benchmarks

A day after announcing a second round of quantitative easing, Fed Chairman Ben Bernanke responded to critics in a Washington Post op-ed that explains how the program will work and why it won't spark inflation.

A reader asks this question: "I stumbled across some information on Vanguard's Web site about what they call the 'Investing Truths.' One of them is about costs and shows that a 1.2% expense ratio would eat up 46% of an 8% return over 50 years. Can that be true?" The short answer is "yes". Based on...