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Updated: 2 hours 46 min ago

Wall Street bonuses, staff levels to rise in 2013: consultant

May 17, 2013 - 12:16pm
Wall Street bonuses and staff levels are expected to rise this year as trading and dealmaking activity pick up, according to a closely watched report released on Friday by a compensation consulting firm. ...

Jim Rogers: Gold Correction Long Overdue, Continuing

May 17, 2013 - 12:12pm

Gold was up 12 years in a row without a down year -- that’s extremely unusual, says Jim Rogers, famed investor and Streets Smart author.


Rising Stocks: A “Fake Rally” or Just Supply & Demand?

May 17, 2013 - 12:05pm

"You're getting actually a shortage of stocks and too much liquidity not just from the Federal Reserve but all over the planet right now," says Jeff Saut of Raymond James.


May Consumer Sentiment Rises to Highest in Nearly Six Years

May 17, 2013 - 11:51am

Consumer sentiment rebounded in early May to the highest level in nearly six years as Americans felt better about their financial and economic prospects.


Fed tells Bank of Montreal to fight money laundering harder

May 17, 2013 - 11:46am
The U.S. Federal Reserve Board said it has told Bank of Montreal to step up efforts to detect and prevent money laundering at the Canadian bank's Chicago branch. The warning puts Bank of Montreal in a ...

Payout official set for surge in BP spill claims

May 17, 2013 - 11:46am

The deadline for claims against BP Plc in connection with the 2010 Gulf of Mexico oil spill is 11 months away, but the man responsible for paying the claims said on Thursday he is already bracing for a ...


Satomi Kawakita Jewelry: Turning Passion Into Profits

May 17, 2013 - 11:44am

Working out of her studio in New York, diamond setter Kawakita creates delicate, one-of-a-kind jewelry.


Bankers see M&A recovery after deals drop 7 percent so far in 2013

May 17, 2013 - 11:26am

A drop in European takeovers has depressed global merger and acquisitions activity so far this year, but bankers see activity picking up as a rally in stocks and bonds helps compensate for a prolonged ...


JCPenney Remains a Disaster, Stay Short the Stock: Davidowitz

May 17, 2013 - 11:03am

“This was a company that years ago was doing $20 billion in sales,” says retail turnaround specialist Howard Davidowitz. “Now the company is doing $12 billion with more stores.”


GM stock tops 2010 IPO price

May 17, 2013 - 10:52am

General Motors Co shares on Friday topped their 2010 initial public offering price, which will help the automaker's largest shareholder, the U.S. Treasury, pare its losses. GM shares broke above $33.00, ...


Risks for Cyprus are 'unusually high', adoption of austerity plan imperative: IMF

May 17, 2013 - 10:25am

The IMF said on Friday that risks for Cyprus were "unusually high" given its weak banking sector and economy and the island's full adoption of an economic austerity plan was imperative. The island's ...


Give the Market the Benefit of the Doubt: Barry Ritholtz

May 17, 2013 - 10:10am

Whether you believe in this rally or not, don’t fight it, says Barry Ritholtz, the CEO of Fusion IQ and author of “The Big Picture” blog.


Will Facebook Surpass Its IPO Price?

May 17, 2013 - 9:18am

Tomorrow marks the first anniversary of the Facebook IPO. Shares have yet to reach their original offering price of $38 each. Will they climb past that point in the year ahead?


After Google, Amazon to be grilled on UK tax presence

May 17, 2013 - 9:17am

Internet retailer Amazon.com Inc. will be called back to the British parliament to clarify how its activities in the UK justify its low corporate income tax bill, two lawmakers told Reuters. Amazon will ...


Will Gold’s Tumble Continue?

May 17, 2013 - 8:56am

"Why would anybody buy gold except for fear?" asks Don Hays, the founder and chief investment strategist at Hays Advisory Group.


Rivals get longer to comment on Google EU antitrust offer: source

May 17, 2013 - 8:55am

EU antitrust regulators have given some of Google's rivals more time to study its proposals to settle anti-competitive complaints, which could provide more leverage to pry further concessions from the ...


Penitent Romanian Hacker Aims to Protect World's ATMs

May 17, 2013 - 8:53am

Valentin Boanta, sitting in his jail cell, proudly explains the device he has invented which, he says, could make the world's ATMs impregnable even to tech-savvy criminals like himself. Boanta, 33, is ...


Live Now: JCP and DELL Disasters; Facebook IPO Anniversary

May 17, 2013 - 8:32am

Join Hot Stock Minute live now for the latest premarket news and which stocks to watch before the bell.


ECB to Keep Monetary Policy Loose for as Long as Needed

May 17, 2013 - 8:06am

The European Central Bank will keep its loose and growth-supportive monetary policy stance in place for "quite a long time", ECB executive board members said on Friday.


Mine the Gap: Analysts’ Love for the Retailer Only Grows

May 17, 2013 - 8:02am

Wall Street has been admiring the turnaround at Gap for some time, repeatedly showering the clothing retailer with praise over its operations and prospects.