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United Bankshares1Q profit rises 2.6 percent

United Bankshares Inc., parent of United Bank, said Tuesday its first quarter profit rose nearly 2.6 percent despite lower income from loans and fees. Its results reflected a lower provision for loan losses. Full story

Mass. auto lender, executives charged with fraud

The Securities and Exchange Commission has charged Massachusetts-based subprime auto lender Inofin Inc. and three executives with defrauding investors and diverting millions of dollars in investor funds for their personal benefit. Full story

Debunking some retirement money myths

Fretting is the new normal for retirement. We haven't saved enough, too many of us retire without financial security, and we may need to work longer to achieve it. Full story

Myths about money in retirement punctured

Fretting is the new normal for retirement. Full story

SEC investigating Kraft for corruption in India

The Securities and Exchange Commission is investigating Kraft Foods Inc for possible corruption at an Indian facility of its Cadbury unit, the company said in a regulatory filing. Full story

Deficit could reshape retirement funding

While much of the focus on Social Security goes to benefits paid or taxes raised, the solution may lie in reviving an old idea: mandatory individual retirement savings accounts. Full story

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SEC says broker will pay $350,000 to Bronx nuns


  Financial Security in Retirement

To help secure a steady stream of income for retirees, there's been a push to include an annuity option in 401K plans. CNBC's Sharon Epperson has the details.

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