NEW YORK, Nov. 11 (UPI) -- A soured investment in Lehman Brothers debt proved even a prudent U.S. investor can find trouble in the current financial environment.
NEW YORK, Oct. 23 (UPI) -- The days of guaranteed success and huge wealth gained through managing a hedge fund appear to be fading and may be over, one U.S. investment manager said.
WASHINGTON, Oct. 21 (UPI) -- The U.S. Federal Reserve said Tuesday it would create a Money Market Investor Funding Facility to restore liquidity in money market mutual funds.
ADELAIDE, Australia, Oct. 7 (UPI) -- Australian oil and gas producer Santos has completed a $300 million off-market buyback.
NEW YORK, Sept. 25 (UPI) -- Faith in the job market has dimmed for many U.S. job seekers in recent weeks due to the financial meltdown on Wall Street, observers said.
WASHINGTON, Sept. 19 (UPI) -- U.S. President George Bush outlined Friday a number of far-reaching and costly steps aimed at staunching a growing financial crisis.
NEW YORK, Sept. 18 (UPI) -- Money market mutual funds, among the safest bets in the investment spectrum, have begun to show signs of strain, financial analysts said Wednesday.
PHOENIX, Sept. 16 (UPI) -- Arizona farmers say the state acted illegally when it used $160,000 in agricultural funds to help balance the state budget.
LONDON, Sept. 15 (UPI) -- Major banks in Europe said they were prepared to intervene to stabilize markets in the wake of the financial upheaval on Wall Street.
SEOUL, April 18 (UPI) -- South Korea has agreed to open its market to U.S. beef imports after a ban of more than four years, trade negotiators said Friday.
WASHINGTON, April 17 (UPI) -- Hedge fund managers are turning their attention to congressional attempts in Washington to fix the struggling student loan business, analysts said.
NEW YORK, April 16 (UPI) -- Two former New York City Council staff members were charged Wednesday with embezzling $145,000 that was supposed to be used to help school children.
BAGHDAD, April 14 (UPI) -- A bomb that exploded beneath a parked car killed at least four people and injured 10 others in Baghdad, authorities said Monday.
WASHINGTON, Feb. 12 (UPI) -- The U.S. Federal Reserve auctioned $30 billion in funds Tuesday hoping to increase reserves at banks that would then loosen up money for borrowers.
NEW YORK, Nov. 26 (UPI) -- The Federal Reserve Bank of New York said Monday it would make $8 billion in special money-market loans to offset upward pressure on short-term interest rates.
