An index that tracks signed contracts to purchase previously occupied homes rose in February from a record low a month earlier as buyers took advantage of deeply discounted prices and low interest rates.
MetLife Inc. Chairman and Chief Executive C. Robert Henrikson received compensation of $12.4 million in 2008, down 13 percent from the previous year, according to an Associated Press calculation of figures disclosed in a regulatory filing Tuesday.
U.S. home prices sank by the sharpest annual rate on record in January, and the pace continues to accelerate, but there were a handful battered metro areas where price declines slowed, according to data released today.
European stock markets rose modestly Tuesday following a mixed Asian session as investors picked up beaten-down stocks but remained acutely aware that the rally could run out of steam in the run-up to this Thursday's G-20 summit of world leaders.
Wall Street has ended a tumultuous March on a high note, managing its first winning month this year and its best monthly performance in nearly seven years.
Inflation in the 16 nations that use the euro hit a record low in March, growing just 0.6 percent from a year ago as oil prices slumped, the EU statistics agency said Tuesday.
It looks as if Barclays’ iShares exchange traded fund business will be sold to a Luxembourg-based global private-equity firm.
President Barack Obama said today that neither General Motors nor Chrysler has proposed sweeping enough changes to justify further large federal bailouts, and demanded "painful concessions" from creditors, unions and others as their price for survival.
There's some good news about mutual funds returns and other economic indicators, but it's not yet time to start popping Champagne corks, industry experts say.
TD Ameritrade Institutional has entered into a strategic partnership with Interactive Advisory Software and Orion Advisor Services, an agreement designed to increase the number of advisers who have assets under custody with the firm.
