Wealthy investors are worried about their retirement plans, revealed a new study by consulting firm Spectrem Group. The firm, which specializes in the affluent and retirement markets, found that more than two-thirds of the mass affluent—those with investable assets between $100,000 and $1 million—admit they’re concerned about having enough money set aside for retirement, up […]
If Jim Flaherty was put off by the gallery protest during his budget speech last night, he can rest easy knowing that at least he isn’t the finance minister of Spain.
In another positive sign for the U.S. economy, durable goods orders rose last month, boosted by business investment, despite a reduction in the investment tax credit.
The owners of the New York Mets have reached a deal with Irving Picard, trustee for Bernard Madoff's fraud victims. Mets principal owners, Fred Wilpon and Saul Katz will pay $162 million in a settlement reached Monday, but will make no payments for three years.
The U.S. soldier accused of murdering 16 civilians in Afghanistan has a rather checkered past, as an Ohio stock broker, according to a report on Bloomberg.com.
Early results on Friday indicated that Greek finance minister Evangelos Venizelos has been elected the new leader of PASOK, Greece's Socialist party, and will replace George Papandreou.
U.S. regulators filed civil charges against two managers of tech-focused private equity funds, for misleading investors.
Fitch Ratings is lowering its outlook for the United Kingdom, indicating a ratings downgrade may be coming.
Goldman Sachs is set to pay a $7 million settlement in the face of federal regulators' civil charges that its futures brokerage business failed to diligently supervise activity in trading accounts for two years.
A private research group says that U.S. consumer confidence in February rose dramatically to the highest level since a year ago when the U.S. economy's outlook started to look brighter before souring again.