Retirement Trends

Personal income decreased in April, but personal savings increased.

As the U.S. recovery slowly gathers steam, federal deficits are finally coming down from their nosebleed $1-trillion-plus heights. That will postpone until fall a new budget showdown between Congress and the White House and also will probably delay the days of reckoning, feared by millions of aging Americans, when...

Pension experts, an asset manager, and a national clearinghouse for state governments fielded questions Wednesday from a legislative panel scrutinizing Pennsylvania Gov. Tom Corbett's pension-overhaul plan, providing an abundance of information but no clear direction on how to proceed barely a month before the Legislature is expected to take its...

The mutual fund industry is forever trying to build a better mousetrap with mixed results.

The government says Medicare's giant hospital trust will not be exhausted until 2026, while the date that Social Security will exhaust its trust fund is unchanged at 2033.

Stocks are heading slightly lower in early trading after the government reported that Americans cut back on their spending last month, a discouraging sign for the economy.

Total U.S. money market mutual fund assets rose $12.2 billion to $2.613 trillion for the week that ended Wednesday, according to the Investment Co. Institute.

The U.S. economy grew at a modest 2.4 percent annual rate from January through March, slightly slower than initially estimated.