After shock, Madoff fraud victims struggle to cope

BOSTON (Reuters) – As the shock wears off, hundreds of angry individuals are struggling to come to grips with how they fell victim to disgraced financier Bernard Madoff’s allegedly $50 billion fraud, according to psychologists.

Obama starts to put stamp on Fed with Tarullo

CHICAGO (Reuters) – U.S. President-elect Barack Obama on Thursday moved to put his stamp on the Federal Reserve with the choice of law professor Daniel Tarullo for a seat on the central bank’s board in what could be the beginning of a wider overhaul.

Stores pull out stops for "last hurrah" weekend

SAN FRANCISCO (Reuters) – Retailers heading into “Super Saturday” — the last major day of holiday shopping — will try everything from jaw-dropping markdowns to round- the-clock openings in a final sales push this weekend.

More than a Quarter of 401(k) Participants Hold Lifecycle Funds

The findings are part of the annual update of the EBRI/ICI 401(k) database, and reflect that assets in lifecycle funds represent 7.4% of total 401(k) assets in the database, and 25.1% of participants in the database were invested in lifecycle funds. The