State Street Corp. posted a 50% second-quarter earnings increase today while U.S Bancorp reported that profits dropped 18%.
The producer price index for June brought more bad news for the economy, posting an increase of 1.8% as inflation took its toll.
A downgrade by a Wachovia analyst sent American International Group shares tumbling to a 52-week low.
The euro reached a high of $1.6036 on the dollar today, its highest level since the currency debuted in January 1999.
Dow Jones and Brookfield Asset's indexes serve as benchmarks of companies that own infrastructure assets.
State insurance regulators are displeased with the Securities and Exchange Commission and state securities regulators about a proposal that would regulate equity index annuities as securities rather than as insurance products, and one state insurance regulator is meeting with SEC Chairman Christopher Cox this week to address those grievances.
In his 20 years of managing clients' 401(k) plans, Michael T. Scarborough has seen numerous examples of mistakes made by investors who don't allocate enough of their salaries to saving for retirement.
On the heels of the stock market's worst June performance since 1930 and the official start of a bear market, financial advisers are calming clients' nerves and preparing them for more bad news.
Watching institutional investors achieve big gains in alternative investments has whet retail demand for mutual funds that incorporate alternative strategies.
Women are less aggressive then men when it comes to saving for retirement, according to a new study.
