Recent Articles

Despite widespread speculation that the BlackBerry is on its way out, Research in Motion yesterday reported quarterly profits that beat analysts' expectations, and the company said it expects a strong third quarter. RIM's stock has taken a beating this year, losing more than 30 percent as the...

New data from Moody's suggests wealthy Americans will save any money they get from tax cuts rather than spending it. History suggests as much: tax cuts in 2001 and 2003 under President George W. Bush were followed by increases in the saving rate among the rich, according to Moody's data. When...

A new survey shows the majority of investors are confused about which type of advisor is required to act as a fiduciary on their behalf, and that the majority of investors believe all financial professionals providing investment advice, including insurance agents, should be held to a fiduciary...

Apple CEO Steve Jobs is disputing reports that he'll never return to Japan after officials at an airport barred him from taking Ninja throwing stars on board his private plane. The report, which first appeared in the Japanese magazine SPA! and was picked up by Bloomberg, is being discounted as...

Insurers are asking Labor and Treasury department officials to make it easier for employers to include annuities in their retirement plans, because Americans are outliving their savings. The two-day hearing in Washington continues today. The insurers want the government to extend and clarify...

A judge has dismissed a claim by Tiffany that online auctioneer eBay deceived customers by allowing the sale of counterfeit Tiffany jewelry on its website. U.S. District Judge Richard Sullivan in Manhattan rejected Tiffany's assertion that eBay engaged in false advertising, the last remaining...

With the withering economy making it tough for students to find jobs after graduation, an increasing number of borrowers are defaulting on their student loans. The overall default rate on federal student loans grew to 7 percent in fiscal 2008 from 6.7 percent a year earlier, says the Department of...

The Securities and Exchange Commission, is examining whether asset managers that recommend and funnel money to hedge funds are acting in investors' best interest. This is important to you if you've got money managed by someone else. If you're a client, you can't easily verify performance and fees...

Apple is ending its free iPhone case giveaway at the end of September, saying the antenna problem was smaller than the company originally thought. "A small percentage of iPhone 4 users need a case, and we want to continue providing them a bumper case for free," Apple said on its website. "For...

Wealthy Americans could pay around $50,000 more in taxes if Congress decides to let Bush tax cuts expire this year. For example, a married New Yorker earning about $1 million in income, with an additional $50,000 in capital gains and $5,000 in dividends may pay about an extra $45,300 in federal...