As Congress considers limiting the Federal Reserve's regulatory authority to just the country's largest bank holding companies, Fed Chairman Ben Bernanke reiterated on Saturday that the central bank should retain power over banks of all sizes.
If there were a tournament for smartphone companies like the March Madness men's college basketball championship, Nokia, Apple, BlackBerry maker Research in Motion and Motorola would likely be the top seeds.
Long-term Treasury markets inched up slightly Wednesday, a day after the Fed's announcement on interest rates. Fed policymakers revealed no surprises when they said they'll continue to keep the federal funds rate near 0% for an extended period.
The dollar slipped versus the yen and the pound but rose against the euro Wednesday after the Bank of Japan and the Federal Reserve each left interest rates unchanged near zero.
U.S. debt prices rose slightly, but overall, trading was slow in the Treasury market Tuesday both before and after the Fed's announcement on interest rates.
A few days ago, I watched one of California's top high school economics teachers lead a class in a discussion of the differences between the earthquakes in Haiti and Chile. I'm applying for my own teaching credential and was there observing.
Ford is back. The automaker recently reported its first annual profit in four years; sales are improving; and investors have pushed up its stock 550% in the past year.
The S&P 500 and Nasdaq are up for the year after a rough stretch from mid-January to early February. The Dow had joined them earlier Wednesday before pulling back.
As the 10th anniversary of the bursting of the tech bubble is upon us, you've probably read a slew of stories about what an awful decade this has been for stocks.
Vanguard Wellington is a throwback. Before mutual funds became specialized, so-called balanced funds like this -- which invests in both stocks and bonds -- were core holdings you could feel comfortable putting most of your money into.