Good things happen to those who hang tough. That applies to 401 plan members too.

The three major credit ratings agencies gave mortgage-backed securities unjustifiably high ratings in return for lucrative fees, losing at least $457 million for five Ohio public employee pension and retirement funds, the state's attorney general alleged in a lawsuit filed Friday.

Some of West Virginia's largest cities can soon freeze and gradually pay down their daunting pension funding shortfalls, after the House of Delegates sent Gov. Joe Manchin his special session relief proposal Thursday.

Hedge funds bar the riffraff. But investors can access mutual funds that employ hedging strategies.

The federal government has decided to abandon a Bush administration plan that would have permitted mutual fund companies and brokerage firms to offer investment advice to 401 customers.

How to prepare for life's surprises -- both good and bad.

If you had a good mix of stocks and bonds in your retirement account and you left it alone through the market madness of the past year, more than likely you're in good shape now.

You don't have to defy the laws of physics to stretch your money so it will last. Just plan wisely.

Follow this approach to socking away money and putting things in order -- before it's too late.

A group representing hundreds of West Virginia police officers sees the value in the special session legislation that aims to help ailing municipal pensions, one of its officials said Tuesday.

The stock market is a scary place, but experts say most investors should have some exposure.

The Associated Press laid off an undisclosed number of news employees Tuesday as part of the cooperative's yearlong plan to cut worldwide payroll expenses by 10 percent.

Cuts in state funding for education mean teachers at one northeastern Oklahoma school now must clean their own classrooms while their superintendent scrubs the toilets. A superintendent in a neighboring county is considering laying off five teachers.

Stock market gains mean two trust funds likely will be able to contribute money to help support education and health care in next year's state budget, state Investment Officer Matt Clark said.

Take these steps to see if your nest egg can furnish your needs in best- and worst-case scenarios.

Direct-selling giant Amway says it's eliminating 93 positions in the United States and Canada over the next 15 months due to a consolidation of its financial operations.

Three women who once worked at a Nebraska meatpacking company have sued their former employer, saying it violated a federal law aimed at protecting workers during mass layoffs or plant closings.

First lady Michelle Obama sought to assure older women on Friday that efforts to overhaul health care won't undercut the benefits they receive through Medicare, saying her husband considers the government-run program a "sacred part of America's social safety net."

The New York Times News Service, which repackages Times stories for other media outlets, is laying off at least 25 employees.

British Airways PLC and Spain's Iberia SA talked up the benefits of a proposed $7 billion merger on Friday, dismissing criticisms that the deal could increase fares, reduce competition and drag down service standards at Britain's flagship carrier.