A “perfect storm” of fiscal woes in the United States, a slowdown in China, European debt restructuring and stagnation in Japan may hurt the global economy, according to New York University professor Nouriel Roubini
Ah, retirement. Golf. Cruises. Leisurely walks. And getting financially abused by family members, strangers and businesses.
Analyst Brad Hintz says Morgan Stanley could shut down its enormous trading business -- and the bank would still be worth more than what its stock is currently trading at. The takeaway? Investors are missing a good bet.
Aim to get rid of debit cards for the retirement plan, reduce number of loans workers can take
Raymond James Financial Inc. could face a loss of $25 million to $50 million if it has to buy back distressed auction-rate securities from clients immediately
Securities America, other B-Ds may be seeking suitors, but Averitt says acquisition 'makes no sense' for Raymond James Financial Services
With its assets rising six-fold, mutual fund giant Pimco is set to launch its own brokerage operation. The real question: what does the move say about the fund firm's relationship with parent Allianz?
You're never too young to start learning about money and how to manage it
While the financial advice industry wrangles with regulators and lawmakers over a universal fiduciary standard, most investors are far more concerned about getting their phone calls returned
Just as financial advisers are embracing alternative investments as a way to generate income for clients, their chief regulator is warning them of the perils of one such type of offering: structured products
News that Jackson National Life Insurance Co. will curtail sales of its popular variable annuity products — likely by limiting investments — has financial advisers on the lookout for the next best thing and its competitors waiting with open arms for an expected uptick in sales
Variable annuity sales at Jackson National Life Insurance have been surging -- so much so that parent company, Britain's Prudential, has deciced to dial back on the product. Yes, you read that right.
<a href=http://www.investmentnews.com/apps/pbcs.dll/section?category=datajoe&djoPage=summary&issuedate=20100423&sid=BD0426&djoProjId=10994&djoRecordId=290006>QA3 Financial Corp.</a>, an independent broker-dealer that was a leading seller of high-risk private placements over the last decade, in a recent lawsuit said its insurance carrier was pushing it into bankruptcy by failing to back up its coverage.
In time for Gay Pride Month, New York Life Insurance Co. has launched a LGBT channel on its website to address financial and estate-planning needs unique to the lesbian, gay, bisexual and transgender community
If consumers continue to feel nervous about their money over the next few months, it's a sure sign that the U.S. economy will dive straight into a double-dip recession
A quarter of America's metropolitan areas have jobless rates of 10% or more, above the national average, and many won't see jobs return to pre-recession levels for years.
Long/short ETF manager likes tech, energy and financial companies
