Legal

Federal Reserve officials in 2007 badly underestimated the scope of the approaching financial crisis and how it would tip the U.S. economy into the deepest recession since the Great Depression, transcripts of the Fed's policy meetings that year show.

The Supreme Court agreed Friday to hear an appeal that seeks to shut down class-action lawsuits from investors who lost billions in a massive Ponzi scheme orchestrated by former Texas tycoon R. Allen Stanford.

Can a new federal watchdog do what the SEC, the DOL and even FINRA haven't been able to do when it comes to protecting retirement plans in the U.S.?

The fund's $9.5 billion portfolio includes about $146,000 invested in Sturm Ruger & Co. and Smith & Wesson Holding Corp.

Financial advisors relying on the classic 4 percent rule for their clients retirement income have a better than even chance of failure, according to newly published research.

Your team might include a consultant, legal counsel, valuation experts, a trustee and education and communication specialists.