Filings with the Securities and Exchange Commission revealed recent investment decisions made by Berkshire Hathaway, the investment group led by Warren Buffett. In addition to buying and selling stocks in its $85 billion U.S. stock portfolio, the company owns 80 other companies, some of which account for more than half its income.
A US judge ruled that Argentina must pay all bond holders from its decade-old debt restructuring, including 'vulture funds' that refused to accept previous restructured deals.
Foreign currency trading earned Mellon $2 billion extra by defrauding clients, New York attorney general charges. Mellon says state misunderstands bank's role in foreign currency trading.
The stock market has taken investors on a wild ride. After plunging Thursday, the Dow Jones swung through a 416-point range Friday before finishing up almost 61. One reason for the behavior is investor fear.
Foreclosures come into the spotlight in New York after a fire at one of those foreclosures claims three victims. State senator says banks that own properties aren't maintaining them.
After Standard & Poor's downgraded its outlook on US debt Monday and sent stocks downward, stocks rose on Tuesday, with the Dow gaining about 65 points