The world economy is recovering at a healthy pace but still needs government stimulus efforts to keep it going, the International Monetary Fund said Tuesday.
Rising loan losses at JPMorgan Chase & Co.'s consumer bank and a disappointing reading on consumer sentiment sent investors rushing from stocks Friday.
Federal regulators are proposing new requirements for brokerage firms aimed at reining in risk from their trading customers who are able to get split-second access to markets to buy or sell stocks.
Companies with international operations are set to take advantage of a global economic recovery in 2010 continuing the rally that began in 2009.
A California couple has filed suit against The Variable Annuity Life Insurance Co., an AIG Inc. subsidiary, claiming the company's sales agents misled investors about the tax advantages of using variable annuities in qualified retirement plans.
Massachusetts regulators allege two Newton financial advisers and their company connected to a Framingham man's alleged Ponzi scheme have been operating as unregistered brokers.
Thomas Weisel Partners Group Inc., the San Francisco-based investment bank, faces a regulatory probe over the sale of $15.7 million in auction-rate securities as the market neared collapse.
Rising taxes and puny money fund rates are leading investors to revisit the public-debt sector
The Department of Labor and the Treasury Department have put out a request for information on the use of annuities in defined-contribution plans.
Adviser Mark Penske requires all of his employees to clean off their desks — including clearing all paperwork — before leaving the office each day.
