Home prices in the United States fell by a record 8.4% in November, for an 11th consecutive monthly decline.
The Senate is planning to vote on a $160 billion version of the stimulus bill tomorrow.
After a sterling 2007, leading independent-contractor broker-dealers are facing a horde of significant problems this year, with the subprime-mortgage crisis, skyrocketing gas and oil prices and the threat of a recession the most daunting.
Sales of single-family homes fell 4.7% in December to a seasonally adjusted rate of 604,000.
InvestmentView, one of the first software tools to use hypothetical comparisons to help advisers recommend mutual funds, is being re-launched today by Thomson Financial.
Robert B. Pollock's return follows a six-month hiatus when Mr. Pollock went on administrative leave by order of the board of directors.
Inspired by market volatility, insurance carriers are making over their equity-index annuities in an attempt to beat a bad reputation and target baby boomer investors.
Gender is a strong factor in determining the likelihood of whether a worker 50 or older receives an annuity or a company-sponsored pension payment, according to a recently released study.
The fund, which is offered by the Franklin Templeton Fixed Income Group, seeks to generate income by investing in foreign fixed income markets.
The Investment Company Institute has created a committee for exchange traded funds in what some say is an effort to head off the possibility that ETF providers will create their own trade association.
