Nearly half of US mutual fund assets are invested in European banks, some of which face big losses in case of a Greek default. Banks could see their ratings downgraded after a Greek default.
Prepaid cards are fastest-growing method of payment. American Express is first large financial company to offer prepaid cards.
The Dow fell about 25 points, after rising and falling throughout the session. A positive call on commodities by Goldman Sachs drove up the price of oil and metals.
The failure of a mutual fund or investment house is usually covered by an insurance fund. Here's what to look for.
Rep. Barney Frank, speaking at a Monitor-sponsored breakfast Friday, does not expect the rebound to be visible to voters in time for November’s midterm elections.