Stocks will fall 11% starting as soon as this week should some price patterns come true, according to Tom DeMark, the creator of indicators that show turning points in securities.
The era of sluggish growth characterized by Pacific Investment Management Co. chief Bill Gross as the “new normal” is ending, according to one of the firm's deputy CIOs. So what's happening?
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Gross' firm and Western Asset pulled as subadvisers from Mercer fund with $1.1 billion.
The surprising resilience of Treasuries has investors recalibrating forecasts for higher borrowing costs as lackluster job growth and emerging-market turmoil push yields toward 2014 lows.
Company will resubmit proposal after finding botched accounting on structured notes issued by Merrill Lynch.
In a victory for opponents of mandatory arbitration, Charles Schwab & Co. has agreed to pay $500,000 and remove a controversial provision from customer contracts that would require arbitration of class action claims.
As the political fight over raising taxes for high-income Americans fades, so are predictions for negative economic fallout. The first boost in marginal income rates in 20 years is already reducing the U.S. budget deficit without tipping the economy into recession.
In a newly-announced restructuring, BlackRock CEO Laurence Fink is staying put but he has lined up new set of deputies and sets new roles for at least 10 execs.
Bond King challenges former heir apparent to explain departure.
