Fed Says Labor Market Improves as It Moves Toward Rate Rise
The FOMC is moving closer to ending an unprecedented period of near-zero interest rates without providing a clear signal on the timing of liftoff.
Treasury Securities Dealers Accused of Collusion in Lawsuit
Bank of America and Goldman Sachs are among 22 financial companies accused of colluding to rig Treasury securities auctions in a lawsuit filed by investors.
Sticker Shock: 71% of Parents Say College Is Too Costly
“College is absolutely necessary but at the same time unaffordable,” says Brian Schwartz, an HSBC financial advisor.
Are We Headed for a ‘Profits Recession?’
"Earnings forecasts have been coming down quite precipitously," S&P Capital IQ's Sam Stovall says, but we're not quite there yet.
JPMorgan’s Kelly: ‘You Gotta Get Invested’
There are high market prices today, but there are also opportunities, JPMorgan's chief global strategist says at Morningstar gathering.
Why Foreign Investors Should Beware of FATCA
Using some foreign entities—like a personal investment company or trust—to invest in the U.S. may leave some foreign investors subject to FATCA reporting—and penalties.
Could 20 Digits Prevent Another Financial Crisis?
SEC Commissioner Kara Stein, a self-described "geek," says a 20-digit code could help stop the financial world from imploding again.
‘Huge, Nasty Morning After’ Coming for Markets: Stockman
The Fed has reflated a bubble, which spells trouble for stock and bonds, former OMB head David Stockman says on CNBC.
The Case for Dividend-Paying Stocks, Now and Later
“While not risk-free ... neither value nor dividend stocks as a group have ever lost money” when held 15 years or longer, says John Buckingham.
Former BofA Exec Sentenced Over Muni Bond Fraud
The 26-month prison sentence is tied to an eight-year scheme that involved 18 people and one corporation, the DOJ says.