Stocks closed broadly higher Wednesday after Portugal’s government had no trouble in tapping global debt markets, helping ease European debt fears. The euro gained at the dollar’s expense, which lifted a broad basket of commodi…
Unless you’re ultra-wealthy or willing to chance the vagaries of the secondary markets, you can’t invest yet in hot social networking companies like Facebook, Zynga or Groupon. But soon there may be an alternative: a new fund c…
On Oct. 20, New York courts ordered attorneys for foreclosing banks to swear they’d personally confirmed that their documents are true and accurate. But a Brooklyn judge has taken things a step further. Since the banks aren’t c…
Leading the new pack of bulls who forecast a big leap in the U.S. economy and the stock market are the economists and analysts at Goldman Sachs. And they’ve a compiled a large batch of their “best-idea” stocks that they’re conv…
Standard & Poor’s is revamping its credit rating methodology for banks and financial institutions in a way that may cause about 40% of rated banks to get a downgrade, The Wall Street Journal reported Tuesday.
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