Investors are growing more upbeat about the economy following an increase in retail sales and as a weaker dollar sends commodity prices higher.
MSCI Inc. said Monday that it has agreed to buy RiskMetrics Group Inc. for about $1.55 billion in cash and stock in a deal between companies that provide support services to financial companies.
Nicolas Cage is being sued by his former business manager, who claims lavish spending, not his advice, is to blame for the actor's financial problems.
Woodmen of the World wants U.S. Bank to pay nearly $30 million for investing some of the insurer's assets in risky mortgage-backed securities that plummeted in value instead of the conservative investments the bank promised.
Encouraging earnings news from major retailers and The Walt Disney Co. drew investors back into the stock market one day after a big drop.
New claims for unemployment insurance fell more than expected last week, evidence the job market is slowly healing as the economy recovers.
A drop in energy stocks dragged the market lower Thursday following a government report that consumers and businesses cut back on their use of oil and gas.
Three South Carolina men accused of bilking investors out of millions made anyone with ties to law enforcement or attorneys leave their seminars, and threatened investors with $1 million in fines if they told anyone about the massive returns they were making, a former bookkeeper testified Tuesday.
Lee Scott, former Wal-Mart Stores Inc. CEO and president, has joined the private equity firm Solamere Capital as an operating partner and a member of its investment committee.
Investors cooled their buying of stocks and commodities, pausing from a surge that's carried major stock indexes to their highest levels in more than a year.
