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World's five largest companies

For the first time in nearly a decade, the world’s five largest public companies are all American affair These are the Top 5, as of mid-April 2013.

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Morgan Stanley quarterly profit jumps on stock trading

Morgan Stanley reported seeing income rise in all of its businesses. Profit for Morgan Stanley in wealth management jumped 83 percent, while profit from trading and investment banking was six times higher than it was a year earlier.
Stocks little changed on Federal Reserve minutes

Stocks barely reacted to the release of Federal Reserve minutes Wednesday. Major stocks were down just a fraction of a percent more than an hour after the Federal Reserve released a report on its latest policy meeting in June.
Do you need inflation protection?

Investors have an unprecedented array of inflation-protection tools to safeguard their portfolios: from gold and inflation-protected bonds to commodity mutual funds. Choosing how to hedge against inflation depends on your situation and outlook.
Is easy credit coming to Mexico?

Mexico has one of the lowest rates of commercial lending in Latin America. But a series of new bank reforms aims to change that - making borrowing easier and stimulating economic growth.
World's five largest companies

For the first time in nearly a decade, the world’s five largest public companies are all American affair These are the Top 5, as of mid-April 2013.
J.C. Penney borrows $850 million: Is it enough?

J.C. Penney has pulled $850 million from its revolving credit line to be able to pay its vendors, increasingly skittish after J.C. Penney's failed attempts at a turnaround.
Energy Voices Why peak oil demand is already a major problem

Oil demand has to do with how much oil we can afford, Tverberg writes, and many of the developed nations are not able to outbid the developing nations when it comes to the world’s limited oil supply.
Worst lapse in years: Fed probes early release of minutes

More than 100 people received Federal Reserve policy minutes some 24 hours before their scheduled release. Federal Reserve and federal regulators are looking to see if any stocks or other securities were traded based on the information.
Meet the nine richest self-made women

Forbes has released its annual billionaires list, and nestled among the usual suspects were women who have made or helped make their own fortunes, in industries ranging from television to real estate to clothing. These are the nine richest self-made women on Forbes 2013 Billionaires List.
Energy Voices Invest in oil? Or invest in gas?

There are investment opportunities in both, but finding your edge in oil is a lot easier than in natural gas, right now.
Sequester fight: what investors are missing

The stock market is taking the sequester in stride so far. But investors shouldn't be too complacent about the impact of federal spending cuts.
Opinion Jack Lew, John Galt, and American universities

Instead of complaining narrowly about newly confirmed Treasury Secretary Jack Lew’s bloated compensation at NYU, we should demand that all universities release all employee salaries. As tuitions skyrocket, students and parents have the right to know where their dollars are going.
Gay marriage: why corporations are coming out against DOMA

Nearly 300 US companies filed a brief on behalf of the New York woman whose challenge of DOMA has reached the Supreme Court. Why support gay marriage? For one, it's just good business.
JPMorgan cuts 19,000 jobs, calls it a good sign

JPMorgan cuts 15,000 jobs from its troubled mortgage sector, citing healthier home mortgages. The other 4,000 job cuts come from consumer banking.
Why is Wal-Mart worried? Payroll tax could cut consumer spending. (+video)

Recent reports forecast lower spending for this year, anticipating that the restored payroll tax will impact consumers' wallets, especially low-income earners. Wal-Mart is adjusting its strategy.
Five brokers' secrets you should know before trading online

Over 17 million investors with the three largest online brokerages – Schwab, E-trade, and TD Ameritrade – are paying more than $1.8 billion every year on trading fees and brokerage services that most of them don’t need, according to a recent NerdWallet study. Here are five brokerage secrets you should know before trading online:
Stocks rise; S&P 500 just below 5-year high

Stocks rose on Wall Street Friday, but the Standard & Poor's 500 index fell just shy its five-year high. Boeing stock fell after the FAA announced a comprehensive review of Boeing's 787 after a fire and a fuel leak earlier this week.
Jacob Lew: Is 'safe' choice for Treasury also a good choice? (+video)

Jacob Lew is valued by Obama as a Beltway numbers guy able to endure high-stakes budget fights. But some critics worry he won't tackle fast-rising debt. And the Treasury job could demand big duties beyond fiscal strategizing.
Jack Lew expected to lead Treasury (+video)

Jack Lew, President Obama's likely pick for Treasury secretary, will face tricky economic topics in his new role. If confirmed, Lew will be an important player in the president's plans for deficit reduction.
Obama expected to nominate Jack Lew as Treasury secretary

The President's chief of staff has an extensive background in government work that includes running the Office of Management and Budget.
Robert Reich Want to avoid bailouts? Break up the big banks.

It's time to limit the size of banks and break up the biggest ones on Wall Street, Reich writes.
Investors peek over 'fiscal cliff' and find ... blue skies?

Professional investors see plenty of minefields, but many believe a congressional deal will avert the worst of the 'fiscal cliff.' Another plus: Beyond the 'fiscal cliff' is a slowly improving economy.
Full steam ahead? How economy might look if 'cliff' deal is struck. (+video)

If Washington can strike a bargain on the 'fiscal cliff,' some tax hikes and spending cuts would slow the economy. But rising consumer confidence could keep the slow recovery chugging along.
Stocks move higher as budget talks progress

Stocks rose Monday as signs of fiscal cliff progress in Washington made their way to Wall Street. Stock traders paused for a minute of silence at 9:15 a.m. EST to remember those killed in a gunman's rampage through a Connecticut elementary school.
'Fiscal cliff' talks: Could they sink US job market?

The 'fiscal cliff' talks are about more than taxes. How they are resolved could have a significant impact on the US job market, experts say.