Bloomberg

Bloomberg
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INVESTING ETFS JAN 02, 2008
Mutual funds boast banner year

Asset levels hit $13 trillion in December, gaining approximately $1.8 trillion from the beginning of the year.

NEWS INDUSTRY NEWS JAN 02, 2008
Millionaires, affluent upbeat in new year

Confidence blossomed among investors with more than $500,000 in investible assets in December.

RETIREMENT TAX DEC 28, 2007
New home sales fall 9% in November

Sales of new one-family homes fell to an annual rate of 647,000, according to the U.S. Census Bureau.

RETIREMENT TAX DEC 28, 2007
Delayed AMT 'patch' to stall refunds

Up to 13.5 million taxpayers won’t be able to file their AMT-related returns until Feb. 11, said the IRS.

INVESTING ALTERNATIVES DEC 27, 2007
Mitchell named Pacificor CEO

Pacificor has named portfolio manager Andy Mitchell to helm the hedge fund after Michael B. Klein, former CEO, died after his private plane crashed in Panama on Sunday.

RETIREMENT TAX DEC 27, 2007
Bush signs AMT 'patch' into law

The tax package also includes a seven-year renewal of a terrorism-insurance program.

NEWS INDUSTRY NEWS DEC 27, 2007
Existing homes value drops 1.4%

Prices of existing single-family homes slumped for the tenth consecutive month in October.

NEWS INDUSTRY NEWS DEC 21, 2007
Americans earning, spending more

Customers opened their wallets in November, as personal income and prices jumped, according to the Commerce Department.

INVESTING ETFS DEC 21, 2007
Vanguard unveils ETFs on NYSE Arca

The Vanguard Group has launched ETFs on the NYSE Arca today, which seek to track three MSCI Indexes.

RETIREMENT LIFE INSURANCE AND ANNUITIES DEC 21, 2007
Marsh & McLennan CEO shown the door

The insurance company's president and chief executive, Michael G. Cherkasky, will step down.