The benchmark equities gauge rose 0.1% to end Monday at 2,128.28, after briefly rising above its record closing level of 2,130.82 during the session.
The prospect for higher rates prompted investors to snub gold, since it doesn't pay interest, unlike competing assets. Low inflation, a rally in equities and a stronger dollar have also weighed on prices.
Long-time investment manager led the firm to become world's largest mutual fund company at its peak.
Professors offer an interesting take on the age-old question. Sorry, monkeys.
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.
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.
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.
Agency claims private equity maven defrauded investors, breached fiduciary duty. She says action is illegal and she's out to save companies, jobs.
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.
With a client base of mostly millennials, revenue at Pamela Capalad's Brunch & Budget is up 69% this year.
