Taxes are going up after the expiration of the Bush tax cuts in 2010, even if John McCain, R-Ariz., is elected president in November.
The producer price index edged up a weaker-than-expected 0.2% last month, reflecting reduced gasoline prices at the producer level.
The economy will probably avoid going into recession, said Marci Rossell, a former chief economist for CNBC Inc. television.
American International Group Inc.’s will raise $20 billion to guard against further write-downs, according to published reports.
Citigroup Inc.’s Falcon Strategies hedge fund plunged more than 75%, taking three banks with it.
Fidelity Investments of Boston today launched a new international equity fund which involves multiple emerging markets.
When they started their partnership in 1990 at Morgan Stanley, brokers Gerald P. Kessler and Paul S. Baker probably never imagined that the dissolution of their book of business — $470 million in assets, producing an estimated $3 million a year in fees and commissions — would hinge on a coin toss.
To preserve their watchdog role and face down calls for change, independent mutual fund board chairmen and lead independent directors are banding together.
A rough start to the year has become a kind of backhanded blessing to the Oppenheimer Small & Mid Cap Value Fund (QVSCX).
The mutual fund industry should consider itself lucky if, as expected, the SEC this summer recommends placing a cap on 12(b)-1 fees some investor now pay annually via "level loads," industry experts said.
