Morgan Stanley's estimate of the fair-market value of the Morgan Stanley Smith Barney unit is about 40% of what Citigroup believes the brokerage is worth, according to a regulatory filing
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., said municipal bankruptcies are set to rise as there's less stigma attached after three California cities opted to seek protection just weeks apart.
A Tax Policy Center study has estimated that in 2015, Romney would need to eliminate $320 billion in tax breaks, or 30% of the total, to pay for his proposed 20% reduction in tax rates.
Pain across the pond will drag down U.S. market for weeks to come, says investor Barton Biggs
Barton Biggs, the hedge-fund manager who increased bets on equities before the Standard & Poor's 500 Index rallied this year, is getting more bullish.
Findings reveal that students were yet another group of consumers that were hurt by the boom and bust, said CFPB director Richard Cordray
The $20.5 trillion fiscal gap separating Social Security's liabilities and assets -- its unfunded liability -- is enormous; it is 1.4 times U.S. gross domestic product and 34 times annual Social Security taxes.
Jamie Dimon claims the $2B trading loss at JPMorgan came from a credit hedge that morphed 'into something I can't justify,' but Meredith Whitney insists it was a simple proprietary bet all along.
A Virginia couple who donated their house to local firefighters for a training exercise can't deduct the property's value from their federal income taxes, a divided U.S. Tax Court has ruled
The U.S. and certain emerging markets are the best places to invest right now, according to Pimco's Mohamed El-Erian, but not without some risk
