US Railroads Move More Crude Oil Amid Drilling Boom

U.S. railroads are moving greater volumes of oil this year as the American shale drilling boom keeps churning out fossil fuels. Nine percent more crude oil and refined products traveled by rail from January to July than in the same period in 2013, according to industry statistics. The increase reflects rising U.S. crude oil production, which…

US Railroads Move More Crude Oil Amid Drilling Boom

Vanguard’s move into PE may change the landscape forever

Private equity has been growing in popularity in recent years as more and more big-name funds and institutional investors dive in. Now even indexing giant Vanguard is out to take a piece of the PE pie. During a panel at the Morningstar Investment Conference this year, Fran Kinniry of Vanguard, John Rekenthaler of Morningstar and Read More