Unemployed face tough competition: underemployed

The job market is even worse than the 9.1 percent unemployment rate suggests.
America’s 14 million unemployed aren’t competing just with each other. They must also […]

Australia’s Fairfax Media posts $408 million loss

Fairfax Media Ltd., publisher of hundreds of newspapers in Australia and New Zealand, Friday reported a $408 million annual loss after writing down the value […]

Low-volatility funds

Six funds recommended by Harry Milling, in alphabetical order:
1. American Century Equity Income (TWEAX)

Britain’s RBS reports loss after Greek writedown

Royal Bank of Scotland Group PLC swung to a second-quarter loss Friday as it wrote down the value of its Greek bond holdings by a […]

TSX plunges 436 points on U.S. recession fears

North American stock markets took a hammering Thursday as investors grew ever more pessimistic about the economy with evidence mounting that a serious slowdown may […]

German investor confidence dips

A new survey shows German investors have less confidence in their nation’s economy as fears over a Greek refinancing and depressed U.S. economy darken growth […]

Morningstar augments mutual fund ratings

Investors familiar with Morningstar’s 5-star system for rating mutual funds will soon see ratings based on an “AAA” scale as well. It’s an addition to […]

Spain arrests 3 members of Anonymous in Sony hacking probe

MADRID

More drivers behind wheel of 4-cylinders

When it comes to cars, four is the new six.
Stung by high gas prices, more Americans are seeking cars that can get 30 to 40 […]

Buffett-backed BYD moves ahead with China IPO

Chinese car and battery maker BYD Co. is awaiting approval from China’s stock regulators for a share offering on the Shenzhen Stock Exchange aimed at […]