Employees at Putnam Investments will work longer hours starting May 4 when a companywide change in the workweek is implemented.
Perkins Investment Management LLC today announced that the Perkins Small Cap Value Fund (JSCVX) will reopen to new investors.
Bernard Madoff's lawyers are appealing a judge's decision to revoke his $10 million bail and send him to jail to await sentencing.
Jon Stewart hammered Jim Cramer and his network, CNBC, in their anticipated face-off on "The Daily Show," repeatedly chastising the "Mad Money" host for putting entertainment above journalism.
China's premier is worried about its massive holdings of Treasuries and other U.S. debt, appealing to Washington to safeguard their value.
The Reuters/University of Michigan consumer confidence index rose to 56.6 this month, from 56.3 in February.
McLean Wealth Advisors announced today the launch of a fee-based platform for its investment advisory services business.
A fourth-quarter tumble in long term care insurance sales brought down full- year 2008 results for the product, according to data from LIMRA International Inc.
The net worth of American households fell by the largest amount in more than a half-century of record keeping during the fourth quarter of last year.
Oppenheimer Holdings Inc. is interested in picking up some of the brokers and advisers from the distressed Stanford Group Co., the Houston-based broker-dealer arm of the disgraced companies controlled by financial R. Allen Stanford.
Advisers are agitated by the SEC’s decision to expand its examinations of advisory firms to include contact with clients.
The Charles Schwab Corp., under fire from some investment advisers for abruptly ending custody of most alternative assets, said it is modifying the policy but not abandoning it.
Stocks declined in early trading Thursday after mixed economic data and a cut in General Electric Co.'s credit rating.
President Barack Obama called Wednesday for international allies to sign on to more aggressive steps to jump-start their own economies.
President Barack Obama plans to sign a massive spending bill to keep the federal government running, even though it is stashed with the very kinds of pet projects that the campaigning Obama promised to resist.
A recent court ruling has paved the way for the bulk of the Leona M. and Harry B. Helmsley Charitable Trust to be spent on charitable efforts, not on dogs.
Raymond James wants help from issuers of auction rate securities. And if it doesn’t get it, the firm may sue.
Fidelity Investments of Boston today launched three funds, including the firm’s first convertible-securities fund.
