Bloomberg

Bloomberg
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INVESTING MUTUAL FUNDS MAR 31, 2008
Domestic stock funds lured $3.3 billion in February

In a break with the previous 10 months, investors poured $3.3 billion more into domestic stock funds in February than they took out.

NEWS INDUSTRY NEWS MAR 28, 2008
U.S. spending flatlined in February

U.S. consumption edged up by a scant $12 billion, a gain of only 0.1%.

RETIREMENT LIFE INSURANCE AND ANNUITIES MAR 28, 2008
Insurer sues ex-chief executive

AIG has filed suit against ex-chief executive Maurice Greenberg and six other former directors and executives, accusing them of breaching fiduciary duty,

RETIREMENT RETIREMENT PLANNING MAR 28, 2008
Barclays chooses MetLife as annuity provider

MetLife is bringing in its deferred income annuity as an asset allocation option in a defined contribution plan.

YOUR PRACTICE FINTECH MAR 28, 2008
Wolters Kluwer, FundQuest & DTCC

A new search service is available for comparative and cross-archive regulatory research.

NEWS INDUSTRY NEWS MAR 28, 2008
Plosser to Fed: Tackle inflation or lose trust

Philly Fed president Charles Plosser was one of two voting members of the FOMC to oppose last week's cut in the Fed Funds rate.

INVESTING MUTUAL FUNDS MAR 28, 2008
Vanguard shuffles managers in bond funds

Vanguard announced several reassignments of portfolio managers in its fixed income and money market funds.

NEWS INDUSTRY NEWS MAR 28, 2008
Confidence index may point to recession

March's reading of the Reuters/University of Michigan Index of Consumer Sentiment was the worst since 1992.

NEWS REGULATION AND LEGISLATION MAR 27, 2008
Obama calls for more bank supervision

A "patchwork of regulators" are "unable or unwilling" to protect the American people, said Sen. Barack Obama.

NEWS INDUSTRY NEWS MAR 27, 2008
Gross national product unrevised

The U.S. economy grew at 0.6% annual rate in the first quarter, marking the slowest quarter since 2002.