Missouri securities regulators spearheaded the investigation into the firm's role in the market's February collapse.
U.S. industrial production increased 0.2% in July following a 0.4% jump in June, according to the Fed.
The dollar continued its rise, gaining ground against the euro and rising to a nearly two-year high against the British pound.
The firm is accused of misleading an issuer of student loans in that state by urging it to buy auction rate securities.
Over the past 12 months, the annual inflation rate has risen 5.6%, marking the largest increase since January 1991.
The firms will buy back a total of about $7 billion of auction rate securities from retail investors.
H&R Block's more than 900 brokers and advisers will be added to Ameriprise's employee platform.
In an unexpected move, the nation's trade imbalance in June fell to $56.8 billion, a 4.1% decline.
ING Groep recorded a 25% decline in profits as it dealt with weak financial markets and write-downs from subprime mortgages.
Conseco said that it plans to transfer Conseco Senior Health Insurance, its long-term care unit, to an independent trust.
The amount of money that employees paid in to their defined contribution plans in the first half of 2008 increased.
Walter A. Bell, Alabama’s insurance commissioner, announced that he will step down at the end of the month.
July retail sales dipped 0.1% after rising 0.3% in June, with the drop attributed to a 2.4% decline in the automotive industry.
The bank will separate its investment banking, global asset management and wealth management units.
Many are cutting back on medical care to cope with rising costs and a worsening economy, according to NAIC.
Raymond James' two primary broker-dealers are being scrutinized over ARS sales.
LPL Financial will increase its outgoing account transfer fees for retail accounts and termination fees by $20.
Qualifying investors will have the option of getting their claims heard by a three-person panel of arbitrators.
Banc of America Investment Services allegedly sullied brokers' reputations, damaged potential relationships with clients.
The repurchase program will begin sometime before Sept. 30 and involve $4.5 billion of auction rate securities.
