Investment Instruments

The Roadmap Funds will invest mostly in other funds, representing multiple asset classes, such as equity, fixed-income and inflation-hedging assets.

Issuance is booming as companies have seized on record-low borrowing costs.

Genworth Financial Inc. fell in New York trading as JPMorgan Chase & Co. cut its price target, citing a reserve shortfall at the insurer.

The company is hoping to expand its target market to include those as young as 45.

As the market for single premium immediate and deferred income annuities heats up, a calculation you can use to compare competing products and estimate embedded costs is called the Moneys Worth Ratio.

The move reflects Republicans calculation that a $400 billion-plus bipartisan proposal that collapsed last week probably cant be resurrected.