In casual conversation about the troubled financial markets, the words "risk" and "uncertainty" often are treated as synonyms.
Despite a slowing economy and some potential future funding obstacles, the space industry has nowhere to go but up, participants at a recent space industry conference said.
Insurance agents who work primarily with equity index annuities say the Securities and Exchange Commission's proposal to regulate the products as securities would impose greater costs on their firms and hand over control of their production to broker-dealers.
They are the ultimate go-anywhere funds — global funds that can invest virtually anywhere, regardless of geography — and they are growing in number.
More investors are looking to sell illiquid auction rate preferred securities issued by closed-end mutual funds even though in many cases, they must sell at hefty discounts.
The Loomis Sayles Small Cap Value Fund was launched May 13, 1991, and has $1 billion in assets under management.
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Fears of short supply in the largest oil-producing nations and a weak dollar sent crude oil prices above the $147-per-barrel mark.
The U.S. trade deficit contracted by 1.2% in May as the value of goods and services exported increased faster than those that were brought in.
