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.
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.
Although the Securities and Exchange Commission is eyeing regulatory changes for money market mutual funds, industry observers are not expecting stricter standards than those adopted by the Investment Company Institute last week.
Three decades after Ronald Reagan launched a determined campaign to ease government regulations on business, the pendulum is swinging the other way.
Distributions of $60 million have been made to investors of municipal bond insurer MBIA Inc. of Armonk, N.Y., the Securities and Exchange Commission announced today.
Commercial banks lost $9.2 billion trading derivatives during the fourth quarter as the credit crisis intensified, according to a report released today by the Office of the Comptroller of the Currency.
A Brooklyn financial adviser filed a complaint has filed with the New York State Office of the Attorney General on behalf of clients who haven’t received the final distribution from the liquidation of a money market mutual fund offered by Reserve Management Co. Inc.
