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Municipal issuers have far lower federal disclosure requirements for secondary-market bonds.

Unable to overcome a stalemate on the state's $97 billion pension crisis, Illinois Gov. Pat Quinn and legislative leaders have agreed to form a bipartisan committee to hammer out a compromise and to reconvene the Legislature for another session in July.

Conditions may be right for sweeping tax reform, but ASPPA wants to make sure those changes dont gut the private retirement system.

Wal-Mart Stores Inc. announced a $15 billion share buyback program at its annual meeting on Friday, as the world's largest retailer faces increasing scrutiny from investors over how it has handled allegations of bribery in its Mexican operations that surfaced a year ago.

Wal-Mart Stores Inc. opened its annual shareholders' meeting Friday with the typical fanfare, from singers to dancers, as it plans to make the case it is improving the way it does business overseas and outline new growth opportunities at its annual shareholder meeting Friday.

Gov. Pat Quinn dangled the possibility this week that he'll call lawmakers back for a special session on Illinois' nearly $100 billion pension crisis.

Alternative investments have outpaced traditional investments since the recession, but are they for everybody?

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...