Investment

Budget Battles

  • Wall Street Watching Spain, Bernanke and Jobs

    By Rodrigo Campos, Reuters

    Wall Street will open October with a busy week, highlighted by low expectations for global manufacturing data and the U.S. jobs report, but that could set the stage for positive surprises that help...

  • BofA Agrees to Pay $2.43B in Merrill Lynch Lawsuit

    By MARTHA GRAYBOW and RICK ROTHAKER, Reuters

    Bank of America agreed on Friday to pay $2.43 billion to settle a shareholder lawsuit over its 2008 buyout of Merrill Lynch in one of the largest-ever settlements of a securities fraud class action.

  • Can RIM’s BlackBerry Dial Up a Comeback?

    By Suzanne McGee, The Fiscal Times

    Research in Motion (RIMM) is broken and bleeding, but the carnage isn’t quite as bad as expected. RIM’s fiscal second-quarter loss wasn’t nearly as bad as analysts had forecast, but it would be...

  • Student Loans: 1 in 5 Households in Debt

    By Sheryl Nance Nash, The Fiscal Times

    In just five years, the country’s student loan burden has gone from bad to worse. Last year, outstanding student loan debt surpassed $1 trillion, and according to a new report out today from the Pew...

  • Durable Goods Orders Dropped 13.2 Percent

    By Reuters

    New orders for long-lasting U.S. manufactured goods in August fell by the most in 3-1/2 years, pointing to a sharp slowdown in factory activity even as a gauge of planned business spending rebounded...