Maybe individual investors can’t fix the broad regulatory breakdown that has allowed financial frauds to occur, like dodgy mortgage-backed securities and Bernie Madoff’s pyramid scheme. But they can take steps to protect themselves against unscrupulous financial advisers. Knowledge is the best weapon. The more investors know, the less likely they are to be taken advantage of by a dishonest broker. Here are four ways you can ensure your broker is following the rules:
Richard Bernstein, a Wall Street veteran, thinks that Chinese stocks should be avoided and Europe might surprise us. Should we be listening?
With all the talk of debt and unemployment in the US, the US-China economic meeting this week seems to suggest an America in eclipse. The truth, however, is more complex.
Standard and Poor's cut its outlook for long-term US credit on Monday, sending US stocks downward
Tech stocks got a mild boost from Texas Instruments' bid for National Semiconductor. While tech stocks edged up, however, the Dow and S&P fell slightly.
The US stock market gained for the week, with the Dow up 3 percent. Investors are regaining confidence in stocks despite developments in Japan, Libya, and Europe.
Stocks fall in US with Dow and S&P 500 dropping about half a percentage point. But drop in stock prices bigger in Europe and much larger in Japan.
Stock market falls with Dow dropping more than 100 points in wake of concerns about Japan earthquake. Stock prices in Japan fall more than 6 percent.
Dow Jones falls 88 points after falling nearly 180 points. Stocks on S&P and Nasdaq also pare losses at the close.