President Obama’s proposal to raise taxes on affluent households, detailed in his budget plan today, could be a boon for tax-managed mutual funds.
Thomas M. Marra, chief operating officer of The Hartford (Conn.) Financial Services Group Inc., will retire from his post July 3.
The Ohio Department of Insurance has confirmed it will provide temporary reserve relief for 20 insurance companies headquartered in the state.
Many analysts and money managers wondered what impact nationalization would have on other bank stocks.
The Financial Planning Association has lowered the registration fee for one of its upcoming conferences in light of the downturn in the economy.
The government says orders for big-ticket goods plunged by a bigger-than-expected 5.2 percent in January.
General Motors Corp. posted a $9.6 billion fourth-quarter loss and said it burned through $6.2 billion of cash in the last three months of 2008.
The number of newly laid-off Americans seeking unemployment benefits rose far more than expected last week.
The World Series champion Phillies are relieving one of their pitchers, whose cash is frozen in the wake of the alleged $8 billion fraud committed by R. Allen Stanford.
Federal Reserve Chairman Ben Bernanke today backed the idea of creating an optional federal charter for insurance.
The age of long term care insurance purchasers continues to skew downward as more baby boomers buy policies.
Scott Eyre, a left-handed relief pitcher with the reigning World Series champion Philadelphia Phillies, has joined the roster of major-league players ensnared by the Stanford Financial scandal.
Obama administration begins "stress tests" to gauge the health of America's biggest banks.
Financial advisers, already overwhelmed with frazzled clients, want more understanding from their wholesalers.
Eaton Vance Corp. said Wednesday its fiscal first-quarter profit shrank by more than half.
While financial planning software has helped streamline operations, experts encourage advisers to keep the client experience in mind.
Navy Federal Asset Management LLC today announced the launch of a new managed account platform in partnership with FundQuest Inc. of Boston.
Merrill Lynch & Co. disclosed late Tuesday its 2008 losses were about $533 million more than previously reported, according to a regulatory filing.
