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The question of whether some banks are still "too big to fail" will not be settled until the next crisis. That, in a nutshell, was the takeaway from a House Financial Services Committee hearing on Tuesday, where lawmakers fought with each other over whether the Dodd-Frank Act adequately addressed the problem.

When Congress threatened to cap the interchange fees that banks collect on debit card transactions, the industry argued that such a move would force it to kill off its own debit rewards programs. As it turns out, the demise of those programs might inconvenience consumers but it is unlikely to deal banks much of a financial blow.

Financial advisors and investors may want to heed some cautionary words this week from several economists at the Wharton School who think that the country's current economic recovery will remain a sluggish affair and, whenever it does stabilize, it will likely mark the beginning of a "new normal" that's less robust and prosperous than prior cyclical peaks.

A new survey from Polachi Inc., a Framingham, Mass.-based executive recruiter for clean technology and venture capital firms, found that 77% of venture capital executives are more confident and optimistic about their industry today than they were a year ago.

Nearly 10 million adult children over the age of 50 care for their aging parents, at an average cost of $324,044 in lost wages and Social Security benefits for women and $283,716 for men, according to a new study from MetLife, the National Alliance for Caregiving and New York Medical College.

As an advisor, are you the equivalent of an “economic good” or a “free good?” Advisors who want to succeed in the future must make sure they are an “economic good” type of advisor and not a “free good” advisor.

Farrah Fawcett, dying from cancer, floated in and out of consciousness and needed a full-time nurse when Ryan O’Neal interceded to appease NBC and make sure a documentary about Fawcett’s struggle with cancer aired in time for the May sweeps period. At least, that’s the picture painted in a recent New York Times article.

Christopher Adams returns to Citi in a new position as managing director of investment finance in the firm’s New York office.

The 1976 film “All the President’s Men” made famous the line "follow the money" and inspired an entire generation of muckraking journalists. Now some analysts at Standard & Poor's are saying their research shows this philosophy could also serve as a good starting point for identifying strong-performing mutual funds.

IndexIQ has launched the IQ US Real Estate Small Cap ETF (ticker: ROOF), which it says is the first ETF focused on small-cap U.S. real estate.