming.
by
Bloomberg News
Billionaires signing the pledge to give away half their money can bring themselves glowing press coverage, but less publicized is the fact that signatories are under no legal obligation to donate any...
