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Financial services

  • Warren Buffett, Charlie Munger

    Buffett: Stocks still reasonable but bonds awful

    Investor Warren Buffett said even though the stock market is soaring, prices appear reasonable, and stocks would be a better investment than bonds for ... 

  • Ahead of the Bell: Reports detail BMC buyout

    Shares of BMC Software climbed before the opening bell on new reports that a team of private equity firms may attempt to buy the information ... 

  • Warren Buffett

    Berkshire Hathaway's earnings jump 51 percent

    Berkshire Hathaway's first-quarter profit jumped 51 percent as its insurance companies performed well and the value of its investments soared. 

  • Frank Masiello

    Stocks surge to new highs after hiring climbs

    Optimism about the economy swept through the stock market Friday, pushing two widely watched indexes past major milestones. After weeks of mixed ... 

  • BNP Paribas sees Q1 earnings tumble

    French bank BNP Paribas said Friday its earnings slumped 45 percent in the first quarter amid a steep drop in corporate and investment banking as ... 

  • Asia stocks rise on US jobs data

    Asian stock markets rose Friday, finding renewed strength from a fall in U.S. jobless benefit claims and an interest rate cut by the European Central ... 

  • US economic reports hold out hope for hiring gains

    Fewer Americans are losing their jobs. Employers are struggling to squeeze more work from their staffs. The U.S. is producing so much oil that imports ... 

  • Oil jumps more than 3 percent, natural gas drops

    The price of oil rose more than 3 percent Thursday as the European Central Bank cut its key interest rate to a new low and U.S. unemployment claims ... 

  • Mario Draghi

    ECB cuts benchmark interest rate to 0.5 percent

    The European Central Bank cut its key interest rate to a record low 0.50 percent Thursday and announced other measures to spur lending and help lift ... 

  • Reactions to European Central Bank rate cut

    The European Central Bank, which sets monetary policy for the 17 European Union countries that use the euro, cut its main interest rate by a quarter ... 

  • US trade deficit falls to $38.8 billion in March

    The U.S. trade deficit narrowed in March for a second month as the daily flow of imported crude oil dropped to the lowest level in 17 years. 

  • Oil trades above $91, recovering from big drop

    The price of oil made gains above $91 per barrel Thursday, rebounding from a steep drop, as the European Central Bank cut its key interest rate to a ... 

  • Thomnas Facchine

    Asia stocks down on US, China economic fears

    Asian stock markets fell Thursday after U.S. and Chinese data pointed to slower growth in the world's two biggest economies. Analysts are concerned ... 

  • Fed keeps stimulus, says taxes and cuts have hurt

    The Federal Reserve cautioned America's political leaders Wednesday that their policies are hurting the economy. The Fed stood by its aggressive ... 

  • Visa card use up but 2Q profit slips nearly 2 pct

    Visa Inc. said Wednesday that its net income slipped nearly 2 percent in the first three months of this year from the year before, when the company ... 

  • Barack Obama, Mel Watt, Tom Wheeler

    Congressman, former lobbyist get housing, FCC nods

    President Barack Obama acted Wednesday to fill two top regulatory posts, tapping a veteran Democratic congressman to lead the Federal Housing Finance ... 

  • Medicaid improved mental health for uninsured

    If you're uninsured, getting on Medicaid clearly improves your mental health, but it doesn't seem to make much difference in physical conditions such ... 

  • ECB weighs rate cut as eurozone economy struggles

    Economists say the European Central Bank could cut interest rates as soon as Thursday because of fears that the euro area's economy isn't recovering ... 

  • Ben Bernanke

    No policy changes are expected as Fed ends meeting

    The Federal Reserve is widely expected Wednesday to stick with its aggressive efforts to strengthen a still-subpar economy. The Fed will likely end ... 

  • UBS posts $1 billion net profit in first quarter

    A first-quarter net profit of $1 billion thanks to strong investment banking and wealth management sent shares in Swiss bank UBS AG surging up well ... 

  • Aetna 1Q profit slips 4 pct, boosts 2013 forecast

    Aetna's first-quarter net income fell 4 percent as acquisition-related costs and rising health care expenses more than offset government business ... 

  • NYSE Euronext Q1 profit up on lower costs

    NYSE Euronext says its net profit jumped 45 percent in the first quarter thanks to lower merger expenses compared to a year earlier. The owner of the ... 

  • Gordon Charlop

    Asia stocks up after S&P hits record; Nikkei slips

    Asian stock markets rose Tuesday, brushing off tepid Japanese manufacturing data after the Standard & Poor's 500 index closed at another all-time high 

  • US loans from China at issue in debt-ceiling fight

    Despite what you may have heard, China isn't the country's biggest creditor. America is. The bulk of the national debt — soon to exceed a staggering ... 

  • German inflation down, door open for ECB rate cut

    The European Central Bank has a freer hand to cut its key interest rate now that official figures show German inflation dropped to an annual 1. 

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