Investing

JPMorgan Profit Hit by Madoff, Weaker Investment Banking

JPMorgan Chase & Co. reported its fourth-quarter profit fell 7.3 percent, hurt by weakened investment banking revenue and...

[family Christmas shopping]

U.S. Retail Sales Climbed More Than Forecast in December

Retail sales rose more than forecast in December as consumers enticed by year-end discounting stepped up holiday gift...

[piggy bank with a downward trending tail]

S&P 500 Has Worst Day Since November

Investors expressed concern over valuations, sending the S&P 500 to its biggest daily loss since November.

DJ on the radio

Eagle Publishing Becomes Part of Salem Communications’ Multi-Media Empire

Salem Communications Corporation (NASDAQ: SALM) announced the acquisition of the assets of Eagle Publishing, including business units Eagle...

Federal Reserve Building

Federal Reserve Probing Banks for Possible Forex Fixing

The Federal Reserve is investigating whether traders at the world’s biggest banks rigged benchmark currency rates, raising the...

[Marriner S. Eccles Federal Reserve Board Building]

Stocks Rise on Weak Jobs Numbers

Today's disappointing jobs numbers led to hope for the markets, as investors speculate that the poor data could...

Chinese Flag in Shape of China

Beware: China December Export Growth Slows Significantly

Investors should take note of China's slowing growth in December exports.

[unhappy Christmas shopper]

Sears and Kmart Get Lump of Coal for Christmas

Sears Holdings Corp (SHLD) reported that comparable store sales during the holiday season at its Kmart and Sears...

bank sign

Another $50 Billion Coming Due in Mortgage Scandal Fines

If you asked the executives at Bank of America, Morgan Stanley, Goldman Sachs, Royal Bank of Scotland, Citibank...

[waiting]

Stocks Make Small Gain ahead of Jobs Numbers

Retailers slumped today, though stocks remained little changed, managing only a small increase today as investors wait for...