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Vanguard named greatest pay enabler, Palmer Square launches its first mutual fund, New York Life funds surge, and muni mutual funds lose $108M.

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

According to Rob Jackson, co-founder and CEO of Healthy Paws Pet Insurance & Foundation, only 1.5 million pets are insured in the United States.

SPDs, mac & cheese and the top health care reform stories this week.

A new survey of college graduates from the last five years finds that the Great Recession has hit them hard, forcing them into low-paying jobs often unrelated to their educations and leaving half of them expecting less financial success than their parents.

The number of people applying for unemployment benefits fell sharply for the second straight week, suggesting the job market is slowly recovering.

The world’s largest money manager, BlackRock Inc. (BLK), has news for America’s Early Boomers: you may think your employer’s target date fund will get you through retirement, but don’t expect your company to help you figure out how to spend all the money you’ve saved.

U.S. Treasury Secretary Timothy Geithner, as expected, backed President Barack Obama’s budget plan on Tuesday, saying the government must resolve its debt ceiling crisis well before Aug. 2 and bring its deficits down “gradually but dramatically” over the next three to five years.