A Seattle man has filed suit against his financial adviser for failing to conduct appropriate due diligence and for investing his money with Tremont Group Holdings Inc. of Rye, N.Y., that placed funds with convicted swindler Bernard Madoff.
Angelsoft.net updated its search engine and GlobalBroker.com has launched a web-based market for owners or buyers to sell or to lease commercial real estate.
China's premier is worried about its massive holdings of Treasuries and other U.S. debt, appealing to Washington to safeguard their value.
The Swiss government says it will cooperate on cases of international tax evasion, breaking with a long-standing tradition.
Jon Stewart hammered Jim Cramer and his network, CNBC, in their anticipated face-off on "The Daily Show," repeatedly chastising the "Mad Money" host for putting entertainment above journalism.
National Advisors Trust Co. said today that it was expanding the alternative-investment-custody services that it provides to advisers.
Five closed-end mutual funds advised by Pacific Investment Management Co. will redeem an additional $225 million in illiquid auction rate securities.
The Reuters/University of Michigan consumer confidence index rose to 56.6 this month, from 56.3 in February.
Bernard Madoff's lawyers are appealing a judge's decision to revoke his $10 million bail and send him to jail to await sentencing.
