Retirement Trends

May is Older Americans Month. John F. Kennedy first designated May as Senior Citizens Month in 1963. The name was changed by President Jimmy Carter in 1980 to celebrate those who are 65 and older.

Investor optimism jumped 31 points in March, but not everyone is upbeat about the markets.

Technological advances are making it difficult for individuals to plan and stick with their long-term financial goals.

For the third year in a row, the nation's economic recovery has hit a springtime soft spot. Reflecting that weakness, only 1 in 4 Americans now expects his or her own financial situation to improve over the next year, a new Associated Press-GfK poll shows.

Capital One Financial Corp. said Thursday that its first-quarter net income tumbled 25 percent from the same period last year, when the lender booked a hefty gain from its acquisition of online bank ING Direct.

After getting bludgeoned in the financial crisis, Morgan Stanley is staking its future on the steadier, if less spectacular, business of wealth management.