Topic: Personal Finance

WASHINGTON (Reuters) - If you work with an investment adviser, there's a decent chance that sometime during the last year, you've had a conversation about alternative investments.

(Reuters) - Facebook Inc and lead underwriter Morgan Stanley were sued by shareholders who claimed they hid the social networking company's weakened growth forecasts ahead of its $16 billion initial public offering.

NEW YORK (Reuters) - U.S. money market fund assets increased by $1.35 billion to $2.541 trillion in the week ended May 22, the Money Fund Report said on Wednesday.

Finding the right nursing home for an elderly loved one is a daunting task. And it's one most of us will face, as two-thirds of people over 65 will need nursing home care, at least temporarily, according to AARP.

NEW YORK (Reuters) - Short sellers desperate to bet against Facebook shortly after its debut on public markets are now getting their chance.

Finding the right nursing home for an elderly loved one is a daunting task. And it's one most of us will face, as two-thirds of people over 65 will need nursing home care, at least temporarily, according to AARP.

NEW YORK (Reuters) - The deal that gave Goldman Sachs Group Inc a $5-billion boost from renowned investor Warren Buffet at the height of the 2008 financial crisis was "as top secret as you could get," a leading banker testified on Wednesday at the insider-trading trial of onetime Goldman board member Rajat Gupta.

NEW YORK (Reuters) - New York state's pension fund assets rose 5.96 percent to $150.3 billion in the 2012 fiscal year, not far from the $154 billion peak set in 2007, the state's comptroller said on Wednesday.

BOSTON (Reuters) - Hedge funds turned their backs on Johnson & Johnson and Amazon.com Inc in the last months, kicking the former market darlings into a group where they see stock prices dropping, research from Goldman Sachs shows.

(Reuters) - Facebook Inc and Morgan Stanley, the lead underwriter of social networking company's IPO, were sued by shareholders who claimed the defendants hid Facebook's weakened growth forecasts ahead of its $16 billion initial public offering.

NEW YORK (Reuters) - Morgan Stanley told brokers on Wednesday it is reviewing every Facebook Inc trade and will make price adjustments for retail customers who paid too much during the social network company's debut last week, according to an internal memo.

(Reuters) - Facebook Inc and Morgan Stanley, the lead underwriter of social networking company's IPO, were sued by shareholders who claimed the defendants hid Facebook's weakened growth forecasts ahead of its $16 billion initial public offering.

CHICAGO (Reuters) - Artists are not renowned for financial savvy, but their success in raising money on the Internet through donations to crowdfunding websites like Kickstarter and Indiegogo could lead the way for a new class of investing. Soon investors will be able to pile money into startups through such sites with the hope of getting more than a lousy t-shirt in return.

WASHINGTON (Reuters) - The U.S. Senate Banking Committee is reviewing "issues raised in the news" regarding Facebook's botched initial public offering, a Democratic Senate Banking aide said on Wednesday.

Fixed-income investors are once again looking sage-like, as the latest eruption in the EU crisis ravages equities.  Two of these funds are up more than 7 percent.