U.S. nonfarm payrolls shed 63,000 jobs in February — the second consecutive monthly decline.
The Hennessee Hedge Fund Index advanced 1.4% in February but remains down 1.2% for the first two months of the year.
The RBC CASH Index fell to a reading of 33.1 in March, marking the index's worst reading since January 2002.
An alleged Ponzi scheme ran for 12 years and defrauded 1,000 investors of $350 million.
Turmoil in the bond market was a factor in the formation of the Regional Bond Dealers Association, based in Alexandria, Va.
The New York attorney general Andrew Cuomo is broadening his investigation into health insurers’ practices related to payments for out-of-network services.
The Houston-based asset management firm’s earnings fell $596,000, after a net income of $2.6 million in the year-ago period.
Republicans plan to introduce a bill that would make compliance with some provisions of Sarbanes-Oxley voluntary for banks.
Ambac will seek to raise capital through a $1 billion common stock offering, plus a $500 million public offering of equity units.
