Mutual funds shave shareholder costs

  Mutual funds are becoming better deals for investors. Shareholders paid slightly lower ongoing expenses last year compared to 2010, in keeping with a long-term downward trend in costs. Expense ratios for stock funds averaged 79 basis points or $7.90 annually for a $1,000 investment, reported the Investment Company Institute, and 62 basis points for bond funds, equivalent to a charge of $6.20 ...

U.S.News & World Report Ranks the 2012 Best High Schools

WASHINGTON, May 8, 2012 /PRNewswire/ -- U.S.News & World Report, the leading source of education rankings and news, today released the 2012 U.S. News Best High Schools rankings at www.usnews.com/best-high-schools ...

Is JPMorgan too big to fail?

WASHINGTON — JPMorgan’s surprising $2 billion trading loss begs a post-financial-crisis question: Are America’s biggest banks simply too big to manage?

Obama confronts oil price manipulation

WASHINGTON — President Barack Obama pushed Congress Tuesday to give oil market regulators more muscle to deter price manipulation by speculators, the latest White House response to determined Republican attacks on administration energy policies amid high gas prices at the pump.

500 youth jobs predicted for summer

Lucas County officials estimate that local businesses and nonprofit groups should have about $1 million available this summer to help hire 500 teenagers and young adults for temporary summer jobs.

Mutual assurance - Washington Post

Mutual assurance Washington Post IN THE WORLD of finance, money market mutual funds are about as safe and boring as it gets. They invest customers' money in a diversified portfolio of short-term, highly liquid securities and, in return, provide a modest rate of interest along with ...