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...