The tough economic environment has forced many older Americans into a “recession lifestyle,” in which they're slashing spending and making other sacrifices in order to make ends meet, a new survey has found.
European markets followed Asian stocks higher Friday as a big improvement in China's exports pointed to rising global demand.
U.S. stock futures rose Friday, following overseas markets higher on a report that China's exports improved.
Morningstar Inc., a provider of investment research, said Friday it has agreed to buy Logical Information Machines Inc. for $51.5 million.
Stocks rose Friday after a report on retail sales indicated consumers are picking up their spending.
Stonegate Wealth Management LLC and Family Financial Research LLC announced yesterday that they have joined forces.
The broker recruiting wars are heating up, with wirehouses jacking up their offers to new heights to lure more representatives in 2010.
Just A few weeks after officially joining UBS AG as the head of its U.S. wealth management business, Bob McCann has snared four veterans from his former firm, Merrill Lynch & Co., to help improve UBS' financial advisory business here.
ING today stepped up its multicultural outreach efforts by hiring a slate of new executives hailing from Latin America.
Stock indexes rose Thursday as a jump in exports offset concerns about an increase in weekly unemployment claims
The Bank of England is holding interest rates steady at 0.5 percent and leaving its 200 billion pound ($325 billion) program to expand the money supply unchanged.
A weaker dollar and hopes for more good news on employment are lifting stock futures.
An amendment to legislation to be considered today by the House Rules Committee could exempt accounting firms that audit certain broker-dealers from having to register with the Public Company Accounting Oversight Board.
Insurers claimed a small victory in the indexed-annuities war, as the SEC said it will delay by two years the effective date of a proposed rule that would make the products securities.
Life insurers will be back in the black at the end of the year, reaping an estimated $16 billion in profits, according to new research from Conning Research and Consulting.
Wells Fargo & Co. says its third-quarter profit nearly doubled from a year ago although it joins other big U.S. banks in reporting higher loan losses.
The struggling online brokerage and bank looks to raise capital to pull itself out from under mortgage-related loan losses.
Although five exchanges will soon vie to clear credit default swap trades in Europe and the United States, the number is likely to dwindle to one on each side of the Atlantic in the next couple of years, according to analysts and industry participants.
