China's lavish bank lending spurred a recovery but also pumped up markets as speculators scooped up stocks and property and even dabbled in garlic, dried chilli peppers and luxury Pu'er tea.
Federal prosecutors in New Jersey say a Florida man has admitted his role in a $20 million stock fraud and money laundering scheme.
Although there are just a few days left in 2009, small business owners still have time to squeeze in a few tax breaks.
New accounting rules and underpriced universal life insurance are just a couple of the issues keeping Joseph M. Belth up at night.
A federal judge in western New York has sentenced an investment fund manager to six years in prison for helping run a $33 million Ponzi scheme.
Provisions in legislation aimed at “too-big-to-fail” financial firms will increase borrowing costs for large institutions — and will make it harder to get secured lending, according to financial industry officials.
The rally in commodities over the past few weeks has been closely linked to the weakness of the U.S. dollar, according to Charl Malan, who is part of the investment team managing $1.7 billion in two commodity funds at Van Eck Global.
Nobel Prize-winning economist Joseph Stiglitz warned there's a "significant" chance the U.S. economy will contract in the second half of next year.
If the trend is your friend, U.S. large-cap stocks will be the place to invest over the next several months, says Jim Porter, manager of the Aston/New Century Absolute Return ETF Fund (ANENX).
Investment adviser groups are up in arms about a one-sentence provision buried in the sweeping financial services reform legislation approved last week by the House of Representatives.
