New residential-housing construction permits continued to decline last month, falling 4.8% from December.
Americans’ confidence in their own financial security continues to drop, according to an index that showed a steady decline in people’s views over the past six months.
While equity markets have shown little signs of rebounding, hedge fund strategies considerably improved their performance last month.
American Funds Investment Co. filed last week with the Securities and Exchange Commission to create a new money market mutual fund.
Iceland’s economic meltdown, fueled by its exposure to foreign debt, could bring the country to the brink of failure, according to research from Hennessee Group.
President Obama today signed into law the $787 billion stimulus bill.
Employers persuaded their employees to put their 401(k) investments in the stock market, but now they are trying to persuade them not to abandon their investments.
Institutional investor confidence worldwide increased 12.7 points to 72.9, from January’s level of 60.2.
The SEC today charged that Allen Stanford and his financial companies also falsely promoted the Stanford Allocation Strategy fund mutual fund wrap program.
Smith Barney has lost 15 advisers in the Baltimore area to Robert W. Baird & Co. Inc.
