The leaders of three financial planning organizations have formed a coalition to represent the industry as Congress works to reform the financial services industry.
Arguing that Bernard L. Madoff is a “danger to the community,” prosecutors recommended that he be held in jail pending his trial.
President-elect Barack Obama asked Congress to pass his proposed $1 trillion American Recovery and Reinvestment Plan quickly.
Hedge funds suffered another body blow in December when, according to one index, the S&P 500 stock index outperformed the alternative class strategies.
First-time jobless claims for unemployment benefits have fallen for the second consecutive week, according to a Department of Labor report.