Bloomberg

Bloomberg
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INVESTING MUTUAL FUNDS MAR 27, 2009
DWS to shutter three mutual funds

DWS Investments plans to liquidate three of its 77 mutual funds on June 5, according to a filing this week with the Securities and Exchange Commission.

RETIREMENT TAX MAR 27, 2009
Fork over estimated tax now, and save

If you can’t file your 2008 federal income tax return with the Internal Revenue Service by April 15 and have to file for an Oct. 15 extension, you can still save on interest and penalties.

INVESTING MUTUAL FUNDS MAR 27, 2009
Adviser seeks Reserve refunds from New York AG

A Brooklyn financial adviser filed a complaint has filed with the New York State Office of the Attorney General on behalf of clients who haven’t received the final distribution from the liquidation of a money market mutual fund offered by Reserve Management Co. Inc.

RETIREMENT RETIREMENT PLANNING MAR 26, 2009
New tab for retirement health care: $240,000

The cost of health care in retirement has risen 50% since 2002, according to research released today by Fidelity Investments.

NEWS REGULATION AND LEGISLATION MAR 26, 2009
Consumer watchdog agency proposed in House

Two congressmen think that a new consumer watchdog agency is needed in the wake of the financial crisis.

INVESTING ALTERNATIVES MAR 26, 2009
Mortgage rates drop to record low

Rates on 30-year mortgages plunged this week to the lowest level on record after the Federal Reserve launched a new effort to assist the staggering U.S. housing market.

NEWS INDUSTRY NEWS MAR 26, 2009
U.S. jobless claims set new record

For a 10th straight week, the number of Americans who are continuing to claim jobless benefits increased, fresh evidence that the labor market remains weak despite other hopeful signs that the recession may have bottomed out.

NEWS REGULATION AND LEGISLATION MAR 26, 2009
Geithner unveils financial system overhaul

The Obama administration today unveiled a sweeping overhaul of the financial system designed to impose greater regulation on major players like hedge funds.

NEWS INDUSTRY NEWS MAR 26, 2009
Economy shrinks at 6.3% annual rate

The U.S. economy shrank at a 6.3 percent pace at the end of 2008, the worst showing in a quarter-century, and probably isn't doing much better now.

INVESTING MUTUAL FUNDS MAR 25, 2009
Fidelity reopens two funds, unveils one

Fidelity Investments said that it will reopen the Fidelity Diversified International Fund (FDIVX) and the Fidelity Small Cap Stock Fund (FSLCX) to new investors March 30 and launch the Fidelity Global Commodity Stock Fund on March 31.