Speculating through exchange-traded funds isn't prudent for longer-term investors, according to John C. Bogle, who created the first index mutual fund in 1975.
James Walsh, the departing endowment chief at Cornell University, plans to start a $150 million hedge fund with performance fees that are spread out over three years.
Seven former UBS AG clients, including two who pleaded guilty, were accused of tax crimes as the U.S. Justice Department extends its crackdown on offshore tax evasion.
President Barack Obama signed legislation that will cut taxes and provide credit help for small businesses, calling it an essential step for job growth in a slow economy.
Don't write the obit just yet: experts like BlackRock's Bob Doll and Morgan Stanley's Richard Berner say U.S. households are 'heading in the right direction' by saving more and borrowing less.
Bank of America Corp. settled a lawsuit filed by a broker who claimed the bank's Merrill Lynch & Co. unit discriminates against women through its partnership model.
Stinson hookwinked 260 investors in real estate investment scam, say prosecutors; claimed to be an MIT grad
Don't give credence to predictions that inflation is gone for good, said Nobel laureate William Sharpe.
Arrangement puts underwriter on retail par with other major firms
