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Daniel Tully, Merrill Lynch ex-CEO torn by the firm's fate, dies at 84
NEWS INDUSTRY NEWS MAY 11, 2016
Daniel Tully, Merrill Lynch ex-CEO torn by the firm's fate, dies at 84

Retired as chairman in 1997 after 42 years at the brokerage

NEWS INDUSTRY NEWS MAY 11, 2016
How a Trump presidency could affect your money

Here's a rundown on how the Republican candidate could affect everything from your purchasing power to your job and investments.

Hillary Clinton more conservative than Donald Trump when it comes to investing
NEWS INDUSTRY NEWS MAY 11, 2016
Hillary Clinton more conservative than Donald Trump when it comes to investing

Vanguard 500 Index Fund is Clinton's top holding, while BlackRock's Obsidian hedge fund is Trump's favorite.

RETIREMENT RETIREMENT PLANNING MAY 11, 2016
Who loses the most sleep over money — men or women?

A new survey delves into what Americans worry about most: saving for retirement, paying for education, paying health-care or insurance bills, making the monthly rent or mortgage or paying credit card debt.

Retirees just want to have fun
RETIREMENT RETIREMENT PLANNING MAY 10, 2016
Retirees just want to have fun

Unprecedented free time in retirement will be a boon for the leisure industry.

Bill Gross, Mohamed El-Erian warn against counting the Federal Reserve out
NEWS INDUSTRY NEWS MAY 08, 2016
Bill Gross, Mohamed El-Erian warn against counting the Federal Reserve out

U.S. rate increase may come in June as wages rise, Mr. Gross says.

Golfer Phil Mickelson profited almost $1M in Dean Foods insider-trading case: SEC
NEWS REGULATION AND LEGISLATION MAY 06, 2016
Golfer Phil Mickelson profited almost $1M in Dean Foods insider-trading case: SEC

The three-time Masters champion hasn't been accused of wrongdoing, but is named in the complaint involving Dean Foods Co. and gambler William “Billy” Walters.

Hardcore bear ETFs poised to swell past bulls as inflows surge
NEWS INDUSTRY NEWS MAY 06, 2016
Hardcore bear ETFs poised to swell past bulls as inflows surge

So big have been the inflows that the market capitalization of inverse products is on the verge of eclipsing bullish exchange-traded notes for the first time since 2013.

Goldman Sachs: The search for yield just getting started
NEWS INDUSTRY NEWS MAY 06, 2016
Goldman Sachs: The search for yield just getting started

Firm says 90% of actively managed high-yield debt funds now failing to meet or surpass their benchmarks this year.

Donald Trump says Puerto Rico bondholders should 'take a hit'
NEWS INDUSTRY NEWS MAY 05, 2016
Donald Trump says Puerto Rico bondholders should 'take a hit'

Presumptive nominee's view could win over some Republicans