Bernanke sees ‘tentative signs’ of recession easing
Federal Reserve Chairman Ben Bernanke said Tuesday there have been "tentative signs" that the recession may be easing.
Study: Only 13% of workers feel confident about retirement
A new survey shows only 13 percent of workers are very confident they'll have enough money to retire comfortably. The survey, by the nonpartisan Employee Benefit Research Institute, also shows many misconceptions still exist about retirement.
Wholesale prices fell 1.2% in March
The U.S. government says that wholesale prices dropped sharply last month as the cost of gasoline and other…
Analyst sees auto rebound
New vehicle sales could start to recover in the next several months, which could give a needed boost to automotive stocks, an analyst said Tuesday.
Finra fines Fifth Third $1.75M for improper VA trades
The Financial Industry Regulatory Authority said Tuesday that it has fined Fifth Third Securities Inc. $1.75 million for a series of violations related to variable annuities transactions.
Madoff’s pricey Mets tickets to go to highest bidder
A federal bankruptcy judge signed off today on a plan to raise tens of thousands of dollars for victims of the Bernard Madoff fraud by auctioning off pricey New York Mets season tickets owned by the disgraced financier's investment firm.
Goldman reports 1Q profit of $1.7B
Goldman Sachs Group Inc. has beat Wall Street's earnings expectations, reporting profit of $1.7 billion during the first three months of this year. It's another sign that banks may be turning themselves around.
Goldman Sachs reported to be considering stock offering
Goldman Sachs Group Inc. is considering raising new capital through a stock offer as part of a plan…
New jobless claims fall but remain high
New jobless claims fell more than expected last week but are stuck at elevated levels, while the number of people continuing to receive unemployment insurance approached 6 million, setting a record for the 10th straight week.
BofA pays $4.7M, ending Massachusetts ARS investigation
Bank of America Corp. has paid a $4.7 million fine to Massachusetts following an investigation of the bank's marketing and sales of auction-rate securities.