Four major life insurers with pristine Aaa ratings are likely to hold on to their status, provided that the United States' government bond rating doesn't fall by more than one rung
Donor-advised funds are benefiting from small family foundations' closing or suffering drops in endowment assets as the costs and administrative burden of running the foundations have become too great
Imagine a day when you go to buy a quart of milk, ask the price, and the cashier says, "that'll be a tenth ounce silver." As the US dollar's decline accelerates, several efforts around the country are trying to make this vision a reality.
IRS says big surge in number of filers who made $200K — but didn't owe Uncle Sam a penny; 'further evidence of how broken this system is'
Since the US economy has failed to recover as widely predicted, pressure on the Federal Reserve to conjure a solution has increased.
With the market selling off, Warren Buffett has been moving in. In fact, SEC filings show the Oracle has been loading up on stock, particularly shares of Wells Fargo. This may be of some interest to advisers, considering the bank's P/e ratio is now less than 9 to 1.
Ameriprise, MetLife and Prudential among those favored in a plummeting market
$250K limit can easily be bumped up to $2M; CDARS, brokered CDs gaining in popularity
Given the media frenzy over the market mayhem this week, clients are understandably blitzed, bothered and bewildered. Here's what advisers should be saying to calm them down.
Bargain-hunting investors pushing up the prices of equities; Dow well over 200 points to the good
It's challenging — next to impossible, actually — for investors and advisers to have an appropriate level of context for a major market meltdown when we're still caught in the rip tide (and searching for the floor or the shore, whatever comes first).
Gold may advance to a record $1,600 an ounce this year as investors seek to protect their wealth from Europe's sovereign-debt crisis, boosting demand, according to Scotia Capital.
With the stock market plunging -- and the Federal Reserve stating that business growth is flagging -- legendary investors and top analysts rate the chances that the U.S. is slipping into another economic downturn.
Planned job cutting by parent BNY Mellon could sweep away jobs at the custodian that's a mainstay for independent B-Ds. .
After the Dow Jones Industrial Average dropped more than 200 points just before 3pm ET., the index staged an incredible 636 point turnaround to close at 11,240, up 3.98% for the day — just one day after one of the worst performances in stocks market history.
The bicameral, bipartisan 12-person supercommittee must consider changes both to taxes and entitlements to make fundamental changes in the deficit trajectory. But will members be willing to break with party orthodoxy?
Company debt from the U.S. to Europe to Asia returned 1.8% last month on average, erasing a 0.65% loss in June, and the most since a 2.14% gain in August 2010.
Still investing in defensive bond portfolios despite long patch of stable prices
The market has been down for five straight weeks. But that isn't stopping Laszlo Birinyi's firm from making another audacious prediction about where the S&P 500 index is headed.
