The Markets

ETF Assets Grow by 50% in 2009

The U.S. exchange-traded fund (ETF) industry closed out 2009 with $785 billion in assets under management, according to Morningstar Direct's latest Fund Flows Update.

ETFs See Healthy Asset Gain

Last year was kind to the exchange-traded-funds (ETFs) market, with a whopping 45% jump in assets over the year to $775.8 billion as of December 31, according to...

Ohio Manufacturer Cuts 401(k) Match

With the prospect looming of the imposition of a federal medical device tax, an Elyria, Ohio, home-health products firm has suspended its 401(k) match and taken other cost-cutting...

Many Happy Returns?

Major U.S. stock indexes ended what turned out to be a good year on a sour note—albeit on very light trading volume.

FedEx Puts Back Part of 401(k) Match

Still cautious about a slow U.S. economic recovery, package shipper FedEx Corp. announced it would reinstate half of its 401(k) match as well as its merit salary increase...

Money Managers See 2010 Growth

U.S. money managers participating in a recent Russell Investments poll are apparently an optimistic bunch, predicting equity markets still have room to grow during 2010.