Van Eck Global has launched a high-yield municipal bond exchange traded fund, the Market Vectors High-Yield Municipal Fund (HYD).
Two members of the Securities and Exchange Commission today called for harmonizing regulations of broker-dealers and investment advisers.
The United States shed 598,000 jobs in January and the unemployment rate rose to 7.6% from 7.2%.
Pimco today launched a global bond mutual fund, the Pimco Global Advantage Strategy Bond Fund (PSAIX).
The ICCR has compiled “climate-risk profiles” on more than 150 companies that are the subjects of 2009 shareholder resolutions.
President Obama revealed major compensation reforms today that will limit significantly the pay of executives at companies receiving federal bailout money.
Hedge funds appear to be moving back into positive territory after wrapping up one of the industry’s worst years on record.
New orders for manufactured goods fell 3.9% in December, marking the fifth consecutive month of declines.
Wachovia Securities reached a settlement with the SEC in which it agreed to pay investors more than $7 billion to buy back failed auction rate securities.
New claims for jobless benefits rose to a 26-year high last week, signaling that the U.S. economy remains stuck in a deep recession.
