| Mar 19, 2014
| 10:30 AM
Exactly two years ago, I wrote a column titled "Coping in a low interest world". At the time, short-term interest rates were essentially zero and the benchmark 10-year Treasury yield hovered at around 2.4 percent. Soon after, 10-year yields plunged to 40-...
| Dec 31, 2013
| 6:20 PM
When Wall Street finally stopped living in fear of another bust, the opposite happened: a market boom that propelled U.S. stocks to their biggest rally in at least 16 years.
Share prices ended Tuesday with more gains, capping a stunning advance that...
| Dec 31, 2013
| 7:21 PM
NEW YORK — Wall Street closed out an epic year with the stock market's best performance since 1995, fattening the retirement accounts for a generation of Americans crushed by the financial crisis just five years ago.
The 27% gain in the Dow...
| Jan 6, 2014
| 6:49 AM
WASHINGTON -- Senators on Monday are expected to confirm Janet L. Yellen as the next head of the Federal Reserve, scheduling a late afternoon vote that could be the closest ever for a leader of the central bank.
Yellen, 67, a former UC Berkeley...
| Jan 8, 2014
| 5:16 PM
Got some dirty money to launder? Well, Rhode Island scientists say they've devised a method of washing human grease, microbes and motor oil from the world's banknotes using supercritical fluid.
Each year, the world's governments shred roughly 150,000...
| Jan 10, 2014
| 8:35 AM
WASHINGTON -- President Obama will nominate Stanley Fischer, the former head of the Bank of Israel, to be vice chair of the Federal Reserve, and also tapped two other people for seats on the central bank's Board of Governors, the White House said Friday....
| Jan 10, 2014
| 5:43 PM
WASHINGTON — President Obama will nominate Stanley Fischer, the former head of the Bank of Israel, to be vice chair of the Federal Reserve, and also tapped two others for seats on the central bank's Board of Governors, the White House said.
| Jan 15, 2014
| 5:50 PM
WASHINGTON — After a long and lumpy recovery, the world economy may finally be at a turning point with global growth expected to accelerate this year behind the rising strength of the U.S. and other major developed countries.
But world finance...
| Apr 29, 2014
| 8:10 AM
The Senate Banking Committee confirmed the nomination of Stanley Fischer, the former president of the Bank of Israel, for the Federal Reserve's No. 2 job and also approved two other nominees to fill seats on the central bank's short-handed board....
| Apr 6, 2014
| 5:00 AM
Over the last six years, roaring bears and raging bulls both have had their turns to be right about financial markets.
But investing success in the next market phase could be far more about pinpointing individual opportunities than riding a wave.
| Apr 9, 2014
| 7:01 PM
WASHINGTON — An account of the Federal Reserve's last meeting suggests that policymakers aren't as eager to take away the punch bowl as the market thought.
The minutes of the March 18-19 meeting state that Fed officials worried that their...