Investing

Investing |

Oct. Unemployment Rate Spikes in 33 States

November 21, 2001 (PLANSPONSOR.com) - The data behind October?s jobless figures, which saw the US unemployment rate skyrocketing to 5.4%, shows an increase in joblessness in 33 states,...
Investing |

Initial Jobless Claims Continue Downward Trend

November 21, 2001(PLANSPONSOR.com) - Initial unemployment benefit claims continued their downward trend in the week ending November 17, according to the weekly figures released by the Department of...
Investing |

Appetite for Stock Funds Returns

November 20, 2001 (PLANSPONSOR.com) - After three months of net withdrawals, equity mutual fund sales finally outweighed redemptions - with investors pouring $1.6 billion into equity funds in...
Investing |

Participants Stay Put ? Strong Survey

November 19, 2001(PLANSPONSOR.com) - An overwhelming 95% of respondents have not made any changes to their 401(k) plan since September 11, according to a survey by Strong Capital...
Investing |

Hedge Fund Index Up by 0.4% in October

November 15, 2001 (PLANSPONSOR.com) - The CSFB/Tremont Hedge Fund Index increased by 0.4% in October, outpacing major US equity indices and bringing year-to-date returns to 2.6%.
Investing |

Investors Flunk Bond IQ Test

November 13, 2001 (PLANSPONSOR.com) - Although investors have fled equities for bonds in droves, their knowledge of basic fixed-income principles remains shaky, a study by American Century Investments...
Investing |

Hedge Fund Flows Still Strong in Q3

November 12, 2001(PLANSPONSOR.com) - Investors poured $6.9 billion in new money into hedge funds in the third quarter, slightly down from the second quarter's $8.4 billion.
Investing |

Nasdaq Hopes to Extend Reach Abroad

November 8, 2001 (PLANSPONSOR.com) - The Nasdaq Stock Market's new chief executive, Harwick Simmons, on Thursday revealed the exchange's plans to expand into other countries.
Investing |

Jobless Claims Fall by 9%

November 8, 2001 (PLANSPONSOR.com) - The number of Americans claiming unemployment benefits for the first time dropped by 46,000 in the week ending November 3, a decrease of...
Investing |

Fed Cuts Rates by 0.5%

November 6, 2001 (PLANSPONSOR.com) - As anticipated, the Federal Open Market Committee slashed its target for short-term interest rates by a further half a percentage point.
Investing |

Stock Funds Bounce Back In October

November 5, 2001 (PLANSPONSOR.com) - Diversified US equity funds rebounded in October, gaining 3.8% on average after a 17.8% plunge in the third quarter, according to Lipper.
Investing |

October Unemployment Surges to 5.4%

November 2, 2001 (PLANSPONSOR.com) -The US unemployment rate increased by a staggering 0.5%, reaching 5.4% in October, a month that saw the economy losing 415,000 jobs, according to...
Investing |

Tide Returns to Equities in October

November 2, 2001(PLANSPONSOR.com) - Investors increased their positions in stock funds in October after seeking refuge in fixed income and money market accounts in September, according to a...