Ten years after the Department of Labor gave its blessing to socially conscious investments in defined contribution plans, the area finally has come of age.
Economic uncertainty and market volatility are taking donor-advised funds on a roller coaster ride.
Charitable giving in the United States reached a record $306.4 billion in 2007, the Giving USA Foundation reported.
Legislation that would require municipal bonds to be rated similarly to corporate bonds was introduced today in the House.
Mark J. Schlafly will lead two broker-dealers, FSC Securities Corp. and Advantage Capital Corp., both of Atlanta.
Crude oil prices soared today on the news of an Israeli Air Force exercise that experts say was a show of force aimed at Iran.
New York Life Insurance Co. has tapped Jon Stenberg to join the company as a senior vice president in the individual-life department.
Investors put more than $75 billion into mutual funds in May, as stock, bond and money market funds reported positive inflows.
Ratings firm Moody's Investors Service has slashed the ratings of guarantors MBIA Inc. and Ambac Financial Group Inc., both of New York.
Barclays PLC might receive about $927 million from Sumitomo Mitsui Financial Group Inc. to bolster its depleted balance sheet.
