Mutual Funds
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Personal Income Rose Slightly in May; Consumer Spending Nearly Flat
By Joyce HansonPersonal income in May increased slightly, at 0.4%, and consumer spending also rose, but at an even slower rate of 0.2%, the U.S. Department of Commerce reported Monday, June 28.
June 25, 2010
Grail Advisors Files for DoubleLine-Managed Emerging Markets ETFGrail to use DoubleLine Capital's EM fixed-income team headed by Luz Padilla
June 25, 2010
Vanguard Broadens Index Offerings, Adding 19 Funds with ETF SharesThe new product lineup includes municipal bond index funds and a real estate fund.
June 25, 2010
Weekend Interview: Bond Fund Guru Jeffrey GundlachWeekend Interview: Bond Fund Guru Jeffrey Gundlach
June 25, 2010
GDP Revised to 2.7% for Q1 2010U.S. gross domestic product increased at an annual rate of 2.7% in Q1 2010, according to the third estimate released by the Bureau of Economic Analysis on June 25. The third estimate came in lower than the second estimate of 3.0% on May 27.
June 25, 2010
Consumer Sentiment Up to 76.0 in June: Reuters/Univ. of MichiganConsumer sentiment continued its steady if somewhat confounding rise on June 25 as the Reuters/University of Michigan index posted a final reading for the month of 76.0. The reading is 7.3% higher than the 70.8 level of June 2009.
June 24, 2010
At Morningstar Conference, Putnam's Reynolds' Discusses Turnaround StrategyTwo years after leaving Fidelity Investments to run Putnam Investments, Bob Reynolds isn't sitting on his laurels.
June 24, 2010
Jobless Claims Fall, Durables Rise Excluding Aircraft; Economists Still Wary About RecoveryFaintly upbeat news from Labor and Commerce weren't enough to lift the U.S. stock market's mood on June 24 as mixed jobs and manufacturing data left investors wondering where the economy is headed.