The Justice Department says it wasn't the flawed crystal ball on housing but the fragile ratings methodologies that landed S&P in hot water.
Now a senator, Elizabeth Warren is having to make the case for the Consumer Financial Protection Bureau all over again as Republicans challenge its power.
Hedge funds climbed 0.9 percent last month, posting their best gain since September while trailing global equities, as markets rallied in the wake of a U.S...
The CEO of Lincoln National Corp. says intelligent investors are backing variable annuities after Warren Buffett’s Berkshire Hathaway bet on retirement products this week.
Goldman Sachs associate Brian Kuritzky runs the 1,576 steps of New York's iconic skyscraper (twice!), raising $20,000 for the Multiple Myeloma Research Foundation.
Shares of companies with high operating or financial leverage are outperforming the market, as investor sentiment about the economy improves.
Treasurys are the world’s second-worst-performing bonds as investors from Jim Rogers to Wells Capital Management Inc. warn there are probably further losses ahead.
ETNs, derivatives that don't have an annual tax bite, would lose that edge under a proposal from the top Republican tax writer in Congress.
JPMorgan Chase & Co. paid investment bankers and traders about 3 percent less in 2012 as shaky economies in the U.S. and Europe put a damper on deals, said two sources.
The U.S. is seeking as much as $5 billion in penalties from McGraw-Hill Cos. and its Standard & Poor’s unit as punishment for inflated credit ratings.