Travelers Earnings Slip and Guidance Is Lowered
Travelers Cos. (TRV) reported second-quarter earnings of $1.35 per diluted share, or $670 million. Earnings for the second quarter of 2009 were $1.27 per share, or $690 million. The company has bought back 106 ...
ETF Lessons From the May 6 Flash Crash
The "flash crash" of May 6 was a day of reckoning of sorts for investors in exchange-traded funds.
"ETFs are relatively new, and not as simple and straightforward as we have been lulled to believe," says Rose...
Extended Slump in Oil Taking Toll on Industry, Economy
Spencer Platt/Getty ImagesAn oil refinery in Big Springs, Texas. As crude oil prices have fallen globally, many American communities that became dependent on oil revenue are preparing for hard times.
NEW YO...
Caring for Aging Parents Will Cost Boomers $3 Trillion
You would probably do anything for your mom and dad, but the cost of caring for them in their old age can be crippling.
According to the just-released , the nearly 10 million Americans who are providing care f...
Market Wrap: Tech, Energy Lead Wall Street Higher
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NEW YORK -- Big tech and energy sector gains drove U.S. stocks higher Tuesday, as an index of 100 major Nasdaq companies finished at a record closing high.
The three major indexe...
Government Close to Announcing AIG Exit Strategy
The government is close to announcing its plans to end the bailout of American International Group (AIG), returning the company to independence and recovering taxpayer funds.
The Treasury is planning to begin...
Do You Own the Worst Investment in the Stock Market?
Alamy
Though the hucksters and charlatans of Wall Street will argue the point, there is no such thing as a guaranteed winner when it comes to the stock market. However, some of the most popular exchange-trade...
Investors: Researching Stocks Is a Total Waste of Your Time
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There are a lot of myths about investing. They all share these common traits:
On the surface, they make sense.
They're fairly easy to implement.
They give you a sense you are doing something pos...
Week’s Winners and Losers: Netflix Hikes, Sirius Spikes
Frederick M. Brown/Getty ImagesNetflix executive Todd Yellin speaks last July at the Netflix portion of the 2015 Summer TCA Tour in Beverly Hills, Calif.
There were plenty of winners and losers this week, wit...
Market Wrap: Tech Stocks Lead Indexes Fall From Records
Richard Drew/AP
NEW YORK -- U.S. stocks finished lower Tuesday, a day after the S&P and Dow hit records, and the Nasdaq retreated along with technology stocks.
Soft auto sales numbers and Iran commenta...
Forecast Calls for Lower Heating Bills This Winter
Robert F. Bukaty/AP
PORTLAND, Maine -- Heating bills should drop this winter for most U.S. households thanks to a combination of lower energy prices and warmer weather across most of the country, the U.S. E...
Market Wrap: Wall Street Edges Lower as Energy Weighs
Spencer Platt/Getty Images
NEW YORK -- U.S. stocks edged lower Wednesday following comments from Federal Reserve Chair Janet Yellen, as a decline in energy shares outweighed gains in the financial sector in...
The Simple Secret to Steady(ish) Portfolio Gains
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Before stocks fell sharply in October (sliding almost 6 percent between the 1st and 15th), a small but presumably happy group of investors were on a serious winning streak.
By the end of the ...