Global Confidence Fell in March as Economies Crumbled

Confidence in the world economy waned in March as the recession proved deeper than forecast and the U.S. mounted new rescues of financial institutions, […]

Missing billionaire found in Virginia

Federal agents have located financier Robert Allen Stanford and served him with papers accusing him and three of his companies of orchestrating a $9.2 […]

IOOF, Australian Wealth’s Managed Funds Decline

IOOF Holdings Ltd. and Australian Wealth Management Ltd., the asset managers that agreed to merge last year, said funds under management plunged as financial […]

Investment advisers: The good, bad and ugly

For almost 20 years, I’ve had the same investment adviser.
She and I don’t always agree. That’s why I like her.
Earlier this year, I asked her […]

China Minister Xie Leaves Peru Early to Fix Economy

China's Finance Minister Xie Xuren was called back from an international economic conference in Peru before the meeting began, following orders from Beijing to […]

Common sense savings tips are back in vogue

Suddenly, I am a cool guy.
Savings habits I have preached and practiced for years — and the realization that avoiding waste is being […]

Fed offers unlimited support

The Federal Reserve announced Monday it will offer an unlimited amount of dollars to three other central banks in an unprecedented move to provide […]

Asia greases money markets, AIG deal fails to soothe

Japan, Australia and India pumped $33 billion into money markets on Wednesday as a U.S. government bailout of insurer AIG did little to ease […]

Ospraie fund to close after August hit

Hedge fund manager Ospraie Management LLC will close its flagship fund after it plunged 27 percent in August on losses in energy, mining and […]

Obama beats McCain in Arizona fundraising in June

In June 2008, Democrat Barack Obama raised more money than Republican John McCain in McCain's home state of Arizona.
Obama raised $432,000 compared […]