More trouble in California, as the largest city in the largest county in the state will file for bankruptcy protection. That's the third municipality in Cali to go bust this year. Muni bondholders, beware.
Few make enough money to be hit by 3.8% surcharge; did insurers cry wolf?
Net flows for 529s turn positive in the fourth quarter; 'good sign for the industry'
Stockton files for Chapter 9 protection; retired city workers will likely take it in the teeth
Lowering of all tax brackets will require more than just eliminating tax breaks for the rich
Stock picking vs. indexing? Advisers may tout the virtues of active management, but investors are voting with their feet. And based on net inflows at Vanguard this year, this race isn't even close.
National Financial Partners Corp. is bulking up its presence in the property-casualty space in an effort to bolster revenue.
Yields nearly 300 basis points more than Treasuries; defaults not seen as likely
Fund manager warns about risks of short-term, investment-grade debt; 'no yield'
Out-of-control debt will force massive policy changes, including tax hikes and spending cuts; 'we're going to jump the tracks'
Versus was granted an exemption from SEC Monday that allows it to offer a second share class of its Versus Capital Multi-Manager Real Estate Income Fund (VCMIX), which doesn't charge distribution fees or an early-withdrawal penalty.
In his July market report, Brad McMillan, chief investment officer for Commonwealth Financial Network LLP, says the housing market has the potential to provide the beleaguered U.S. economy with a "real chance for an outside surprise."
In the middle of a presidential election year, it's natural to focus on the combat for the White House. The real impact of the vote this November, however, will be felt at the regulatory level by the personnel who are appointed by the president and implement financial-services rules.
JPMorgan this week stopped issuing shares in its popular Alerian MLP exchange-traded note. That should be a signal for investors to monitor the situation. Here's why.
Supreme Court decision could muddle end of the year wrangling in Congress; which taxes are in, which are out
Exchange-traded funds are attracting new investors to the bond market rather than just capturing mutual fund customers, according to BlackRock Inc.'s Matthew Tucker.
In a move that should cheer shareholders, Wells Real Estate has decided against charging clients an internalization fee.
