Time for Broker Crackdown as Abuses Cost Retirement Savers Billions: Obama Aide
A leaked White House memo estimates the cost to 401(k) savers of broker practices like excessive trading and calls for tighter rules.
Bill Gross Put $700 Million Into Janus Unconstrained Fund
Bill Gross is “proud to eat his own cooking,” Janus CEO Dick Weil said during the firm's earnings call.
China’s Oil Refining Rises to Record as Plants Complete Repairs
The world’s second-largest oil consumer refined a total of 502.77 million tons in 2014, up 5.3% from a year ago.
Roubini: Obama Is Right; Gold Bugs Are Wrong
At Davos, the economist warns that deflation is a bigger threat than inflation and calls for higher taxes on the wealthy.
S&P Got a Little Casual With Its Mortgage Ratings
Here's a story the SEC tells about Standard & Poor's 2010 holiday party that ends in $67 million in fines for S&P.
Morgan Stanley Misses Earnings Target; Gorman Highlights Wealth Results
Financial advisors at Morgan Stanley are "on a path" to achieve higher profits, the CEO says.
Swiss Franc Move: What Does It All Mean?
The surprise decision by the Swiss National Bank demonstrates how suddenly and unexpectedly major market moves can occur.
UBS's Dark Pool Was Shady
This was a big week for the SEC, including levying a $14.4 million fine against UBS Securities for doing bad stuff in its dark pool.
How Meredith Whitney’s American Revival Fund Sputtered in Debut Year
Whitney’s American Revival Fund started investing in heartland stocks in November 2013, and by last October her main backer asked for its money back.
Commodities Drop to 12-Year Low as Oil Slumps Amid Global Glut
Oil prices are tumbling, but there's even more to the commodity story.