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2 hours ago

Rates rise at weekly US Treasury auction

WASHINGTON (AP) — Interest rates on short-term Treasury bills rose in Monday’s auction with rates on six-month bills climbing to the highest level in more than four years….

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2 hours ago

BMW Q2 earnings slip on costs for new models

FRANKFURT, Germany (AP) — German luxury automaker BMW AG says net profit slipped 1 percent in the second quarter as the company incurred higher launch costs for new models….

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2 hours ago

Royal Bank of Scotland sale raises $3.3 billion

LONDON (AP) — The U.K. government says it has sold 5.4 percent of taxpayer-owned Royal Bank of Scotland for 2.1 billion pounds ($3.3 billion) as it begins to shed a stake acquired at the height of the financial crisis in 2008….

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2 hours ago

Oil prices slide as worries about global supply glut mount

The slump in oil prices deepened Monday, pulling down the price of U.S. crude to the lowest level in more than four months….

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2 hours ago

Pimco says SEC may take action against its total return fund

NEW YORK (AP) — Investment giant Pimco said Monday the Securities and Exchange Commission may take legal action against its total-return fund….

KDWN

3 hours ago

Rates rise at weekly US Treasury auction

WASHINGTON (AP) — Interest rates on short-term Treasury bills rose in Monday’s auction with rates on six-month bills climbing to the highest level in more than four years….

KDWN

3 hours ago

Your mutual fund may have Greek stocks, but just a smidgen

NEW YORK (AP) — Yes, your mutual fund may own some Greek stocks. No, most likely not a lot….

KDWN

3 hours ago

Oil prices slide as worries about global supply glut mount

The slump in oil prices deepened Monday, pulling down the price of U.S. crude to the lowest level in more than four months….

KDWN

3 hours ago

Pimco says SEC may take action against its total return fund

NEW YORK (AP) — Investment giant Pimco said Monday the Securities and Exchange Commission may take legal action against its total-return fund….

KDWN

3 hours ago

Fire sale on stuff that burns: Oil, natural gas, coal down

NEW YORK (AP) — These days it seems whatever can be burned to power a car, heat a home, make electricity or ship people and goods around the globe is being sold at bargain basement prices….