Financial Markets

Long shutdown could hurt economy, a short one just 'a blip'

Jan 20, 2018

Economists say a lengthy government shutdown could hurt economy, but a short one would be just 'a blip'

Puerto Rico finances under scrutiny amid plea for help

Jan 19, 2018

Top financial officials in Puerto Rico offered a peek Friday into why the U.S. territory is mired in an 11-year recession as a federal control board demanded more transparency and information about the island's finances

Stocks rise despite looming US government closure

Jan 19, 2018

Modest gains for world shares as US government closure looms, dollar retreats

Financial Services

Long shutdown could hurt economy, a short one just 'a blip'

Jan 20, 2018

Economists say a lengthy government shutdown could hurt economy, but a short one would be just 'a blip'

American Express posts $1.2 billion loss due to new tax law

Jan 18, 2018

Credit card company American Express posts $1.2 billion loss in the fourth quarter, as the company booked large one-time charges related to the new tax law

Morgan Stanley's profits fall 59 percent due to tax bill

Jan 18, 2018

Morgan Stanley's earnings fell 59 percent in the fourth quarter as the investment bank had to book $990 million in charges related to the new tax law.

Investment Management

Long shutdown could hurt economy, a short one just 'a blip'

Jan 20, 2018

Economists say a lengthy government shutdown could hurt economy, but a short one would be just 'a blip'

Fund manager Q&A: What to expect from muni bonds in 2018

Jan 11, 2018

Peter Hayes, head of the municipal group at BlackRock, recently talked about what investors can expect in 2018

A fantastic year for fund investors: Everyone's a winner

Jan 4, 2018

Nearly every fund made money over the course of 2017, which turned out to be one of the most enjoyable years ever for investors as improvements in corporate profits and economies around the world lifted markets

International Investing

Despite age and doubters, bull market looks to keep running

Dec 21, 2017

Much of Wall Street is forecasting another year of gains in 2018, even as warning signals rise that the end may be nearing for one of the greatest bull markets in history

Saudi Arabia plans to build futuristic city for innovators

Oct 24, 2017

Saudi Arabia unveils groundbreaking plan to build the world's most futuristic city run entirely on alternative sources of energy

Canadian mining company not suspending investments in Greece

Sep 21, 2017

A Canadian mining company that is one of Greece's largest foreign investors says it will not suspend operations in the country as it had threatened to do earlier this month

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