Staff of the U.S. Securities and Exchange Commission have met with the Internal Revenue Service to discuss tax implications if money-market mutual funds were to adopt a floating share price.
Hedge-fund investors are returning to Europe after concluding that the sovereign debt crisis has eased enough for traders to make money in the region again.
Prudential Financial Inc. said Wall Street should appreciate the fees the life insurer makes on the retirement products, even as some competitors cut sales to reduce risk.
Laszlo Birinyi, one of the first money managers to tell clients to buy before the bull market began in March 2009, said investors should buy commodity and technology shares as the rally enters its...
The Dow Jones Industrial Average rose to its highest level ever, erasing losses from the financial crisis after a four-year rally fueled by the fastest profit growth since the 1990s and monetary...
