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In spite of a U.S. unemployment rate that currently sits at 9.6 percent, the recession -- the "longest downturn since the Great Depression of the 1930s," according to the National Bureau of Economic Research -- was over in June 2009.
Think Wall Street is the land of plenty when it comes to compensation? Think again. If 2011 pay to top executives is a window into the Wall Street compensation machine, then compared with other industries -- the entertainment media, for instance -- the bloom is definitely off the rose.
Tech reporter James Rogers says Facebook needs a better plan to impress investors.
A loosening of SEC regulations which has allowed US retail investors to buy covered bonds for the first time has triggered calls of a Wall Street invasion, but there's a key sticking point. 28 May 2012 9:08 AM
LONDON (Reuters) - JPMorgan Chase & Co has named Teresa Heitsenrether as the new head of its global prime brokerage business, a source familiar with the situation said. Heitsenrether, who had been setting up the business from London in the European, Middle East and Africa region, replaces Lou Lebedin. The firm, which strengthened its competitive position through the 2008 financial crisis ...
In a new exclusive interview, eight years after the founding of Facebook, Eduardo Saverin finally talks openly about the website's creation, his current investments and, of course, his so-called feud with Mark Zuckerberg.
This week’s reports include the Standard & Poor’s/Case-Shiller home price index for March and personal income and spending for April.
The following tax-exempt fixed-income issues are scheduled for pricing this week.
I read a number of articles touting the growth and ?advantages? of annuities. Personally, I?ve never met an annuity I liked. This article ?Aiming For Advisors? by Gail Liberman from Financial Advisor Magazine began: Insurance companies have been launching a barrage of annuities, new commission structures and platforms-aimed directly at fee-based and fee-only advisors. They ...
SYDNEY(MarketWatch) -- Japanese shares rose early Monday, as auto makers advanced, shrugging off a weak lead from Wall Street on Friday. The Nikkei 225 Index added 0.5% to 8,61994 in opening moves. Auto stocks headed higher, with Honda Motor Co. up 1.2%, while Mazda Motor Corp. rose 1% and Mitsubishi Motor Corp. put on 1.4%. On the downside, shares of chip maker Renesas Electronics Corp. fell 5 ...
I just read that David Petraeus is being seriously considered as Romney's running mate. Based on his biography, he might make a pretty good president. I just don't think he qualifies for running mate by the citeria that are being cited. According to this story:
On May 21, 2012 the Internal Revenue Service announced another expansion of its "Fresh Start" initiative by offering more flexible terms to its Offer in Compromise (OIC) program. This newest program promises to enable some of the most financially distressed taxpayers an opportunity to clear up their tax problems, and in many cases, more quickly than in the past.
All weather investment strategies can shield investors during the worst bear markets.
Did you miss anything in this weekend’s Personal Finance section of the Financial Post? Here’s a round-up of our coverage, just in case
Jim Cramer stated that as a hedge fund manager, he was working for the little guy. This comment seems odd as best. His body language immediately after making the comment seems to communicate a different message.
Inside the world's biggest biometric marathon
