WORLD BUSINESS NEWS - All target-date funds not equal, need some scrutiny - Louisville Courier-Journal WORLD BUSINESS NEWS - All target-date funds not equal, need some scrutiny - Louisville Courier-Journal

Sunday, January 25, 2009

WORLD BUSINESS NEWS - All target-date funds not equal, need some scrutiny - Louisville Courier-Journal

BOSTON -- Bracing for their year-end 401(k) statements, many investors who put money in 2010 target-date mutual funds may be facing a delayed retirement. Target-date funds have recently become popular as a default option for 401(k) plans, in part in Dow Jones News >

The rally in the domestic market was led by Kolkata, where the metal surged by Rs 470 to close at Rs 14,375 per 10 gm. In Delhi, the precious metal scaled a new peak of Rs 14,100, a gain of Rs 400, while it rose by Rs 310 to close at Rs 14,075 in in Dow Jones News >

The global economic slump has discouraged investment in early-stage companies, said Jessica Canning, research director for Dow Jones VentureSource, which tracks private equity deals. "Many venture capital firms are circling the wagons to weather the in Dow Jones News >

The upcoming week is full of U.S. economic reports, but Wall Street will have to wait until Friday for the biggest number of all, the government's reading on gross domestic product in the final 2008 quarter. Investors are looking for a big in Dow Jones News >

REYKJAVIK, Iceland (AFP)--Iceland's commerce minister announced his resignation Sunday, becoming the first casualty of an economic implosion after the collapse of the island nation's vital financial sector three months ago. Bjorgvin Gudni Sigurdsson in Dow Jones News >

It was another day of unnerving economic news. The Dow Jones performed a portfolio-punishing plunge of 332 points. Chemical manufacturer Rohm & Haas Co. announced 900 job cuts; Clear Channel Communications Inc., 1,850. Yet Philadelphia-area in Dow Jones News >

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