Fears of short supply in the largest oil-producing nations and a weak dollar sent crude oil prices above the $147-per-barrel mark.
The U.S. trade deficit contracted by 1.2% in May as the value of goods and services exported increased faster than those that were brought in.
U.S. chain store sales rose 4.3% in June — the biggest gain in more than a year — aided by strong performances from discount stores.
SIFMA wants Finra to raise the threshold for reporting settlements with customers to $25,000, from $10,000.
The ratings have been raised to “buy,” from “hold,” and the target price has been upped to $33 per share, from $30.
A Chicago lawyer was sentenced to seven years in prison Thursday by a federal judge who said his excessive loyalty to Refco Inc. led him to help the big commodities brokerage carry out a $2.4 billion fraud.
Goldman Sachs' hard-to-value assets declined 19% in the second quarter, to $78.1 billion.
Investors, brokers and analysts believe the current bond-rating system should be reformed.
Janet Yellen predicts unstable housing and higher commodity prices will hamper recovery before 2009.
Banc of America Securities cuts its earnings estimates and price targets on Blackstone Group and Fortress Investment Group.
While you can’t always guarantee investment, you can guarantee service that will make your clients feel valued.
Americans reacted to soaring gasoline and food prices and the worst stock market since the Great Depression.
The European Central Bank raised its benchmark interest rate a quarter point to 4.25% to combat fears about inflation.
Smart advisers don’t rely on a client’s memory about beneficiary designations; they ask to see paperwork.
The decrease in non-farm payrolls follows a decline of 49,000 jobs last month.
The job cuts mark the largest decrease since November 2002, according to the monthly ADP National Employment Report.
Former chief executive Martin Sullivan's package includes equity and cash awards valued around $28 million.
