A trade group's measure of the health of the U.S. manufacturing sector contracted for the 14th straight month in March, and while the pace of decline was slower than expected, any pickup in jobs is still highly unlikely before next year.
President Obama has his eye on automatic enrollment in individual retirement accounts and an expansion of the Saver’s Credit Act as a way to encourage Americans to prepare for retirement, according to a retirement policy expert.
Construction spending fell for a fifth straight month in February as another big drop in home building offset a slight rebound in nonresidential construction.
MetLife Inc. Chairman and Chief Executive C. Robert Henrikson received compensation of $12.4 million in 2008, down 13 percent from the previous year, according to an Associated Press calculation of figures disclosed in a regulatory filing Tuesday.
Foundation giving went up in 2008, but is expected to decline this year, according to a survey released today by the Foundation Center.
Advisers are being pelted with a dizzying array of new insurance products. But as quickly as products develop, so, too, do the challenges, which include evaluating carriers’ financial health and deciding which product might be favorable in a given economic environment.
An index of consumer sentiment based on 5,000 households remained relatively flat this month, according to a report released today by The Conference Board, a business research firm.
European stock markets rose modestly Tuesday following a mixed Asian session as investors picked up beaten-down stocks but remained acutely aware that the rally could run out of steam in the run-up to this Thursday's G-20 summit of world leaders.
Wall Street has ended a tumultuous March on a high note, managing its first winning month this year and its best monthly performance in nearly seven years.
Inflation in the 16 nations that use the euro hit a record low in March, growing just 0.6 percent from a year ago as oil prices slumped, the EU statistics agency said Tuesday.
More employer-sponsored retirement plans may start to offer Treasury and government money market mutual funds to minimize the risk of losses, according to a survey of plan consultants released today by Pacific Investment Management Co. LLC.
President Barack Obama said today that neither General Motors nor Chrysler has proposed sweeping enough changes to justify further large federal bailouts, and demanded "painful concessions" from creditors, unions and others as their price for survival.
Mercer and Callan Associates halted plans to merge their investment consulting businesses, according to a Callan news release.
There's some good news about mutual funds returns and other economic indicators, but it's not yet time to start popping Champagne corks, industry experts say.
Bank stocks retreated today amid fresh concerns that financial firms will need additional capital to weather the ongoing credit crisis and recession.
A marketing technique called framing is being looked at with suspicion even thought it often produces a positive result — getting people to save for retirement.
Public pensionN executives are accelerating a move into indexed assets in the face of disappointing returns from active managers and to get a better handle on their risks.
In his new role atop Fidelity Investments' custodian business, Charles Goldman is trying to revamp its service culture while keeping up troop morale amid constrained budgets.
