CHICAGO, Feb 4- The gender pay gap is a hot topic in the presidential campaign, and President Barack Obama has been hammering on it, too. Women who work full-time, year-round, made just 79 cents for every dollar paid to their male counterparts in 2014, U.S. Census Bureau data shows. The income gap translates directly to lower income from Social Security and pensions-...» Read More
While volatility prevails, big institutional investors are ponying up for active managers and leaning away from cheaper, passive investing.
Hot money may be flowing out of China's markets amid a persistent economic slowdown, but slower moving institutional money is taking a longer view.
Recent swings in the market may have many retirement investors worried as some target-date funds -- a popular and often default option in many 401(k) plans -- miss their mark.
New York City's $165 billion pension funds will vote to strip Bank of America CEO Brian Moynihan of his chairman title, a spokesman for the funds told Reuters.
BOSTON, Sept 8- When Pope Francis makes his first visit to the United States this month he will face a national Catholic Church whose finances are staggering under a shrinking membership and huge payouts to sex-abuse victims, threatening to undermine its social influence. A Reuters review of U.S. Catholic financial disclosures shows the pension funding...
The market's dramatic selloff was difficult and uncomfortable but merely "choppy seas" for the long-term investor, the CIO of CalSTRS said.
The lawsuit against Pension Funding LLC and Pension Income LLC was brought by the U.S. Consumer Financial Protection Bureau and the New York State Department of Financial Services. It accused the California- base companies and their principals of duping older Americans, mainly through online pitches, from 2011 through last December into redirecting...
Mike "Mish" Shedlock, SitkaPacific Capital Management investment advisor joins CNBC's Rick Santelli to discuss pension economics.
Jim Iuorio, TJM Institutional Services, and Brian Battle, Performance Trust Capital Partners, discuss how to fix Chicago's financial dilemma, including problems in pensions and the city of Chicago alone having $20 billion unfunded liability.
The inability to curb public pension costs in Illinois led its biggest county to hike the sales tax rate on Wednesday.
Christopher Ailman, CalSTRS CIO, shares his thoughts on investing in hedge funds and where he is seeing investment opportunities. I won't bet on Europe right now, says Ailman.
The California Public Employees' Retirement System says it missed its return target by a wide margin; and Mexico's fire volcano has had steady activity, reports CNBC's Sue Herera.
John Calverley, Head, Global Thematic Research at Standard Chartered, warns of looming trouble in Greek politics.
Lindsey Piegza, Chief Economist at Stifel Fixed Income, says getting the Greek population on board with Monday's bailout plan will require "extreme political maneuvering."
Guillaume Chatain, Executive Director and Head of Equity Solutions at JP Morgan Private Bank, expects Athens to seek changes to Monday's bailout deal over the next couple of months.
New Jersey is a "wonderful window" into world credit problems, said market-watcher Jim Grant, a day after Gov. Christie announced a presidential run.
Luigi Zingales, co-author of Saving Capitalism and a professor at University of Chicago Graduate School of Business, says he would consider high-yield bonds for his pension, despite the risk.
David Kuo, CEO of The Motley Fool, Singapore, outlines the sticking points that are keeping Greece and its creditors from reaching a deal.
More than 30 states face a budget shortfall in fiscal 2015, and many have 5% or less in reserve. It's a red flag that big trouble is ahead.
Sallie Krawcheck, Ellevate Network, explains how closing the gender pay gap will go a long way to solving the social security crisis and grow the economy.