Monte Carlo simulation is a technique used to demonstrate risk and a range of possible outcomes, in which a financial plan is put through thousands of possible return paths for the portfolio to ...

David Blanchett is the head of retirement research for Morningstar Investment Management. Measuring progress is an important part of accomplishing a goal—just ask anyone trying to get healthier and ...

Last year was a productive one for the pharmaceutical industry in terms of new drug approvals. A record 59 new drugs were approved by the FDA in 2018, while 42 new active substances were recommended ...