Portfolio

NEW YORK—The United States will not fall back into another recession, Benjamin Pace, U.S. chief investment officer, Deutsche Bank Private Wealth Management, told a press briefing Tuesday.

NYSE Euronext and Deutsche Börse stepped up their proposal to divest assets in their derivatives businesses, in their effort to win clearance from European regulators for their merger.

U.S. stocks fell Monday after Moody's Investors Service said last week's European fiscal pact will not deter it from reconsidering the credit ratings of all European Union nations.

“For stocks, it is hardly likely to be smooth sailing from here, but conditions have certainly improved since the wild market swings that we saw over the summer.” – Bob Doll, Chief Equity Strategist for Fundamental Equities, BlackRock, blackrock.com

Shaken by high unemployment, market volatility and ongoing concerns about a recurring worldwide recession, U.S. investors have entrusted only a projected $80 billion to stock and bond funds in 2011.

In nearly 90% of high-net-worth households, women are either the sole decision maker or equal partners in decisions on charitable giving, according to a Bank of America Merrill Lynch survey in conjunction with The Center on Philanthropy at Indiana University.

Morningstar is drilling down deeper than ever before when it looks at fixed-income funds, the investment research firm said, announcing the launch of a new fixed-income classification system.

Predictions are easiest to assess, when a year is over.

PHOENIX-A member of the President Obama's Council of Economic Advisers as the mortgage-led global credit crisis erupted said that the last big weapon in the Federal Reserve Board's arsenal to create strong growth is to avoid "tinkering around the edges" of the economy and aggressively reset expectations.

PHOENIX, Ariz.-Richard A. Ferri, the founder of Portfolio Solutions, spent much of his first day at the Super Bowl of Indexing conference here trying to collect names.