The number of U.S. workers applying for unemployment benefits grew by 38,000 last week.
The economy could contract in the first half of this year, Ben Bernanke said in testimony today.
A hedge fund manager testified that a Hollywood private detective once offered to have a movie producer killed for him.
Two Senators have introduced bipartisan legislation to protect seniors from “unscrupulous financial advisers.”
Wealthy donors may be more open to online relationships than charities may realize.
Equity REITs posted total returns, including dividends, of 1.4%, while all REITs were down slightly at 0.42%.
As with all of the firm's funds, socially-conscious investing criteria -- including environmental, social and governance considerations — will be given priority.
The firm announced its foray into the life settlements industry as the first insurance carrier to buy unwanted policies.
A 25-year veteran of the retirement and investment management industry, John Y. Kim comes to NYLIM from Prudential Retirement.
Insurance company Conseco announced a fourth-quarter earnings loss yesterday attributed to exposure to subprime loans.