U.S. factories made more cars, clothing and other goods than expected in August, and inflation remained in check in the early stages of a broad economic recovery.
While most portfolio managers remain optimistic about global economic recovery, more managers are keeping additional cash on the side as they re-evaluate the markets, according to a new survey of fund managers.
Asset managers are courting RIAs with a slew of marketing and education materials. Yet, advisers aren't always impressed with the outreach, according to a new survey from Morningstar and SwanDog.
U.S. inflation at the wholesale level shot up at double the expected rate in August as gasoline prices soared by the largest amount in a decade.
A North Carolina woman today filed an arbitration claim with the Financial Industry Regulatory Authority Inc. against Deutsche Bank Securities Inc., claiming that the firm misrepresented a fund as a conservative investment for her marital trust, when it was in fact unsuitable.
Genworth Financial Inc. yesterday kicked off a $500 million public stock offering of its Class A shares.
Federal Reserve Chairman Ben Bernanke said today that the worst recession since the 1930s is probably over.
Retail sales jumped in August, spurred by widespread gains beyond the increases of auto and gasoline sales that economists expected.
The New York Insurance Department will hold a public hearing tomorrow on the marketing of life insurance and annuities, specifically focusing on suitability of sales to seniors.
The Charles Schwab Corp. said its campaign to help wirehouse brokers become independent investment advisers is picking up speed at summer's end.
If it happened to Federer, it could happen to you
In what could be an indicator that the economy is <a href=http://www.investmentnews.com/ article/20090915/REG/909159984>approaching recovery</a>, optimism is rising among affluent adults in the United States, according to data from Ipsos Mendelsohn's third online Affluent Barometer survey of this year.
A former Morgan Stanley broker was barred today by the Financial Industry Regulatory Authority Inc. for allegedly misappropriating $11,156.47 from the charitable foundation of a 97-year-old nursing home resident who was his client for more than 20 years.
John Hancock Retirement Plan Services today kicked off a relationship with Edward D. Jones & Co. LP, providing the firm's financial advisers with access to its retirement plan products.
President warned financial titans on Monday — the first anniversary of the Lehman Brothers collapse — they could not count on any more bailouts.
Although the economy appears to be brightening, the insurance sector in North America will remain on a negative outlook, according to a report from Standard and Poor's Ratings Services.
Seven out of 10 Americans lack confidence that the federal government has taken safeguards to prevent another financial industry meltdown, according to a new Associated Press-GfK poll.
The worst of the recession may be over, but the financial system still faces risks, Mohamed El-Erian, chief executive of Pacific Investment Management Co., and Laurence Fink, chief executive at BlackRock, warned financial advisers at an industry event.
