Obama is ramping up his stimulus program this week even as his advisers are ramping down expectations about when the spending plan will stem a continuing rise in the nation's unemployment.
Peter L. Bernstein, an economic consultant who sought to bring ideas of modern investment management from academia to the practitioner, died Friday in New York.
The Conference Board Employment Trends Index saw a small uptick in May, increasing 0.2% to 89.9, from 89.7 in April.
BlackRock Inc. confirmed this morning that it's in talks with Barclays PLC to acquire the London-based company's $1 trillion money management unit, Barclays Global Investors.
Making a case for long term care insurance can be a challenge under any circumstances.
Mindful of past disasters with long term care insurers, financial advisers have found ways to balance financial viability with quality benefits.
Advisers are struggling to get clients — especially baby boomers — to think about funding long term care in the face of depleted investment portfolios.
Financial advisers who cater to workers in the automotive industry are scrambling to prepare their clients for the onslaught of job losses that will follow General Motors Corp.'s filing for bankruptcy protection last week.
Financial advisers across the country are creating networking organizations dubbed philanthropic advisers networks, or PANs, with the mission of helping advisers collaborate locally and also interact with philanthropists.
The House Financial Services Committee is considering a package of legislation to tighten regulation of the municipal bond market.
Now that the stock market seems to be signaling that the recession has bottomed, perhaps the demagogic bashing of bankers, insurance executives, hedge fund managers, auto executives and even ordinary businesspeople will cease.
Many financial decisions are made around the dinner table rather than a conference table, according to one financial planner and foodie who believes in presenting financial planning concepts in a more digestible way.
After being written off as an asset class just a few short months ago, emerging-markets equities are back.
Risk-averse parents saving for their children's college education are flocking to conservative, low-risk financial products, and Section 529 college savings plans are taking action as their assets decline.
Independent registered representatives and their spouses soon could face unprecedented scrutiny into their personal finances.
A New York Congressman has introduced a bill that will try to preserve state authority over indexed annuities, pushing back against a recent rule from the Securities and Exchange Commission.
BlackRock is likely to announce an agreement to buy Barclays Global Investors from Barclays, creating the world’s biggest institutional money manager, according to sources who declined to be named.
Bermuda-based reinsurer RenaissanceRe Holdings Inc. said today that it will buy Spectrum Partners Ltd. to help it operate better in London and meet increased demand.
U.S. workers were more productive in the first quarter than previously estimated, the government said Thursday, as rapid layoffs meant companies were forced to make do with fewer employees.
Sen. Herb Kohl, D-Wis., chairman of the Senate Special Committee on Aging, questioned regulators and representatives of the long term care insurance industry at a committee hearing yesterday and focused on the financial viability of LTC insurers.
