Tea Party members are mad as hell and they're not going to take it anymore -- an attitude that just might spark a second-half rebound in stocks prices, say money managers. Here's how.
UBS Financial Services Inc. said it hired Thomas G. McLoughlin, former chief executive officer of National Public Finance Guarantee Corp., as head of municipal bond research for its Wealth Management Americas unit.
We expect the economy and markets will stay on the course for growth in 2010.
UBS Wealth Management Americas said it will offer clients in its separately managed account program asset allocation ideas from Richard Bernstein Capital Management LLC, a registered investment adviser, whose eponymous founder was formerly Merrill Lynch & Co. Inc.'s chief investment strategist.
Given the recent swings on the stock market, nervous investors might want to consider a fund that dampens volatility. One such fund: the Goldman Sachs Absolute Return Tracker Fund Ticker:(GARTX).
The St. James strategy, which has generated a 10% average annualized return since its 1999 inception, is built on identifying the fair value of less than two dozen stocks.
Pres. Obama's signature on the financial reform bill is barely dry. But Democrats and Republicans are already hustling to shape voters' opinions on the Dodd-Frank bill.
American Insurance Group Inc. and some of its directors and officers have agreed to a $725 million settlement to resolve allegations of wide-ranging fraud laid out in a class action suit led by three Ohio pension funds.
Federal Reserve officials predicted the expansion will be too slow to return to full employment in the next two years while also saying further measures to boost the economy probably won't be needed in the short term.
JPMorgan Chase & Co. said Thursday its second-quarter net income soared 77 percent to $4.8 billion as a slowdown in losses from failed loans helped offset a difficult spring in trading and investment banking.
