Neither Sen. Barack Obama nor Sen. John McCain possesses a solid sense of the economy political commentator Tucker Carlson told attendees of the National Association of Personal Financial Advisers conference today.
Van Eck Associates Corp. today launched the first global-hard-assets exchange traded fund — Market Vectors-RVE Hard Assets Producers (HAP).
American International Group Inc. is reportedly in talks with JPMorgan Chase & Co. to spin off some its subprime assets into a new company, according to The New York Post.
Worries about bank failures and the stability of other financial institutions are all over the news lately.
Two former Credit Suisse brokers were charged today with defrauding their customers by making more than $1 billion in unauthorized purchases of subprime-related auction rate securities.
Janus Capital Group Inc. today launched Janus Adviser Modular Portfolio Construction Fund (JSMPX), a fund of funds.
Small-cap companies in the Russell 2000 Index climbed 3.6% during August, turning out a positive return for every sector, according to Russell Investments of Tacoma, Wash.
The Morgan Stanley Real Estate Fund VII Global will invest at least $1.46 billion in China over the next few years.
Facing jail time, a former branch manager for Banc of America Investment Services Inc. and A.G. Edwards & Sons Inc. owes two former clients $4.5 million after losing an arbitration claim last month.
Munder Capital Management Inc. has announced plans to exit the money market mutual fund business.
