The Markets

Oregon Sues 529 Fund Manager

The state of Oregon has sued OppenheimerFunds Inc., charging the fund manager with understating the risk it took with a bond fund in Oregon's state college-savings plan.

ICI: Mutual Fund Fees Down, For Now

The average fees and expenses that investors paid on mutual funds fell in 2008 to their lowest levels in more than 25 years, according to the Investment Company...