News Feed

The Great Recession significantly widened states’ pension and retiree health care funding shortfalls, the Pew Center on the States concluded in a report released Tuesday.

Bank of the West of San Francisco has hired John Bahnken as its head of wealth management.

Obama has two options: Nominate a candidate who sparks little debate (no easy task), or make a recess appointment, a move that will further infuriate GOP opponents.

Energy stocks are outperforming their peers in all other sectors through the first four months of the year while tech stocks are lagging behind the pack.

The Bloomberg Consumer Confidence Index climbed for the fourth straight month, reaching -42.6, the best reading since the end of February.

PIMCO is planning to launch a Total Return bond exchange-traded fund that will be managed by Bill Gross and disclose its holdings daily rather than monthly, a filing with the Securities and Exchange Commission shows.

Nearly one in five Americans, 19%, have drawn on their retirement savings in the past year to cover emergencies, a survey of 1,004 adults by Princeton Survey Research Associates International for Bankrate in early April found.

Exchange-traded funds are likely to grab a “significant” share of the 401(k) market in coming years, according to Skip Schweiss, president of TD Ameritrade Trust Co.

When you start putting pen to paper (or fingers to keyboard), think carefully about the words and the style you use. Every communication is an opportunity to reinforce your positioning, market your firm and your build your brand. Sometimes, dear mild-mannered financial planners, it’s okay to be bold – and even a bit (gulp!) bossy. It’s a noisy world out there. Your ads, flyers and other marketing promotions must stand out and grab attention. …