Nobel laureate economist Paul Krugman has told the European Union that its effort to spend its way out of recession 'really is disappointing.'
The Obama administration announced Monday that the 21 largest banks receiving government money must report monthly on how much lending they do to small businesses.
Fed up with the recent volatility in publicly traded stocks and mutual funds, some sophisticated investors are looking to alternative investments for portfolio diversity and enhanced returns.
Interest in Section 529 college savings plans that are backed by the Federal Deposit Insurance Corp. is picking up amid the stock market's downturn.
Many advisers don't believe that the market has bottomed, even though the Dow Jones Industrial Average rallied for four days last week.
Bernard Madoff's face has been plastered on magazine covers and in newspapers, but artist Yan Pei-Ming has taken the confessed Ponzi schemer's image one step further.
The Charles Schwab Corp. is giving a reprieve to advisers upset with its decision to stop taking custody of hedge funds, real estate assets, private equity and other forms of alternative investments, but it will not reverse the ban.
Employees at Putnam Investments will work longer hours starting May 4 when a companywide change in the workweek is implemented.
Perkins Investment Management LLC today announced that the Perkins Small Cap Value Fund (JSCVX) will reopen to new investors.
Bernard Madoff's lawyers are appealing a judge's decision to revoke his $10 million bail and send him to jail to await sentencing.
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.
China's premier is worried about its massive holdings of Treasuries and other U.S. debt, appealing to Washington to safeguard their value.
The Reuters/University of Michigan consumer confidence index rose to 56.6 this month, from 56.3 in February.
McLean Wealth Advisors announced today the launch of a fee-based platform for its investment advisory services business.
A fourth-quarter tumble in long term care insurance sales brought down full- year 2008 results for the product, according to data from LIMRA International Inc.
The net worth of American households fell by the largest amount in more than a half-century of record keeping during the fourth quarter of last year.
Oppenheimer Holdings Inc. is interested in picking up some of the brokers and advisers from the distressed Stanford Group Co., the Houston-based broker-dealer arm of the disgraced companies controlled by financial R. Allen Stanford.
Advisers are agitated by the SEC’s decision to expand its examinations of advisory firms to include contact with clients.
