The Securities and Exchange Commission is charging two employees at State Street Bank and Trust Co. with misleading investors about their exposure to subprime investments.
Mortgage rates fell to the lowest level in decades for the tenth time in 11 weeks, as investors worried about the economy.
Texas financier R. Allen Stanford's attorneys said Tuesday that jail has reduced their client to a "wreck of a man" who is severely depressed, forgets conversations, can no longer see out of one eye and believes he is "losing his mind."
In the wake of news about a spike in new applications for unemployment benefits comes another potentially troubling sign: A record number of workers made hardship withdrawals from their retirement accounts in the second quarter.
Montana Commissioner of Securities Monica Lindeen has announced a nearly $1 million settlement with a Seattle-based securities firm for a Ponzi scheme operated by one of its brokers.
The industry-sponsored group that oversees stock brokers fined Merrill Lynch $500,000 Wednesday for failing to provide sales charge discounts to eligible customers on certain investments.
Vanguard said Thursday it will expand its index investment offerings with 19 new mutual funds, each with an exchange-traded fund version holding the same stocks or bonds as the companion mutual fund.
In his latest letter to Berkshire Hathaway shareholders, Warren Buffett says directors and officers -- and not shareholders -- should take the hit for reckless investments.
The oracle's yearly note to Berkshire-Hathaway shareholders was once a big event in investor circles. Now, it's lost its luster. Blame familiarity.
Stocks and interest rates dropped Friday after a disappointing employment report renewed concerns about a slowdown in economic growth.
