DOL Fiduciary Rule Causes Pullback on Sale of Annuities, Funds by Insurers
State Farm Insurance says it will not accept liability on the future sale of annuities or mutual funds.
Goldman Picks a Side in One of the Fed's Most Contentious Debates
Economists try to get to the bottom of inflation's chicken-or-egg problem.
Active U.S. Equity Funds Bled Cash in August: Morningstar
Active U.S. equity funds continued to hemorrhage assets in August while their passive counterparts persisted in performing well.
Funds Dump Gold at Fastest Pace Since May as Fed View Shifts
Money managers cut bets on bullion rally by most since May as Fed officials prepare to release policy statement on Sept. 21.
Central Bank Meetings Could Bring 'Global Repricing' This Week: Citi
Expect a bumpy ride as global markets digest news from both a U.S. Fed Reserve and Bank of Japan gathering, according to one analyst.
Top Portfolio Products: Global X, Nuveen Add ETFs; Financial Engines Expands Services
Global X introduces three tech ETFs while Nuveen adds bond ETF focused on additional yield.
Ignore These 7 Climate Change Factors at Your Portfolio’s Peril: BlackRock
Financial advisors should add climate change to the list of factors they consider when thinking about portfolio risks, said BlackRock’s Richard Turnhill.
PIMCO Accuses Bill Gross of Leaking Confidential Bonus Records
PIMCO escalated its court battle with Bill Gross by claiming he may have destroyed documents and leaked confidential pay information to the media.
Pension Spending Shows Big Impact on Economy: NIRS Report
In 2014, retiree spending of pension benefits generated $1.2 trillion in total economic output, supporting 7.1 million jobs, according to the report.
Has the Bond Market Peaked?
The broad strengthening this year in the bond market “doesn’t normally happen,” and the market will “recalibrate” at some point, Schwab’s Kathy Jones said.