Barclays Capital said the possibility of increased inflation has replaced credit risk as the top issue facing the global financial markets.
The Senate Banking Committee today unanimously approved three nominees to be members of the Securities and Exchange Commission.
Nearly half of pre-retirees believe they can withdraw 10% annually from their retirement savings, according to MetLife’s Mature Market Institute survey.
A Massachusetts securities regulator today sued two units of UBS AG, charging the employees with fraud and dishonest conduct in sales of auction rate securities.
Sales of existing homes increased 2% in May to a seasonally adjusted rate of 4.99 million units, according to the National Association of Realtors in Chicago.
Sales of new single-family homes fell 2.5% last month to an adjusted annual rate of 512,000, according to the Department of Commerce.
Barclays PLC plans to raise $8.9 billion through the issuance of new shares as part of an effort to shore up its balance sheet.
Women want to learn about preparing for retirement, but advisers who want to attract that market need to adapt their practices.
The Federal Reserve Board held the economy’s key interest rate at 2% today in a bid to keep inflation in check.
Legislation that would save about 25 million taxpayers from paying the AMT this year was approved today by a vote of 233-189 in the House.
