Beer drinkers are keeping their mugs full even as the economy heads south and Wall Street suffers week after week.
Public officials in all branches of government have a fiduciary duty to the citizens of the United States.
High-net-worth clients aren't immune to having serious concerns about their finances because of the tumultuous economy, according to financial advisers.
With stocks falling, credit tightening and the economy in a tailspin, mutual funds that comply with Shariah, or Islamic law, are becoming more appealing to some advisers.
Since the financial crisis shined a harsh light on the viability of stable-value and money market funds, advisers who counsel employers on their 401(k) plans are taking a closer look at these investments.
Launching a fund amid market turmoil may be a challenge, but one fund creator sees opportunity with a fund designed for the risk-averse.
The worsening housing crisis and unprecedented unraveling of the financial services sector is causing many financial planners to recommend to clients that they boost emergency cash reserves and, in some cases, delay retirement plans.
Robert L. Reynolds, Putnam Investments' recently installed chief executive, has received high marks for decisive action to protect investors in an institutional money market fund awash in redemptions, but clients say they need more data points to judge his longer-term prospects for rebuilding the once highflying firm.
Investors fearing a market collapse are running into U.S. Treasuries, but they may soon rue the day they let fear dictate their investment decisions.
Hedge fund managers and other short sellers will have to continue to work around an emergency SEC rule that prohibits short selling of more than 800 banks and related financial companies — but the prospect of a permanent ban has the industry up in arms.
