Business leaders in the United States are becoming increasingly alarmed — again — about the state of the economy.
President Barack Obama's health plan proposal would extend Medicare taxes to the investment income of higher-earning households.
A North Texas jury has sentenced a former Maryland lawyer to 99 years in prison for organizing a fraudulent multistate investment scheme.
The Goldman Sachs Group Inc. is suing seven former employees of its private-wealth-management division who joined Credit Suisse Group AG for “pirating” the bank's clients and reps.
Retail brokerage Charles Schwab Corp. said Friday that its clients' daily trading volume rose 8 percent in January compared with the same month a year ago.
Marc A. Spilker will retire as co-head of the investment management division at Goldman Sachs at the end of February, confirmed Andrea Raphael, a spokeswoman for the firm.
Homes are selling at their fastest clip in nearly three years, the unemployment rate is falling and stocks are up 66 percent since their March lows — the best performance since the 1930s.
Pacific Investment Management Co. LLC is planning to build active-equity-management capability, possibly by lifting an existing team from a rival firm, according to sources familiar with the company.
Warren Buffett earns millions of dollars of dividend income every quarter even though Berkshire Hathaway Inc., his insurance and investment company, has never made a payout.
Only six managed the feat, in fact — those that did said the gains mostly came from expanded client rosters and smart investment choices
JPMorgan Chase & Co.'s banking subsidiary spent $1.9 million during the fourth quarter to lobby the federal government on issues related to regulations that would affect the banking industry.
According to a new survey, optimism sagged somewhat in February. The culprit? Nagging concerns about U.S. unemployment.
Days after the Federal Reserve seemed to sound the alarm that the era of near-zero interest rates is ending, Chairman Ben Bernanke tempered those expectations a bit this week.
With the sale of Dresdner Bank now well behind it, Allianz appears to be back on track. Proof? The Pimco and Oppenheimer parent recorded close to a $6B profit in 2009.
Federal Reserve Chairman Ben Bernanke told Congress on Wednesday that record-low interest rates are still needed to ensure that the economic recovery will last.
Henry Paulson, the former Treasury chief, and billionaire Warren Buffett said taxpayers will recover every cent paid out to banks during the economic meltdown and may even turn a profit.
Politicians of both parties are giving us lessons in how to snatch defeat from the jaws of victory.
The unemployment rate dropped unexpectedly in January to 9.7 percent from 10 percent while employers shed 20,000 jobs, the government said Friday.
Shares in insurer Swiss Life Holding jumped Monday on reports that German rival Allianz SE is planning to make a takeover bid.
