| Jul 31, 2014
| 1:35 PM
Stocks dropped steeply Thursday, exacerbating a two-day slump that analysts attributed to concerns about instability abroad, worries about Friday’s employment data and fears that the Federal Reserve may raise rock-bottom interest rates sooner than...
| Jul 31, 2014
| 3:43 PM
NEW YORK (Reuters) - A long-predicted dollar rally appears at last to be taking hold, with the greenback ending July with its best monthly performance in 17 months and investors positioning for the first post-crisis U.S. interest rate increase.
| Jul 30, 2014
Do you feel cozy having your money in a money market fund in your 401(k), college savings plan or brokerage account?
With memories of the darkest days of the financial crisis now blotted out by five years of economic healing, you may have forgotten...
| Jul 21, 2014
| 9:26 AM
Nearly 40 percent of young adults would stash their spare cash in a savings account for long-term investment – or a checking account, or a CD, or just under the mattress, according to a bankrate.com survey released Monday.
A plurality of adults...
| Jul 28, 2014
| 2:30 AM
The biggest surprise in financial markets this year is the strong performance of bonds. You may recall that bond prices fell (and yields rose) last year after the Federal Reserve began to reverse its easy-money policies. With yields still near...
| Jul 28, 2014
| 2:40 AM
(Reuters) - Bond issuance volumes from sub-Saharan African have already surpassed last year's levels with the promise of more to come.
African issuance has dominated CEEMEA supply over the past month, with at least three more transactions possible over...
| Jun 27, 2014
Shares of action camcorder maker GoPro Inc. surged in their initial public offering Thursday, and no one was happier than the private equity firms that got to cash in on the deal.
This year's IPO boom has helped to propel the stock market, boost...
| Jul 10, 2014
| 7:31 AM
Stocks tumbled in early trading Thursday as the troubles of a leading Portuguese bank renewed concerns about the European banking sector.
The Dow Jones industrial average fell about 150 points, or nearly 1%. The Standard & Poor's 500 index also was down...
| Jul 14, 2014
| 8:12 AM
Citigroup Inc has agreed to pay $7 billion to settle a U.S. investigation into shoddy mortgage-backed securities the bank sold in the run-up to the financial crisis, including the largest civil fraud penalty ever levied by the U.S. Justice Department....
| Jul 15, 2014
Illinois will receive $84 million as part of a national $7 billion settlement resolving allegations by federal and state authorities that Citigroup Inc. sold risky mortgage-backed securities that harmed investors, which included pension systems and...
| Jun 11, 2014
| 4:30 PM
The Great Recession that began in late 2007 resulted in about 12,940 suicides in North America and Europe -- and many of them could have been prevented, researchers said Wednesday.
As far back as 1897, French sociologist Emile Durkheim observed the link...