Fidelity Investments is opening five stock mutual funds that seek to keep investor costs low by passively tracking stock indexes, rather than relying on professional managers to pick investments.
Courting Hispanics while promoting his new jobs plan, President Barack Obama on Wednesday told a black-tie Latino audience that his $447 billion package of tax cuts and public works spending would put more money in the pockets of Latino workers and business owners and increase opportunities for Hispanics.
A California civil rights agency has ordered a Wisconsin company to pay $846,000 for firing a sales manager who had to limit work travel as he was recovering from cancer surgery.
The combined assets of the nations mutual funds decreased by $219.2 billion, or 1.8 percent, to $12.009 trillion in July, according to recent data from the Investment Company Institutes official survey of the mutual fund industry.
Nervous that Social Security seems under siege from all sides, congressional liberals on Wednesday proposed raising the payroll tax that funds the program, but only for people earning more than $250,000 a year.
From the U.S. Census Bureau, 2010 highlights:In 2010, the percentage of people without health insurance, 16.3 percent, was not statistically different…
The American Benefits Council spent $243,809 in the second quarter to lobby the federal government on retirement, pension, financial reform, and budget issues related to health and retirement entitlement programs, according to a recent disclosure report.
More than two-thirds of traders at leading asset management firms around the world are concerned about the impact of high frequency trading (HFT) on the equities market, according to a survey by Liquidnet, the global institutional marketplace.