The mutual fund industry's push for raising taxes on exchange-traded notes may come back to hurt the industry when it asks Congress to defer taxes on mutual funds, the ranking minority member of a House Ways and Means subcommittee said.
Ambrose Bierce, the famous American journalist, defined the word "oath" as a "solemn appeal to the deity, made binding upon the conscience by a penalty for perjury."
In a bid for higher returns amid a dismal stock market environment, some mutual fund companies are offering investors access to high-risk private-equity investments.
Washington Mutual Inc.'s annual shareholder meeting April 15 will be no love fest.
Companies holding auction-rate securities have a new escape option: an emerging secondary market for trading the now-illiquid instruments.
The Securities and Exchange Commission charged the vice chairman of the International Securities Exchange and two financial consultants with alleged insider trading.
Cheaper gas prices were a major reason the consumer price index was unchanged in February.
Jackson National Life reported today a 14% earnings increase and $4.1 billion in revenue for 2007.
Carlyle group's David Rubenstein looks to help investors that suffered losses.
