Retail sales increased just 0.2% in October, following an increase of 0.7% in September.
New York Life Insurance elected Patricia L. Barbari has to senior vice president in the Individual Policy Services department.
Fidelity Institutional Wealth Services' total client assets reached $325 billion, up 50% from last year.
The now-defunct hedge fund claims that JPMorgan Chase & Co. hindered its efforts to avoid collapse.
And the index has increased 12.75% year-to-date, marking the best performance for the first ten months of the year since 2003.
The Chicago-based private-equity and hedge fund firm posted a net loss of $37.6 million, or 52 cents a share.
Using a fixed-income annuity in a retirement income account resulted in greater long-term wealth, according to a study.
Level 3 assets, which include mortgage-backed securities, make up 6.9% of Goldman's assets under management.
Competition and demand for the best asset managers are fueling a growth in subadvised funds, which are gathering assets faster than those managed internally.
Online investors who make most financial decisions without the help of an adviser are more active traders and take bigger risks than those who seek guidance, a new study found.
