Yes, California has problems. But Illinois has a budget gap the size of Lake Michigan. Not surprisingly, the cost of insuring bonds from the Land of Lincoln is surging. Muni bond investors, take note | <a href=http://www.investmentnews.com/article/20101228/CHART/101229956>Schiff: Muni meltdown near</a>
City-state has highest percentage of millionaire households; China now No.3 in total number of millionaire households
GASM boss says 'every little problem that crops up' not a market killer; thinks China stock rally may boost other bourses; 'every little problem that crops up' not a market killer
2010 was a very bad year for legendary stock picker Bill Miller. But the 'Great Rotation -- developed nations in, emerging markets out -- has reversed the fortunes of the Legg Mason fund manager.
Right now, the increase in the cost of living is far outstripping returns on certificates of deposits -- even long-term CDs.
Pimco has dumped all its holdings in long-term U.S. debt, and bond king Bill Gross is now betting against Treasuries. But traders say the legendary fund manager couldn't be more wrong.
Index specialist Vanguard has set it sights on the ETF market in Europe. BlackRock, already the king of the continent, awaits.
BofA, JPMorgan and Wells looking to horn in on retirement plan biz; could be good news for employees
Dr. Doom sees global economic growth stalling; corporate results will disappoint, he predicts
Barton Biggs, Laszlo Birinyi and a host of other investment gurus see no end to the current bull market The reason? Take a look at corporate balance sheets.
