An Emeryville, Calif., woman remains in federal custody after prosecutors say she admitted to defrauding hundreds of investors out of more than $8 million.
A former Lazard Freres banker was charged Wednesday with insider trading.
Federal prosecutors said Tuesday they will file new charges against billionaire hedge fund operator Raj Rajaratnam alleging he made at least $36 million from trades based on insider information, double what the government previously believed.
A lawyer says a billionaire hedge fund manager charged in a $25 million insider trading case plans to clear his name and is not a flight risk.
Total money market mutual fund assets rose by $2.59 billion to $3.272 trillion for the week, the Investment Company Institute said Thursday.
Stock futures are indicating a higher opening Friday on Wall Street following better than expected earnings reports from the technology sector.
The stock market drifted Friday as traders did some quarterly housekeeping and moved into technology stocks after two of the industry's big names said business was improving.
Chinese shares fell for a fourth day Friday on worries a stronger U.S. dollar and new stock listings will further strain liquidity.
World stock markets fell Thursday while the dollar strengthened to a three-month high against the euro.
Stock futures are indicating a lower opening on Wall Street following declines in overseas markets after the Federal Reserve indicated it would start pulling back some emergency supports.
