Record Low Student Loan Rates Expected in the Fall
By Bernice NapachRates for undergraduate, graduate and PLUS loans are expected to drop 178 basis points.
May 12, 2020
Morgan Stanley to Pay $5M Over Wrap-Fee IssuesThe SEC says the wirehouse often directed clients' trades in ways that led to extra transaction charges from 2012 to 2017.
May 12, 2020
House Democrats Unveil $3 Trillion Aid Bill With Cash for StatesThe bill includes more cash payments and tax changes; Republicans signaled that they're in no rush.
May 12, 2020
Target Date Funds Hammered by Q1 Market Turbulence: MorningstarAssets in target date strategies fell by 17% from the fourth quarter.
May 12, 2020
Derivatives Buoy Brighthouse Net Income: EarningsGreat-West and National Western Life have also released earnings.
May 12, 2020
Low-Rate Medicine Hurts Long-Term Savers: Sri ReddyThe Principal executive said some consumers are responding to the turmoil by investing more aggressively.
May 11, 2020
BlackRock Says PNC Selling Stake, Plans $1B BuybackThe news ends speculation over how long the financial services group would keep its 22% stake in the asset manager.
May 11, 2020
Try This When Consoling Clients About Investment LossesA new Vanguard analysis contrasting short- and long-term performance could be seen as a template.