Business » Finance

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US Bank Earnings Rose 7.3 Percent in April-June Quarter

By Marcy Gordon | Sep 4
U.S. banks' earnings jumped 7.3 percent in the April-June period from a year earlier as revenues increased and the volume of soured loans banks had to write off fell to the lowest level since before the financial crisis.

A Q&A with Wall Street's Top Psychiatrist on Market Turmoil

By Matthew Craft | Sep 3
When it seems like the stock market has lost its mind, big banks and investment firms often turn to one particular psychiatrist: Richard Peterson, CEO of MarketPsych, a firm that applies research from behavioral science to financial markets.

Pat Robertson: Gay Marriage Will Cause Stock Market to Crash

Sep 2
After years of predicting that same-sex marriage would undoubtably lead to polygamy, incest, child molestation and bestiality, televangelist has now added financial ruin into the mix.

You Can't Control Much, But You Can Control Investment Fees

By Stan Choe | Sep 2
Although you can't control what happens in Shanghai -- or the fact that troubles in China can drag down stocks here by 10 percent in just over a week -- you do have control over one crucial factor affecting your portfolio: how much you pay in expenses.

Investors are Fleeing Once-Popular Emerging Markets

By Bernard Condon, Matthew Craft | Sep 2
If you think investors in U.S. stocks have had it rough, consider the hapless folks who followed Wall Street's advice to buy emerging-market stocks.

Average US Rate on 30-Year Mortgage Drops to 3.84 Pct

Sep 1
Average long-term U.S. mortgage rates dropped this week to their lowest levels since May, in a week marked by turmoil in global markets that was stoked by economic developments in China.

Key Factors to Consider on Interest-Only Mortgages

By Alex Veiga | Aug 28
The loans can lower monthly mortgage payments by letting borrowers put off paying the principal on their loan for several years. When the interest-only period ends, the borrower's monthly payment spikes.

Stay the Course: Fund Managers Hold Steady as Markets Tumble

By Stan Choe | Aug 27
When markets around the world started falling last week, the first reaction of stock-fund manager Craig Hodges was to do nothing. It wasn't until Monday morning, as the Dow Jones industrial average plummeted when Hodges was ready to make a move.

Wall Street's Wild Ride

Aug 26
David Nelson, Chief Strategist at Belpointe Asset Management, discuss what's happening in the financial markets.

Q&A: What a Stock Market 'Correction' Means to You

Aug 26
The stock market's steep decline this month has pushed the Dow Jones industrial average, the Standard & Poor's 500 index and the Nasdaq composite into what is known as "correction" territory.

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