Two recent legal victories by securities firms involving the sale of auction rate securities suggest that institutional investors could find it tough to prevail in similar battles.
A Lubbock businessman pleaded guilty Thursday to two charges related to his bilking $50 million from investors in a Ponzi scheme.
The secular bull market in commodities, which took a breather during the stock market downturn last year, is back on track and poised for an extended rally, according to money managers and market watchers.
U.S. stock futures are creeping higher as investors return from a long holiday weekend to find good news on retail sales
Stocks edged higher Monday as investors returning from a long holiday weekend were heartened by good news on retail sales.
The decade ahead could be a brutal one for America's unemployed — and for people with jobs hoping for pay raises.
Nobel Prize-winning economist Joseph Stiglitz warned there's a "significant" chance the U.S. economy will contract in the second half of next year.
If the trend is your friend, U.S. large-cap stocks will be the place to invest over the next several months, says Jim Porter, manager of the Aston/New Century Absolute Return ETF Fund (ANENX).
The stock market's relentless charge from its March lows shouldn't be taken for granted, since no rally lasts forever, according to portfolio manager Jeffrey Beamer, who maintains a constant hedge on every position in his Lacerte Guardian Fund (LGFIX) offered by Lacerte Capital Advisers LLC.
Heading into 2009, it looked as if Avis Budget Group Inc. was doomed to wind up in bankruptcy court. Not only did the car renter avoid that sad fate, it ended the year as far and away the best-performing stock in the New York area.
The nation's 10.2% unemployment rate — the highest level in 23 years — is being viewed by some analysts not as a peak but as the beginning of a sustained period of above-average unemployment.
World stock markets rose Wednesday amid mounting optimism about the speed of the U.S. economic recovery ahead of further data later.
An unexpected drop in sales of new homes last month is stalling a three-day rally on the stock market, leaving indexes narrowly mixed.
Investment adviser groups are up in arms about a one-sentence provision buried in the sweeping financial services reform legislation approved last week by the House of Representatives.
Prudential Plc, Britain's second-largest insurer, agreed to buy Singapore-based United Overseas Bank's life insurance unit to help expand in Southeast Asia.
Stock futures pointed to a higher opening Tuesday as investors placed bets that new data on economic output and housing sales will show the economy is continuing to recover.
Stocks pushed higher for a third day after a report that home sales were surprisingly strong last month.
Sen. John Kerry of Massachusetts will look at whether financial advisers should continue to be classified as independent contractors.
John Healy has resigned his position as chief executive of the National Association of Insurance and Financial Advisors, the organization announced today.
An Emeryville, Calif., woman remains in federal custody after prosecutors say she admitted to defrauding hundreds of investors out of more than $8 million.
