Argentina lost its bid for a rehearing of a federal appeals court ruling against it in litigation over $1.5 billion in the nation's defaulted bonds.
November 19, 2013 | 01:15 pm
Cincinnati voters rejected a ballot initiative Tuesday that would have created an amendment to the city's charter changing certain retirement benefits of the Cincinnati Retirement System.
November 06, 2013 | 02:05 pm
A ballot initiative in Cincinnati's citywide elections on Tuesday proposes an amendment to the city's charter that could create a new defined contribution plan as well as require the Cincinnati...
November 05, 2013 | 03:36 pm
The race for New York City comptroller, a job that includes managing the $145 billion New York City Retirement Systems, is a study in contrasts as well as similarities between Republican John Burnett ...
November 05, 2013 | 09:21 am
An effort to hold a referendum on replacing Los Angeles' three city pension plans with a defined contribution plan for new employees, proposed by former Mayor Richard Riordan, was temporarily put on...
November 26, 2012 | 06:09 pm
The odds of reduced tax incentives for retirement savings and further regulatory action on retirement issues increased significantly with the Nov. 6 federal election results.
November 12, 2012
The first four years of President Barack Obama's administration were very bullish for the stock market. The S&P 500 rose 66% from January 2009 through October 2012, using monthly averages of daily...
November 09, 2012 | 10:10 am
U.S. stocks plunged Wednesday, with the Dow Jones industrial average closing below the 13,000 mark for the first time since Aug. 2, as investor focus turned to the budget debate and Europe's debt...
November 07, 2012 | 04:16 pm
Incumbent candidates and parties largely won state and local elections that could potentially have the greatest impact on pension plans and reform, while most pension-related constitutional...
November 07, 2012 | 03:56 pm
U.S. stocks fell Wednesday as investors’ focus returned to the U.S. tax debate and Europe’s debt crisis following the re-election of President Barack Obama.
November 07, 2012 | 11:05 am
Bill Gross has suggested investors buy municipal bonds and sell high-dividend-paying stocks. Such stocks might be at risk now that the likelihood of the 2001-2003 tax cuts expiring has increased,...
November 07, 2012 | 10:28 am
U.S. stocks rose on Tuesday as Americans went to the polls to pick a president.
November 06, 2012 | 04:21 pm
During the seven presidential election days the stock market has been open starting in 1984, U.S. equities have risen on four occasions and fallen on three days. The small sample size reveals the...
November 06, 2012 | 11:39 am
The year-end "fiscal cliff" consisting of government spending cuts and tax increases is projected to have crippling effects on the U.S. economy if lawmakers stand by and do nothing. A BlackRock...
November 05, 2012 | 12:19 pm
Fifty-five percent of respondents to a P&I Online survey last week expect to vote for Republican presidential candidate Mitt Romney in Tuesday's election.