Financial planners and investment advisers are likely to have a hard time calming their clients over the next few months as the mortgage crisis continues to roil the financial markets.
The market for alternative investments among retail investors may not be as robust as the industry anticipates, according to recent survey conducted by Keefe Bruyette & Woods Inc.
Recent regulatory settlements by Citigroup Inc. and other big banks have set the tone for what corporate investors can expect from the auction rate securities mess.
Good information on how to use alternative, hedge-fund-like, retail-oriented investments is hard to come by, according to industry experts, but some asset managers are hoping to change that.
Over a third of parents have slowed or stopped saving for their children's education as they struggle with higher food and energy costs, a survey from TD Ameritrade Holding Corp. suggests.
Confidence among U.S. consumers inched up in August as the prospects for the overall economy improved — but consumers continued to fret about their personal finances.
Personal incomes fell 0.7% in July, marking the sharpest decline since incomes dropped 2.3% in August 2005.
The package includes 2 trillion yen ($18 billion) in rebate checks that will be sent to Japanese citizens.
The office of New York insurance superintendent James Wrynn has ordered embattled bond insurer Financial Guaranty Insurance Co. to halt claims payments.
The Massachusetts Turnpike Authority and the Massachusetts Housing Partnership will be repaid $18 million and $25 million, respectively.
The New York-based ratings agency upgraded BlackRock's long term corporate credit rating to AA- from A+.
The National Association of Independent Life Brokerage Agencies has announced its opposition to the SEC's regulation of fixed indexed annuities as securities.
Attorney General Andrew Cuomo is investigating how a close business relationship between Fidelity Investments and Goldman Sachs affected auction rate securities transactions.
The Rydex AdvisorBenchmarking Inc.'s Advisor Confidence Index rose 13% in August to 97.06, from 86.27 in July.
Inflation may fail to moderate unless monetary policy is tightened "sooner than currently anticipated by financial markets.”
A $241 million award given to the state regarding its takeover of the now-defunct Executive Life Insurance has been overturned.
Affiliated Managers Group Inc. is buying the parent company of the Aston mutual fund family in an all-stock deal worth nearly $114 million.
According to a report by the Government Accountability Office, 28% of large U.S. corporations paid no income tax in 2005.
Exchange traded notes — close cousins to exchange traded funds — are starting to catch on with some financial advisers because they allow access to hard-to-reach markets.
