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Capital Group chairman James Rothenberg dies at 69 of heart attack
INVESTING MUTUAL FUNDS JUL 21, 2015
Capital Group chairman James Rothenberg dies at 69 of heart attack

Long-time investment manager led the firm to become world's largest mutual fund company at its peak.

NEWS INDUSTRY NEWS JUL 21, 2015
Investment showdown: active managers versus dart-throwing monkeys

Professors offer an interesting take on the age-old question. Sorry, monkeys.

NEWS INDUSTRY NEWS JUL 21, 2015
U.S. urban rental housing gets pricier as boomers compete with millennials

While the millennial generation born after 1980 has driven demand for apartments in recent years, baby boomers — those born from 1946 to 1964 — will be the next wave, pushing up rents and spurring construction.

S&P 500 stocks give advisers sinking feeling as 'buy the dip' stops paying out
INVESTING EQUITIES JUL 21, 2015
S&P 500 stocks give advisers sinking feeling as 'buy the dip' stops paying out

It's not that there are fewer decreases in U.S. equities — it's that declines have gotten longer, averaging almost two days, and the rebounds are weakening.

Senate Republicans plan new tactic for undermining Dodd-Frank
NEWS REGULATION AND LEGISLATION JUL 20, 2015
Senate Republicans plan new tactic for undermining Dodd-Frank

After seeking to win support from Democrats for legislation sponsored by Sen. Richard Shelby, R.-Ala., for easing Dodd-Frank rules, Republicans are considering adding their measure to a government-spending bill.

Lynn Tilton, the "Wonder Woman of Wall Street," goes from corporate savior to SEC target
INVESTING ALTERNATIVES JUL 20, 2015
Lynn Tilton, the "Wonder Woman of Wall Street," goes from corporate savior to SEC target

Agency claims private equity maven defrauded investors, breached fiduciary duty. She says action is illegal and she's out to save companies, jobs.

NEWS INDUSTRY NEWS JUL 17, 2015
Get advice from this financial planner over bacon and eggs

With a client base of mostly millennials, revenue at Pamela Capalad's Brunch & Budget is up 69% this year.

NEWS INDUSTRY NEWS JUL 17, 2015
The Vice Fund changed its name, but still invests in guns, booze, cigs and sin

Since its inception in August 2002, the fund has an average annual return of 9.9%, beating the 8.7% for the S&P 500.

Goldman Sachs makes ESG bet with acquisition of asset manager Imprint Capital
INVESTING ESG JUL 17, 2015
Goldman Sachs makes ESG bet with acquisition of asset manager Imprint Capital

The asset-management firm advises clients on investing based on their environmental, social and governance views and has more than $550 million of assets under advisement.

NEWS INDUSTRY NEWS JUL 17, 2015
Why gamblers lose to the casino and the tax man at the same time

By law, you must pay taxes on every dollar you win. Now, the IRS is proposing to lower the mandatory reporting threshold for slot machines.