Wednesday, April 7, 2010 as of 11:14 AM ET
While it is natural instinct to want to dump your lagging mutual funds, even the best managers sometimes have short-term slumps.
The Securities and Exchange Commission is taking its own sweet time coming up with a rule that would make all investment advisers put their clients' interest first.
New information hints that a growing number of Americans are getting back into the housing market, even though they went through a foreclosure, bankruptcy or short sale in recent years.
Social networking site Pinterest has raised $100 million from a group of investors led by Japanese online retailing giant Rakuten Inc in a deal that reportedly values the three-year-old U.S. company at $1.5 billion.
Yahoo's board convened on Monday afternoon to discuss the mounting upset surrounding Chief Executive Scott Thompson, who has apologized to employees after being accused last week by activist investor Daniel Loeb of padding his resume, a source with knowledge of the matter said.
Warren Buffett's Berkshire Hathaway posted a 67% increase in operating profit, helped by improved performance in insurance underwriting and non-insurance businesses.
The U.S. Treasury Department said on Friday it plans a third sale of the common stock of American International Group that it acquired as part of the government bailout of the insurer in 2008, at the height of the financial crisis.
Ireland-based drug maker Warner Chilcott PLC (WCRX) is back at the bargaining table, confirming Monday that it is evaluating options for its business, and is holding preliminary talks with potential buyers.
France-based Europecar Groupe SA is planning a series of investor meetings for a EUR335 million five-year senior subordinated bond, a lead manager said Thursday.
French cosmetics company L'Oreal SA (OR.FR) is due to sign an agreement Thursday to buy skincare brand Cadum for EUR200 million, French daily Le Figaro reports on its website, without citing sources.
Usually, when people talk about someone 'going through a stage' they are talking about a 2-year-old or a teen. But there's another age at which people go through a key transitional period, also marked by angst and rebellion: Call it pre-retirement.
Much has been made of the millennials as an entitled generation, constantly whining about the obligations of adulthood while fiddling with their iPhones. But life has been tough for many of them.
Until the end of this year, at least, there is a tax break for homeowners who negotiate debt reduction with their lenders.
If you are invested in a target-date retirement fund, it could be time to reconsider.
Venture capitalists have some insights for startup entrepreneurs trying to break out at Austin's South By Southwest Interactive trade show, a mecca for the technorati that runs through Tuesday.
For years, retirement income has been something of a holy grail for retirement experts who worry about longevity - the risk that you will outlive your money. One solution is the income annuity.
Over the past year, Gilt Groupe, the luxury flash-sales website, has tried to finally turn a profit by listing its goods at full price, partnering with a lifestyle magazine and even laying off the head of one of its men's clothing divisions.
The social networking giant is reportedly planning to increase its $2.5 billion credit line to help cover a major tax hit when employee stock awards vest after it goes public.
Online recruitment company Monster Worldwide Inc Chief Executive Sal Iannuzzi told investors on Thursday the company was considering all "strategic alternatives," and its shares rose 16.6 percent.
The automaker's CFO said auto sales in Europe are trending toward the low end of the company's forecast.
Regulators have determined Greece had not breached the terms of the insurance contracts by preparing to force losses on private bondholders while exempting official creditors.
Stephen Schwarzman got about $213.5 million in salary, share of profits and cash distributions from his holdings in the private equity firm last year.
A planned referendum in Ireland and a German court ruling cast uncertainty over efforts to overcome the euro zone's debt crisis.
Germany's top court raised a hurdle to swift action in financial rescues by ruling parliament may not delegate most decisions on disbursing bailout funds to a special committee meeting in secret.
Isis, a venture of three of the top four U.S. mobile providers, said on Monday it has signed a deal with three major banks that would allow consumers to make payments through their mobile phones.
Italy's cost of borrowing over six months sank towards 15 at an auction--the lowest in 17 months.
The civil trial over the Deepwater Horizon disaster has been delayed by a week to allow BP to try and cut a deal with the businesses and individuals affected by the disaster.
Leading economies told euro zone countries they must put up extra money to fight its debt crisis if it wants more help from the rest of the world.
The Treasury secretary said Europe has averted potential financial catastrophe, but said it still must put up a sturdier firewall against contagion.
The British bank pushed back key targets of its turnaround plan, and warned its revenue might take a hit this year.
Rogers Communications , Canada's largest wireless telecommunication company, reported a stronger than expected quarterly profit on Wednesday, driven by growth in its cable and media segments, even as its core wireless business lagged.
Chinese e-commerce firm Alibaba Group is set to sign on Monday a $3 billion loan it plans to use to take private its Hong Kong-listed unit, Alibaba.com, Thomson Reuters publication Basis Point reported.
A former SanDisk Corp executive is expected to plead guilty later Friday of passing confidential tips to an independent research analyst in the U.S. government's ongoing crackdown on insider trading, according to sources close to the case.
Yahoo Inc's efforts to craft a complex $17 billion asset swap with its Asian partners stumbled over how to value Taobao, the fast-growing online retail business owned by China's Alibaba Group, according to sources familiar with the matter.
The Federal Reserve approved Capital One's bid to acquire ING's U.S. online banking unit in what would be the biggest U.S. bank acquisition since the Dodd-Frank Act.
Lawmakers are nearing a deal on legislation that extend a payroll tax cut and long-term jobless benefits for a full year, according to aides.
This man and his team of little-known economists have downgraded euro zone countries 36 times.
Incoming CEO Kazuo Hirai aims to re-shape Sony Corp by linking hardware and software through online networks -- a model he used at its PlayStation unit -- dismissing any suggestion the battered brand would revert to a gadget-centered strategy under his management.
The shadow banking system offers credit and also provides liquidity and funding in addition to that provided by the mainstream banking system.
Whether you do it yourself or use an adviser, you can avoid paying many fund costs.
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The blue chips managed to shed mid-day losses, ending modestly to the upside, but many traders remained on the sidelines with volume coming in below average.
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Kiss co-founder Gene Simmons on the problems with Facebook's IPO, his company's hiring of veterans and how Obama has done as President.
