Rhode Island's pension system requires a swift and precise overhaul to correct decades of poor policymaking decisions.

Health insurers, which delivered better-than-expected first-quarter results, may have potential for more earnings growth before a new health care overhaul regulation begins to have a meaningful impact on their business, according to a Jefferies analyst.

Hartford Financial Services Group Inc. said on Monday that it will sell Federal Trust Corp., a thrift holding company with 11 offices in Florida, to CenterState Banks Inc.

Unemployment rates fell last month in more than three-quarters of the nation's states, according to a report from the Labor Department on Friday.

A group of protesters briefly delayed Aetna's annual shareholders meeting in Philadelphia, but police say there were no arrests.

Total money market mutual fund assets fell $12.43 billion to $2.738 trillion for the week, the Investment Company Institute said Thursday.

A Democratic fundraising group with ties to President Barack Obama has launched its first television ad, attacking Republican Mitt Romney.

Lawyers representing Fairfield, Conn., asked the state's Appellate Court on Thursday to reverse a lower court ruling that the town cannot make claims for losses due to disgraced financier Bernard Madoff's fraud.