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September 21, 2015

Mutual Funds

Getty Images The ingenuity of the securities industry is truly remarkable. Players in it seem to have a special expertise for creating a seemingly endless supply of complex investment vehicles. Almost all of ...

Pizza and Pasta IPOs Aren’t Making Investors Much Dough

September 21, 2015

Ipos

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When Should You Choose Active Over Passive Mutual Funds?

September 18, 2015

Mutual Funds

Alamy These days, investors hear fewer financial advisers promise they have the stock-picking chops to "beat the market." With memories of 2008 still fresh in people's minds, many advisers, as well as indiv...

Berkshire Hathaway Buying Precision Castparts for $32 Billion

September 14, 2015

Lacy O'Toole, CNBC/NBCU Photo Bank via Getty ImagesBillionaire investor Warren Buffett OMAHA, Neb. -- Warren Buffett is making the biggest bet of his long investment career, a $32.36 billion buyout of Preci...

Market Wrap: Wall Street Ends Flat as Commodities Weigh

September 13, 2015

Ipos

Louis Lanzano/Bloomberg via Getty ImagesThe PayPal IPO is displayed Monday at the Nasdaq MarketSite in New Tork. NEW YORK -- Wall Street finished little changed on Monday as a better-than-expected start to ...

5 Reasons Investopedia is Dead Wrong About Index Funds

September 11, 2015

Index Funds

Richard Drew/AP When popular financial sites like Investopedia start bashing index funds, you know the gig is almost up for active management. For years, investors have been bamboozled by fund managers who cl...

AIG Chairman Resigns as Executive Suites Become More Troubled

September 9, 2015

Harvey Golub, a former head of American Express (AXP) and highly regarded public company board member, has resigned as AIG (AIG) chairman. There have been rumors for over a week that he has clashed with AIG CEO...

Market Wrap: Nasdaq Gains Again; S&P, Dow Slip with Energy

September 9, 2015

Richard Drew/AP NEW YORK -- The Nasdaq ended higher Monday for a ninth straight day following gains in Apple, while the Dow and S&P 500 eased off recent record highs as lower oil prices dragged down ene...

Rebates From Obamacare to Top $1 Billion: Report

September 8, 2015

WASHINGTON (AP) - More than 3 million health insurance policyholders and thousands of employers will share $1.3 billion in rebates this year, thanks to President Barack Obama's health care law, a nonpartisan re...

AIA Hong Kong IPO Soars 17% — an AIG Win

September 7, 2015

Back in June, the board of American International Group (AIG) rejected a reduced bid by Prudential (PUK) for AIA, the Asian life insurance unit of the troubled U.S. company. Prudential's initial offer was $35.5...

TARP Draws to a Close Next Week, With Lower Costs Than Thought

September 7, 2015

After countless angry political speeches and the threat of economic collapse, the government's $700 billion bailout of banks, insurance companies and auto companies draws to a close Sunday - and it will likely ...

Market Wrap: Stocks End Stronger After Volatile Session

September 7, 2015

Seth Wenig/AP NEW YORK -- U.S. stocks ended higher after a choppy session Tuesday, as a rebound in U.S. oil prices helped offset concerns about a slowdown in China and the Greek debt crisis. The S&P en...

Gas Prices Edge Up as Summer Driving Season Begins

September 4, 2015