Stocks are rising as investors get some encouraging news on the labor market and wait for the Federal Reserve to weigh in on the economy.
The Hartford Financial Services Group on Tuesday posted a much narrower loss for the third quarter, as its investment losses shrank as financial markets improved.
Allianz Life Insurance Company of North America is pulling its stand-alone long-term-care insurance product off the shelves, effective Nov. 13.
The Phoenix Cos. Inc., following a series of ratings downgrades earlier this year that halted sales of its life insurance and annuity products by major outside distributors, today announced the creation of a distribution company, Saybrus Partners Inc., and a consulting agreement with Edward Jones & Co. LP.
Broadridge Financial Solutions Inc., the brokerage services firm spun off by Automatic Data Processing Inc., is selling its securities clearing business to Penson Worldwide Inc. and its Penson Financial Services Inc. subsidiary.
Investors sidestepped some of their doubts about the strength of an economic recovery and pushed into energy, industrial and materials stocks as commodity prices rose.
The bankruptcy of a key lender that helps retailers stock their shelves is adding to the industry's worries ahead of the critical holiday shopping season.
Hopes for the fledgling economic recovery got a boost Monday from better-than-expected news on manufacturing, construction and contracts to buy homes.
Stocks are snapping back from Friday's big losses as stronger-than-expected reports on manufacturing and housing allay concerns that the economy's recovery won't last.
A former securities broker has pleaded guilty to charges he helped a prominent Manhattan lawyer dupe hedge funds into making bogus investments.
Penson Worldwide has agreed to buy the clearing contracts of Broadridge Financial Solutions for $60-$70 million as part of a new partnership the two firms revealed Monday evening.
A panel of life insurance company chief executives last week assessed how the industry has dealt with the financial crisis, debating the merits of mutual companies versus stock companies.
Kenneth Feinberg, President Obama's “pay czar,” last week capped and restructured the salaries of top executives at seven embattled corporations that have not yet repaid the help they received from the federal government last year.
Economist, lawyer and deadpan comedian Ben Stein doesn't find much humor in the way the federal government is handling the economic crisis.
So you think only ordinary people have financial troubles?
RBC Wealth Management has recruited a pair of financial advisers from U.S. Trust Wealth Management, where they ran some $450 million in client assets.
There's plenty of money-making opportunities right here in the USA, despite the sluggish economy, according to some industry observers.
Investment advisers, state regulators and consumer advocates were astonished by the easy adoption of a key addition to the Investor Protection Act that would give Finra power to oversee any adviser associated with a registered broker-dealer, including about 500 dually registered Finra members.
In the months since purchasing the Chicago Cubs in a highly leveraged, $845-million deal, new owner Tom Ricketts has used his investment banking experience to shore up the team's financial structure, securing major funding from investors who rarely dabble in sports franchises.
Swiss bank UBS AG reports earnings for the third quarter on Tuesday. The following is a summary of key developments and analyst opinion related to the period.
