Stock Markets Jump as Banks Lead Dow, S&P to New Highs
U.S. stocks rallied to fresh highs on Tuesday as investors picked up large-cap companies' shares on the expectation that central bank stimulus will propel the rally further.
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How Much Does Your Money Manager Cost You?
Noted investing guru Charles Ellis talks about the challenges boomers face from high investment fees, low bond yields, uncertain stock returns, and dubious financial come-ons.
Employers Added 88,000 Jobs in March, Far Fewer Than Expected
American employers hired at the slowest pace in nine months in March, a sign that Washington's austerity drive could be stealing momentum from the economy.
Stocks Weaken After Manufacturing Growth Slows
Stocks were slipping on Wall Street Monday morning after an industry group reported that U.S. manufacturing growth cooled in March and was weaker than economists had forecast.
5 Winners and Losers on Wall Street
From another cruise ship mishap to big banks finally free to pay dividends again, here are last week's smartest moves and biggest blunders in the business world.
How Risky Are Your Bonds? Here's How to Tell
Interest rates have to start rising again soon, and while higher rates are generally good for people looking to put new money to work in the bond market, those who already own bonds could take a bath on their supposedly "safe" investments.
JPMorgan Hid London Whale Trading Risks, Senate Panel Says
A Senate panel issued a scathing report on JPMorgan's $6.2 billion trading loss last year, saying the bank ignored growing risks and hid losses from investors and regulators.
Initial Jobless Claims Fall for Third Straight Week
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, the latest indication the labor market recovery was gaining traction.
Families Dip Into Savings as Incomes Fall, Energy Costs Rise
In January, U.S. incomes dropped, but spending rose as consumers dug into savings to help cover rising utility costs and the increased price of gasoline.
Stock Futures Rise as Fed Chairman Bernanke Heads to The Hill
Futures are rising as Chairman Ben Bernanke heads to Capitol Hill to explain what the Federal Reserve will do to accelerate the economic recovery only days before a series of mandatory budget cuts kick in.
S&P 500 Has Biggest Decline of 2013 After Fed Minutes Released
Stocks are closing lower on Wall Street following news that several top Federal Reserve officials are doubtful about continuing the central bank's economic stimulus. The S&P 500 index had its biggest loss of the year.
5 Obscure Investments to Boost Your Income
With interest rates at historic lows and traditional low-risk vehicles paying rock-bottom returns, more and more investors are turning to once-obscure investments that promise much more income than you'll get from a bank CD right now.
U.S. Wholesale Inflation Still Mild Despite Increase
U.S. wholesale prices rose only slightly in January after three straight declines, the latest sign that inflation is posing no threat. It means the Federal Reserve has room to keep interest rates at record lows without worrying about igniting inflation.
Fed Governor Signals Strong New Stance on Economic Bubbles
In the past, the Fed believed it had no business trying to deflate asset bubbles -- even though when they pop, they can wipe an economy out almost overnight. But a speech made by recently appointed Federal Reserve Governor Jeremy Stein suggests that policy may be about to change.
Stock Futures Higher Ahead of Data on Mood of Consumers
Stock futures are moving higher with new data expected to show fewer Americans seeking unemployment benefits and another rise in consumer borrowing.