Finance
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Summers shows interest in Fed chairman nominationJul 12, 2013 5:32 pm - WASHINGTON —Former Treasury Secretary Lawrence Summers is indicating to President Barack Obama’s Wall Street supporters that he wants to become Federal Reserve chairman,...
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Six stocks stand out in a sizzling marketJul 12, 2013 4:40 pm - LOS ANGELES — It’s summertime and the stock market is sizzling. The market reached an all-time high this week, torching its previous record set just before Memorial Day....
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India’s telegram service goes dark after 163 yearsJul 12, 2013 4:18 pm - NEW DELHI — For 163 years, lives across the vast Indian nation have been upended by the knock of the khaki-clad postal worker armed with a telegram. Families used them t...
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Wells Fargo Q2 profit rises 20%Jul 12, 2013 10:36 am - Wells Fargo, the biggest U.S. mortgage lender, said Friday its second-quarter profit surged 20 percent as it cut expenses. Net income rose to $5.27 billion from $4.40 b...
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JPMorgan’s second-quarter profit surgesJul 12, 2013 10:36 am - NEW YORK — JPMorgan Chase, the biggest U.S. bank, says its second-quarter earnings surged from a year ago as profits from investment banking grew. The bank made $6.1 bil...
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Mid-year mutual fund review: Bond funds sinkJun 30, 2013 7:33 am - NEW YORK — Brace yourself. If you have money in a bond mutual fund, you’re likely to feel some pain when you open your mid-year account statement. After years of steady...
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6 ways to instill money management skills in teensJun 30, 2013 7:27 am - Your teenage kids may be old enough to get a part-time job and start taking college prep exams, but do they know how to manage their money? Parents can get their teens ...
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A Bernanke exit might complicate Fed’s pullbackJun 30, 2013 7:12 am - WASHINGTON — The Federal Reserve expects to start slowing its bond-buying program this year just before it might need to manage another major transition that could spook...
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Post-recession, higher education paths divergeJun 30, 2013 7:05 am - CHONGQING, China — Determined to learn their way out of the Great Recession — or eager to rise above the deprivation of developing lands — unprecedented millions of peop...
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Wet spring won’t affect predicted corn cropJun 28, 2013 7:01 pm - DES MOINES, Iowa — The U.S. Department of Agriculture shocked farmers, grain analysts and market traders Friday with a report that shows no reduction in the number of ac...