South Koreas biggest pension funds are cutting holdings of local debt to buy stocks in the U.S. and Europe, saying the days when the Asian nation could be counted on to outperform developed markets are in the past.

A cap on raises for New Jersey police and firefighters that mediators award when contract talks break down is set to end today, after lawmakers in the state Assembly didnt concur with Governor Chris Christies changes to an extension bill.

Vanguard Group Inc., the third- biggest provider of exchange-traded funds, gained ground on larger competitors this year after gathering 10 times as much money into its ETFs than the rest of the U.S. industry combined.

Some thoughts as the first year of PPACA enrollment winds down...