Associated Press

Associated Press
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NEWS INDUSTRY NEWS DEC 28, 2009
Moniker for coming decade: Terrible Teens

The decade ahead could be a brutal one for America's unemployed — and for people with jobs hoping for pay raises.

NEWS INDUSTRY NEWS DEC 28, 2009
Stocks edge higher on retail sales data

Stocks edged higher Monday as investors returning from a long holiday weekend were heartened by good news on retail sales.

RETIREMENT TAX DEC 28, 2009
Ponzi schemer who pilfered $5M gets 7 years in prison

A Virginia man will spend more than seven years in prison for running a Ponzi scheme that bilked more than $5 million from more than 30 investors.

INVESTING EMERGING MARKETS DEC 27, 2009
Equity kicker? Shaolin monks plan IPO

The famed fighting monks of China's Shaolin Temple plan a foray into modern finance.

INVESTING MUTUAL FUNDS DEC 26, 2009
Money fund assets fall, average yield on accounts down to 0.24%

Total money market mutual fund assets fell by $51.13 billion to $3.269 trillion for the week, the Investment Company Institute said Thursday.

NEWS INDUSTRY NEWS DEC 23, 2009
Disappointing housing data drives stocks down

An unexpected drop in sales of new homes last month is stalling a three-day rally on the stock market, leaving indexes narrowly mixed.

NEWS INDUSTRY NEWS DEC 23, 2009
World markets up on U.S. economic news

World stock markets rose Wednesday amid mounting optimism about the speed of the U.S. economic recovery ahead of further data later.

RETIREMENT LIFE INSURANCE AND ANNUITIES DEC 22, 2009
Singapore sling: Prudential to shell out $307M for bank's insurance unit

Prudential Plc, Britain's second-largest insurer, agreed to buy Singapore-based United Overseas Bank's life insurance unit to help expand in Southeast Asia.

INVESTING EMERGING MARKETS DEC 22, 2009
Stocks rise sharply in Japan, as Nikkei hits eight-week high

Japanese stocks rose sharply Tuesday to an eight-week high as a weaker yen spurred buying of tech and automaker shares.

NEWS INDUSTRY NEWS DEC 22, 2009
Surprising home sales data drives stocks higher

Stocks pushed higher for a third day after a report that home sales were surprisingly strong last month.