Returns on low risk investments , such as money – market accounts, have been minimal due to record low interest rates. That has forced BNY Mellon to waive fees on certain investments because the returns are so low. BNY Mellon, which owns mutual fund manager Dreyfus, said fee waivers cut in to profits by about 3 cents per share during the quarter. Revenue from foreign exchange and other trading activities fell 36 percent year-over-year to $246 million, but was up slightly …

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Businesses should weigh retirement plan optionsNEW YORK — Like many investors, small business owners may be wondering if this is a good time to go into the stock market . For those with employees, the debate may extend to whether it’s the …

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June 16th, 2009 Meltdown 101: Reform plan’s impact on consumersAmerican consumers have fallen victim to one financial scandal after another in the past decade, from accounting fraud at Enron to illegal late trading by mutual funds to the …. JLC963 The Investment Opportunity of a Lifetime: In his book The New Paradigm for Financial Markets, Soros reveals that.. http://bit.ly/JQS6V; odanielpavon Stock futures point to a lower Wall Street open (AP) : AP – Pessimism about …

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Profit reports push Dow to best July in 20 yearsNEW YORK — The stock market’s best July in 20 years is giving investors reason for hope about the economy. … The broader Standard & Poor’s 500 index, a benchmark for many mutual funds , also ran at a strong pace and July was its best performance since 1997. Even with the gains, the S&P is still down 37 percent from its peak in October 2007. The companies that fared best in July were those that signaled they were patching up …

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