More layoffs are expected at American Funds this year, although the announcement will not be finalized until June.
Wealthy investors may be pessimistic about the economy, but most didn’t plan on changing their long-term investment approach, according to a new survey.
Iowa Sen. Charles Grassley suggested that AIG executives should accept responsibility for the collapse of the insurance giant by resigning or killing themselves.
Nobel laureate economist Paul Krugman has told the European Union that its effort to spend its way out of recession 'really is disappointing.'
E*Trade Financial Corp. today announced the launch of a series of online tools aimed at helping its customers select fixed-income products.
An investor has filed a class action against Prudential Financial Inc. and a slate of its executives, alleging that the insurer violated federal securities laws in a June 2008 public offering of junior subordinated notes.
Investors who are still awaiting payouts from Reserve Management Co. Inc. — the New York-based firm whose $63 billion money market fund "broke the buck" last year — appear to be taking matters into their own hands.
The Internal Revenue Service is allowing tax relief and refunds for some investors who paid taxes on earnings from their investments with Bernard Madoff.
Individuals who invest for themselves — without the help of a financial adviser — show more awareness and commitment to exchange traded funds than their adviser-directed peers.
