Citigroup Profit Misses Estimates on Year-End Trading Drop
Weakness in fixed income worse than CEO Michael Corbat's recent predictions.
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.
Optimistic Fed Said Rate Rise Unlikely Before April
The Fed confirmed that being “patient” on interest rates means no increase before late April.
SEC Finds Flaws in Credit Rating Agencies
The SEC found the agencies fell short in managing conflicts of interest as well as IT and cybersecurity issues.
Under the Hood: What You Need to Know About Bonds, Pt. 1: Types and Ratings
With rates likely to rise in 2015, here's how to understand the different types of bonds and what their ratings mean.
Proposed South African Bank Amendment Could Challenge Investors
Investors looking for opportunity have flocked to South Africa with the country drawing the most foreign direct investment (FDI) of sub-Saharan African nations, according to Ernst & Young’s “Attractiveness 2014” survey.
Economy Grows Most Since ’03 on U.S. Consumer-Spending Gains
Revised GDP rises 5% in the third quarter, topping estimates released earlier by the Commerce Department
Meredith Whitney’s Fund Said to Drop 11% as Office Put on Market
Her American Revival Fund has lost money on electronics retailer Conn's Inc. and other poor bets, experts say.
No Room for Feelings in the Market
I want to discuss the rather annoying tendency of commentators to extrapolate market sentiment to well, infinity and beyond.
Fed Vows Patience on Rates, Drops ‘Considerable Time’
Wording change is consistent with recent policy moves and is meant to give Fed flexibility to raise rates if economy accelerates.