Portfolio

Charles Schwab has agreed to settle a federal class-action lawsuit related to its YieldPlus Fund for $200 million, far less than the $800 million plaintiffs had sought.

Affluent parents can creatively help their children while still holding them responsible for educational expenses.

The most energy-efficient country in the world will become the “gateway to Asia,” Shuhei Abe predicts.

Municipal market dynamics are so favorable right now that investors involved in tender-option bond programs can create better revenue streams compared to what they received before the financial crisis, but at half the risk or less.

NEW YORK—Japan is the most energy-efficient country in the world, using nearly half the energy consumption per GDP of the United States and nearly one-eighth less than India and China, said Shuhei Abe, portfolio manager of the Hennessey Select SPARX Japan Fund.

WASHINGTON — Jafor Iqbal wonders if advisers are from Mars and retirees are from Venus.

XBRL US is working on applications for Apple’s iPhone and newly release iPad. The goal is to demonstrate the power of XBRL in a simple and accessible way, said XBRL US President and Chief Executive Mark Bolgiano.

WASHINGTON — The political pressure to enact financial reform intensified Friday as the government accused Goldman Sachs Group of defrauding investors and the Senate concluded two days of hearings highlighting the allegedly lax supervision that preceded the largest bank failure in the country's history.

For 27 months, investors have consistently favored fixed-income funds, a trend that shows no sign of abating.

Sarah Libbey, president of the Fidelity Gift Fund, discusses Roth Conversions and the comeback of giving.