7 Types of ‘Insurance’ That Are a Waste of Money
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After Market: Good News at Home Outweighs Foreign Dramas
The uncertainty in Iraq after insurgents took control of the northern part of the country and worries about Ukraine put Wall Street traders in a cautious mood Monday. But an uptick in industrial production an...
Lawsuit: Investors Harmed in Empire State Building IPO
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NEW YORK -- Investors in the Empire State Building have filed a lawsuit accusing the real estate magnates who took it public of short-changing them $300 million by refusing to sell the...
Top Executives at Bailed-Out Firms Have Pay Cut
WASHINGTON (AP) -- Top executives at three companies bailed out by U.S. taxpayers during the 2008 financial crisis were ordered to take pay cuts by the federal government.
The Treasury Department says nearly...
Investing 101: What Is an ETF?
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How Did ‘Sell in May and Go Away’ Work This Summer?
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Is there any validity to the strategy of selling in May and going away? More importantly, how would following this old saying have affected your portfolio this year?
The saying originated as ...
Goldman Makes Another Great Deal — for Goldman, of Course
Goldman Sachs (GS) sure knows how to make a deal. Rumors had it that Goldman would have to shell out between $1 billion and $5 billion to settle Securities and Exchange Commission civil fraud charges over its A...
Market Wrap: Wall Street Ends Lower on Weak Trade Data
Richard Drew/AP
NEW YORK -- U.S. stocks finished sharply lower Tuesday after a surprisingly wide March U.S. trade deficit raised concerns that the economy shrank in the first quarter.
The $51.4 billion Mar...
AIG Raises $37 Billion to Repay U.S. Government
Eager to show taxpayers it intends to deliver and repay the $182.3 billion bailout it received during the financial crisis, insurance giant American International Group (AIG) announced that it has raised nearly...
Market Wrap: Stocks Up 4th Session in a Row as Energy Gains
Mark Lennihan/AP
NEW YORK -- Wall Street gained for a fourth straight session Tuesday, its longest winning streak since January, buoyed by the energy sector as oil prices rebounded from early declines.
Oil...
Election Day 2012: Stocks Rise as Investors Wait for a Winner
NEW YORK (AP) - Major stock-market indexes climbed Tuesday as investors waited for the finish of a closely fought U.S. presidential election.
"We're on pins and needles," said Phil Orlando, chief equity stra...
After Market: Dow Sets a Record, but Troubles at Tesla Drag Down Nasdaq
The Dow jumped to another record high Wednesday, but the Nasdaq was pulled down mostly by one stock.
The Dow industrials (^DJI) rallied 128 points to 15,747, topping the all-time high set last week. The S&am...
5 Reasons to Play the Dave & Buster’s IPO
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The next hot restaurant initial public offering could be a company that wouldn't mind playing games with you. Dave & Buster's -- the chain of gargantuan restau...
Economy Stalls in 1Q as Weather, Lower Energy Prices Bite
Gene J. Puskar/AP
WASHINGTON -- U.S. economic growth braked more sharply than expected in the first quarter as harsh weather dampened consumer spending and energy companies struggling with low prices slashe...