Target-date funds have become popular additions to 401(k) retirement plans because they offer convenience, portfolio choices based on a participants retirement age and a commitment device for future age-based equity balancing.

The U.S. economy has been outrunning everyone's expectations.

Attacked as a rationing scheme and praised as a lifesaver, President Barack Obama's health care law remains as divisive and confusing as ever. But a new poll finds Americans are less worried that the overhaul will undermine their own care.

Business tax cuts, tax incentives for hiring the unemployed, a moratorium on new taxes and a state spending cap will be part of the budget proposal of the New York Senate's Republican majority.