Nobel laureate economist Paul Krugman has told the European Union that its effort to spend its way out of recession 'really is disappointing.'
Individuals who invest for themselves — without the help of a financial adviser — show more awareness and commitment to exchange traded funds than their adviser-directed peers.
An investor has filed a class action against Prudential Financial Inc. and a slate of its executives, alleging that the insurer violated federal securities laws in a June 2008 public offering of junior subordinated notes.
E*Trade Financial Corp. today announced the launch of a series of online tools aimed at helping its customers select fixed-income products.
Iowa Sen. Charles Grassley suggested that AIG executives should accept responsibility for the collapse of the insurance giant by resigning or killing themselves.
The Obama administration announced Monday that the 21 largest banks receiving government money must report monthly on how much lending they do to small businesses.
Five closed-end mutual funds advised by Pacific Investment Management Co. will redeem an additional $225 million in illiquid auction rate securities.
A key gauge of homebuilders' confidence remained near historic lows in March, as builders saw a drop in prospective homebuyers visiting model homes amid rising job losses and economic fears, according to a survey released Monday.
Federated Investors Inc. of Pittsburgh today announced the launch of three mutual funds.
