Lawmakers including Senators Carl Levin of Michigan and Jeff Merkley said Greg Smith's article showed why the U.S. needs tighter restrictions on Wall Street practices.
The highest yields on 30-year U.S. Treasuries since October erased the extra income advantage investors get from similar-maturity municipal bonds to the least in eight months, suggesting an opportunity to buy.
Deaths from traffic accidents around April 15, traditionally the last day to file individual income taxes in the U.S., rose 6% on average on each of the last 30 years of tax filing days compared with a day during the week prior and a week later.
Implementing a “Buffett rule” to require a minimum 30 percent tax rate for the highest U.S. earners would raise $31 billion over the next decade, according to a government estimate.
Unlike earlier proposals by House Republicans, the bill wouldn't prevent any specific industry from qualifying for the break amounting to 20% of businesses' income
Junk bonds are becoming more attractive compared with stocks as relative yields on the debt soar to a two-year high and a U.S. recession becomes likelier, according to JPMorgan Chase & Co.
Morgan Keegan, the brokerage being sold to Raymond James Financial Corp., lost its bid to be dismissed from an $8 billion lawsuit brought by Canadian insurer Fairfax Financial Holdings Ltd.
Equities markets might be closed tomorrow for Good Friday, but that doesn't mean some traders wont be at work waiting for tomorrow's jobs report.
Hartford Financial Services has offered its head of wealth management, David Levenson, $2 million to stay on for another 11 months while it seeks a buyer for its life and 401(k) businesses.
